Object, Criteria, and Selection Process

Objective

To recognize outstanding Lao enterprises and use them as a means to spread knowledge about the ASEAN Economic Community

To inspire and rally Lao businesses to participate and become key players in the broader market

To strengthen over-all competitiveness of Laos in the ASEAN Economic Community


Criteria

Excellence Awards (1 winner for each category)

Lao Priority Integration Sectors

Applicants must have demonstrated the capacity to pursue sectoral integration in the Lao PDR as evidenced in its economic contribution to the development of the Lao PDR.

ICT-E-ASEAN

Textile

Transport / Logistics

Wood-based

Infrastructure

Tourism

Energy

Agricultural -based

Retail

Handicraft

SME Excellence Awards (2 winners for each category)

GROWTH

Applicants must have demonstrated initiative and willingness to undertake bold new ventures and include evidence of sustainable growth and commercial success to levels that are outstanding for the size of the applicant’s operations

INNOVATION

Applicants must have demonstrated a proven ability to create, nurture and develop new products or services. Achievements can include, but are not limited to, the invention, design, production, performance, marketing and distribution of their products and services.

CORPORATE SOCIAL RESPONSIBILITY

Applicants must have demonstrated a high standard of commitment in the way they organize and integrate their responsible business practices thus creating a positive impact in the workplace, the marketplace, the environment and the community.

EMPLOYMENT

Applicants must have demonstrated the provision of a stimulating and supportive workplace. Qualifiers of this award are required to demonstrate how its people development strategies have created a committed, motivated and effective workforce.

Special Awards (1 winner for each category)

Friend of Lao PDR

Applicants must be foreign businesses operating in the Lao PDR that contribute to the socio-economic development of the country.

Woman Leader

Applicants must female and have demonstrated excellent skills and performance in business leadership. .

Young Entrepreneur

Applicants must have demonstrated outstanding potential and results in entrepreneurship evidenced by the number and quality of business and social entrepreneurships


* For detail criteria , please refer to information in the Nomination form


Selection Process


JUDGES

ACADEMIA

2 Distinguished Professors from Business Faculty, NUOL

GOVERNMENT

1 representative of the SME Promotion Department, MOIC 1 representative of the Investment Department, MPI

VETERAN BUSINESS COMMUNITY

2 individuals

MEDIA

2 individuals

ASEAN Business Advisory Council (ASEAN BAC) Lao 
BAC Secretariat (GMS-BF Office) 
at Lao National Chamber of Commerce and Industry

  • Kaison Phomvihan Ave, KM 5, Ban Phonphanao, Saysettha District, Vientiane, Lao PDR; P.O.Box: 4596
  • Tel: (+856-21) 720 437
  • Fax: (+856-21) 720 438
  • E-mail:  abalaos@lncci.la
Самая качественная в Киеве гидроизоляция