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Business & Country Feature |
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March Issue 05
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| Laos - Country Facts and Statistics |
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| Anyone wishing to do business in Laos must bear in mind that it still bears the trademark characteristics of a centrally planned economy. Thus, the ‘Party’ plays a very important role in the government and public institutions. As such, all important decisions must be agreed to by a Party representative. |
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| As is the case in most developing economies, there are opportunities to be realised in the field of education here. In Laos, education is a service that is sought after by the middle class. On top of this, niche service providers might be interested to know that there is also an education market in the banking and finance industry, due to its growth. You will have few competitors to contend with; the option of licensing teachers or trainers is also available.
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| Interested in setting up a food and beverage outlet in a Laotian city? Then how about a retail outlet dispensing exotic Laotian coffee?.....
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| To read more on such articles, simply click here to subscribe to the FIVER! publication. All it takes is just 5 minutes of your time to fill in your particulars Online and submit it to us. |
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