Laos seeks to enhance MSMEs competitiveness, digital skills


- Illustrative photo.

VIENTIANE: Laos is stepping up efforts to strengthen the competitiveness of micro, small, and medium-sized enterprises (MSMEs) and enhance human resource development through digital innovation, in line with its goal of equipping more young people with information and communication technology (ICT) skills.

According to a report from the Lao Ministry of Industry and Commerce on Wednesday (Sept 10), the ministry convened a meeting to review the project for human resource development in digital innovation for MSMEs in Laos in 2023-2025.

The project aims to strengthen human capital and enhance the competitiveness of MSMEs, entrepreneurs, and startups through digital innovation.

It focuses on equipping individuals with digital and ICT skills to support employment, foster entrepreneurship, and promote the creation of new startups.

Key components include infrastructure development and staff training in ICT and related technologies.

The project also represents a significant step toward modernising the country's entrepreneurial ecosystem.

By fostering digital skills and innovation, the project is expected to improve competitiveness, create jobs, and support the country's path toward sustainable economic development. - Xinhua

 

 

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