Korea Eyes Laos and Cambodia for E-commerce Opportunities

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A Capacity Building Workshop for expanding business opportunities in e-commerce has been organized by the ASEAN-Korea Center in Vientiane for Wednesday, July 5, 2017.

Organized by the Ministry of Planning and Investment (MPI) and the Lao National Chamber of Commerce and Industry (LNCCI), the purpose of the workshop is to share Korea’s experience and expertise in e-commerce with Lao entrepreneurs.

Secretary General of the ASEAN-Korea Centre, Kim Young-sun, stated that, “As more and more businesses are moving away from traditional offline stores and going online, electronic commerce has increasingly become an important parcel of doing cross-border business. Lao PDR has a great potential to develop its e-commerce sector, as broadband internet access is widely available in Vientiane and in other parts of the country. I hope this workshop serves as a platform not only to enhance the competitiveness of Lao e-commerce sector but also to expand digital business opportunities between Lao PDR and Korea.”

The opening ceremony of the Workshop will be held on Wednesday, July 5 at the Crowne Plaza Hotel. Kim Young-sun along with the Ambassador of ROK to Lao PDR, Yun Kang-hyeon, and various high-ranking officials from the MPI are expected to deliver their thoughts.

Experts and business representatives from Korea and Laos will conduct presentations on the themes of ‘Overview of Korea’s E-Commerce Development Strategies’, ‘Policies and Opportunities in Lao PDR’s E-Commerce Industry’, ‘How to Enhance Cross-border E-Commerce’, and ‘Business Start-up for SMEs’ following the ceremony.

The Korean delegation that will participate in the workshop includes experts from the Korea International Trade Association, the Asian Development Bank Institute (ADBI), the Changgong E-Commerce Laboratory, as well as the Kyungpook National University.

Korean business representatives will also take part in the workshop, seeking new business opportunities in the e-commerce area through one-on-one business meetings and site visits.

Due to the ASEAN-Korea partnership recognizing the importance of the digital era, the partnership has carried out  several programs in digital industries. The workshop that will be held in Laos is part of the back-to-back workshops in Lao PDR and in Cambodia, which will enable the ASEAN-Korea Center to gain insight on the current status and potential of the e-commerce industries in the two countries.

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