VIENTIANE : 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. The meeting was held to discuss what types of goods and equipment could be manufactured by Lao companies, as part of efforts to stabilize the economy, boost production levels, and lower the rate of inflation.

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