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
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.
SME Excellence Awards (2 winners for each category)
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
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.
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.
Applicants must female and have demonstrated excellent skills and performance in business leadership. .
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
2 Distinguished Professors from Business Faculty, NUOL
1 representative of the SME Promotion Department, MOIC 1 representative of the Investment Department, MPI
VETERAN BUSINESS COMMUNITY