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Laos needs ‘best practice’ logistics

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Daovone Phachanthavong says the LNCCI intends to bolster and strengthen the capacity of logistics in Laos and introduce best practices for local firms engaging in logistics. VIENTIANE TIMES

Laos needs ‘best practice’ logistics

LAOS will need to pay serious attention to making logistics more efficient through the application of the world’s best practices, as the country is now integrated regionally and internationally, a top business chamber official said.

Lao National Chamber of Commerce and Industry (LNCCI) executive vice-president Daovone Phachanthavong during a Monday meeting on improving logistics operations in the country said regional and global connections have brought steady economic growth to Laos in recent years.

“Clearly, Laos has now become a member of the World Trade Organisation, the Asean Economic Community and Asean+3, and of course, it is believed that bringing benefits to the Lao economy and logistics has a direct connection with business operations as well,” he said.

Daovone said the LNCCI, as a top business organisation, had a strong ambition to strengthen the commercial sector, especially in order for logistics in Laos to be proficient and ready for competition.

“This Workshop on Improvement of Logistics Operations’ is the fourth in Vientiane and Savannakhet province respectively,” Daovone said.

He said the last three workshops mainly focused on international logistics, regulations, laws on transport and the cost of logistics, and other relevant issues.

The three-day training session will continue until March 13 with participants from more than 40 local companies taking part.

The training course is being conducted by invited Thai speakers who have over 10 years of experience in logistics.

Various professional training programmes in Laos have been supported by the AEM-METI Economic and Industrial Cooperation Committee through the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS).

A seminar was organised by the AOTS and implemented by the Thai National Shippers’ Council in cooperation with the LNCCI and Lao International Freight Forwarders Association.

In addition, the LNCCI recently signed a memorandum of understanding with the Chuenchom Thai-German College of Technology (G Tech) to conduct technical training sessions for local operators in the field of logistics and other international business best practices.

“By doing so, the LNCCI intends to bolster and strengthen the capacity of logistics in Laos and introduce best practices for local firms engaging in logistics operation,” Daovone told Vientiane Times in a recent interview at his office. VIENTIANE TIMES/ANN

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