Evaluation of state management of trade in Luang Prabang province

Luang Prabang Province, Laos, is the cultural and tourism center of the country and the educational, economic-commercial center of the northern provinces. The province has a favorable geographical location, which is the connecting point of the central provinces and the northern provinces, contiguous with Son La and Dien Bien provinces of Vietnam. As Luang Prabang has numerous important tourist destinations, attracting thousands of visitors each year, the province has much potential for commercial development. The main purpose of this study is to empirically test the state management of trade in Luang Prabang province in accordance with the law of Laos. The author collected secondary data from previous studies. The results of the research show that (i) Commercial infrastructure development including: Commercial infrastructure development, Import and export; Activities to promote trade, trade fairs and exhibitions; Price management, commercial competition, Provision of economic and trade information at home and abroad, and Supervision of the observance of commercial law; (ii) Limitations in state management of commerce. Based on the findings, some recommendations are given to Lao People's Democratic Republic.