Consultation And Dissemination Conference On The Implementation Of The Notice On Regulating And Executing The Payment Of Wages Or Salaries And Other Policies
Consultation and dissemination conference on the implementation of the Notice on regulating and executing the payment of wages or salaries and other policies for employees in the Lao PDR, on September 19, 2024, at the Lao National Chamber of Commerce and Industry
Navigating New Labor Policies
Chaired by Mr. Vanthong Sitthikoun, Vice President of the Lao National Chamber of Commerce and Industry (LNCCI) along with Mr. Phongsavanh Xaykosi, Director General of the Department of Labour Management, Ministry of Labour and Social Welfare. In which, there was the attendance of representatives from the Ministry of Labour and Social Welfare, foreign chambers of commerce in Laos, VVIP and VIP members, business association groups, and provincial chambers of commerce and industry attending in-person at the meeting room and via online format with a total of 55 delegates (23 females).
The purpose of this conference is to present the content and purpose of "Notice No. 2721/MoLSW, dated August 13, 2024, on regulating and executing the payment of wages or salaries and other policies for employees in the Lao PDR" to create understanding and consistency in regulating and paying wages or salaries and other policies for employees across all labor units. Aiming to protect the rights and interests of employees and employers, this notice is implemented based on the Prime Minister's Directive on the organization and implementation of foreign currency management, No. 10/PM, dated July 14, 2024.
The above conference received support from the Lao PDR Competitiveness and Trade (LCT) Project, which is a project co-funded through a Multi-Donor Trust Fund by the World Bank, the Australian Government, the Irish Government, and the United States Government, with the core objective of minimizing and eliminating barriers to business growth and development through improving the regulatory environment, reducing trade costs, and enhancing the competitiveness of the business sector.






























