Financial Services

ASEAN Business Awards Laos 2019 To Be Held In August

The ASEAN Business Awards Laos 2019 will be held in coming August to recognize outstanding local businesses and use them as champions to spread the knowledge of doing business in the ASEAN Economic Community.

The winner will be announced on Aug 20 and the ABAL prize ceremony will be held on Sep 6 in Vientiane Capital. The winner will be given a chance to compete at the regional event ASEAN Business Awards 2019 to be held in Bangkok, Thailand in November.

ABAL aims to inspire and rally Lao businesses to participate in the integration process and become key players in the ASEAN market, said Tuesday the Vice President of the Lao National Chamber of Commerce and Industry and ASEAN Business Advisory Council Member for Laos, Mr Thanongsin Kanlaya.

Apart from distinguishing, celebrating and motivating Lao champions at the national level, other key objectives of the ABA are to bring those innovative and market-driven SMEs that show real potential of becoming regional players in their respective industries to the spotlight, and to unlock a creative and encouraging competitive spirit that has everyone not just wanting to win, but wanting to compete, said Mr Thanongsin.

The general enterprises and businesses operated in the Lao PDR are also invited for the competition. Application form can be downloaded at the www.Incci.la/aba2019.

We are proud and to be part in supporting the ABA Laos, which is the first step for Lao businesses to compete at the ASEAN level, said Mr Jens Peter Luetkenherm, Ambassador of the Federal Republic of Germany to the Lao PDR.

As for this year, we have added four more prizes including sustainable social business, outstanding family business, Start-up and IDE and also Green business, said the ambassador.

Source: Lao News Agency