Publication Date : 03-05-2013
Lao’s 2nd Nationwide Economic Survey will commence next week, after a meeting was convened yesterday in Vientiane to announce the launch of the national business survey.
This is the second nationwide economic survey after the first was undertaken back in 2006. The aim is to record all essential economic units operating their businesses in Laos in order to provide basic information to planners, developers, researchers, and other people who require it.
“The survey is central to the improvement of the national statistics system as a whole,” said Deputy Minister of Planning and Investment and Lao Statistics Bureau Dr Samaychanh Boupha at the meeting to announce the survey.
“Its outcomes will be useful for the diverse enrichment of the database that will help us in research, studies, and analysis, providing data for political leaders, planners, researchers, developers, and businessmen in their decision making.”
Other objectives of the survey include updating the database on essential economic units, which will provide indicators for further related surveys, and as a reference for structural economics and growth rate calculations.
It also aims to analyse the potential and geographical locations of various economic units, and which sector of the economy they belong to.
The survey is part of preparations the upcoming Eight National Socio-Economic Development Plan, and the government hopes to collect accurate data which provides a clear picture and is useful for future socio-economic development planning.
The targets of the survey will be all essential economic units operating at the time the survey is conducted. These include state and private, domestic and foreign invested enterprises, production units and shops, management administrative units, associations, charity foundations, non-profit organisations, and non-governmental organisations operating in Laos, regardless of whether they are registered or not.
Business units and shops which are not-permanently located, production activities for household consumption, business units and enterprises located on military and police territory, government administrative organisations, embassies, and international representative offices will not be subjected to the survey.
The survey will provide data on the number of essential economic units and their operational activities, separated by geographical location and type, economic structure, investment forms, their related management levels, registration and accounting.
Other data expected from the survey includes data on employment, labour benefits, labourers' education levels by economic sector, technology use in production and service, and other related information.
The nationwide economic survey is one of various important statistical surveys included in the strategy on national statistics development. As stipulated in the Law on Statistics, the survey should be conducted once every five years, to provide up-to-date information for economic planning and decision making.
In his remarks at the launching ceremony, Minister of Planning and Investment and head of the committee guiding the survey Mr Somdy Duangdy called on the administrative leaders at all levels, in particular the guiding committees and municipal authorities, as well as officials at the provincial and district levels to offer their cooperation and actively participate in the survey.
He also called on entrepreneurs, businessmen, and all domestic and foreign traders to actively participate in the survey in accordance with their obligations by sincerely providing true and correct information about their business operations, following the slogan: ‘Sincere information provision – contribution to the nation'.
The survey will be conducted over two separate periods. From May 10 until June, the survey will involve compiling a list of enterprises, and in November the survey will examine the individual economic units in the industrial, commercial, and service sectors.
COPYRIGHT: ASIA NEWS NETWORK
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