Laos works to strengthen SMEs prior to AEC integration
Around 400 representatives from enterprises, companies, banks, and financial institutes of Laos and Thailand met in Vientiane Capital on June 16 to discuss improving Lao Small and Medium Enterprises (SME) and enhancing their competitiveness in the ASEAN Economic Community (AEC).
The half-day seminar was held at the Lao Securities Exchange (LSX) in Vientiane Capital under the chairmanship of the Minister to the Government Office and Director General of the Office of the Government Secretariat, Mr Phouphet Khamphounvong.
By 2020, at least 25 local companies are expected to be listed on the LSX. Currently there are only four.
“We have to attach special attention to SME improvement to ensure that they are competent enough to access capital resources in order to be listed and sell shares on the LSX,” said Mr Phouphet.
