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.
Viet Nam’s PetroVietnam Oil Corporation (PV OIL) is running profitably in Laos, with average revenues of over US$100 million and a contribution of over $20 million to the host country’s budget a year.