The President of Lao National Chamber of Commerce and Industry
The Lao National Chamber of Commerce and Industry (LNCCI) was established in 1989. The chamber has actually 470 members, which are representing a broad cross-section of business enterprises in Lao PDR.
LNCCI adhered to the ASEAN CCI in July 2002, this will pave the way to better relation and cooperation with its foreign partners in the region.
LNCCI is directed by a Board of 15 elected members who are representing the different business and industries in Lao PDR. The Board Executive Committee with the assistance of permanent executive staffs administrate and operate the day to day activities of the chamber.
The principal responsibility of the LNCCI Board is to maintain the links between the local industries and the various Government ministries and agencies in views of the expansion of trade and investment in the Country. The Chamber is mandated to regulate and eliminate some of the impediments than hinder the competitiveness of Lao enterprises in international markets. Through its activities, LNCCI presents a collective interest to its members in the improvement and expansion of their business condition within the evolving market economy in Lao PDR and in the region.
LNCCI established a number of Standing Committees and commissions for advising the board and members on the Lao Government policies and regulations related to the principal economic and financial sectors such as; agriculture and forestry, industry and handicraft, transport, telecommunication and construction, commerce and trade, tourism, education and training, banking and finance, labour and well fare, and foreign affairs.
One of the important responsibilities of LNCCI, which is entrusted by the Ministry of Commerce, is the issuance of Certificate of Origin (CO) for products manufactured in Lao PDR. Considering the growth and expansion of the Lao export industry, the chamber has recently improved its service in expediting the preparation and issuance of the CO certificate.
LNCCI maintains very close ties with the Ministry of Commerce in Vientiane and the commercial secretaries of Lao embassies overseas.
Support to Foreign Investment and Trade
LNCCI established direct formal links with chambers of commerce overseas, including China, Vietnam, France, The United States, Germany, Thailand, Australia, Canada, Sweden, and elsewhere in Europe and the ASEAN region. In addition to this, LNCCI entered into two main partnership project with the Chamber of Crafts and Small and Medium Enterprises of Koblenz for handicraft promotion, Germany, and with the Chambre du Commerce et de L’Industries de Versailles, France for tourism and related services sector promotion.
LNCCI established several successful foreign trade missions since 1990. Having introduced Lao products to foreign consumers at trade shows in Australia, France, Germany, Thailand, Japan, Malaysia and elsewhere. It has organized several trade fairs in Vientiane for Lao products and is willing cooperate with foreign groups to assist with organizing trade fairs in Lao PDR.
LNCCI has been active in organizing seminars for potential foreign investors, enabling them to take direct contact with public and private sector representatives. Such seminars was recently organized for visiting business delegations from Thailand, Malaysia, Singapore, Canada, Japan, Great Britain.
Support to Local and Foreign Enterprises
LNCCI also plays an important role in providing information to local and foreign investors and business men to identify potential business projects and partners, and in helping them to meet concerned authorities and officials.
Other important services provided to its members are:
* Arranging textile export visas through the agreements with foreign embassies.
* Organizing Arbitration for firms that are seeking neutral institution to adjudicate misunderstanding that arise in the course of conducting business
* Preparing and publishing membership directory and news letters.
* Listing member firms in Trade Mission Handbooks during official trade mission overseas.
* Developing and promoting Business Groups and Associations.
* Developing human resource in enterprises through workshops, training and scholarships organized under partnership projects with the support of related agencies.
* Development of competency standard for industries.
Offices and Branch Offices
The LNCCI Office is based in Vientiane Municipality and have branch offices in major provinces (Champassak, Savannakhet, Pakse, and Louangprabang). The Chamber is in the process to extend its branch activities in all the country.
Lao National Chamber of Commerce and Industry (LNCCI)
Ban Phonphanao, Kaisonephomvihan Ave, P.O. Box: 4596, Vientiane Lao PDR
Tel: (856-21) 453 312-4
Fax: (856-21) 452 580
Web Site: www.lncci.laotel.com