Laos eyes on promoting domestic products to boost economy

VIENTIANE (Xinhua): The Lao government is keen to promote domestic production and reduce the importation of products that can be produced domestically to boost the Lao economy.

"If domestic production levels can be raised sufficiently to replace the need for imported goods, this would greatly improve Laos' balance of trade," Ardsaphangthong Siphandone, the mayor of Vientiane, said at a meeting in Lao capital Vientiane recently.