Long lines of motorists queuing for petrol have been snaking through the streets of Vientiane in recent days as Laos struggles with a growing fuel crisis.
The Lao Coffee Association (LCA) is worried about a steep decline in domestic coffee production and a gradual increase in prices of the commodity.
The value of Laos’ buffalo and cattle exports this year could exceed $200 million, despite the trading difficulties caused by the Covid-19 pandemic.
The Lao government has ordered steps to be taken against individuals and businesses that import vehicles illegally and to prevent the improper use of all types of vehicles, with the aim of ensuring that all customs duty and other taxes are paid.
Lao authorities have ensured that this year bananas continue to be the top earner among all agricultural exports to China despite the government banning more banana plantations.
Laos exported nearly 22,300 tonnes of coffee beans, worth almost $40 million, during the first six months of this year, up from $20 million from the same period last year, the Lao Coffee Association (LCA) said.
The number of coffee plantations under the Lao Coffee Association (LCA) has decreased by around five to 10 per cent in the first five months of this year as growers shifted to cassava for better incomes.
Lao rubber producers are concerned with what they see as the unsustainably low price of rubber as they experience the brunt of low prices on global markets.
Well known for outlets in various Vientiane locations for its fish flavoured noodle soup (khaopiekloukxinpa) or rice noodle soup with fish meatballs, the SaepEeli noodle brand is aiming to enhance its taste and flavour for the international market, its founder says.
Distributors of organic herbal products are rushing to have the government guarantee them One District One Product (ODOP) certification in hopes of taking advantage of opportunities overseas.