The Managing Director of Lao NewPay Technology Joint Venture Co., Ltd., Dr Meksavang Phommaly (left), has a friendly discussion with the Executive Vice President of the Lao National Chamber of Commerce and Industry, Mr Daovone Phachanthavong.

Lao NewPay sponsors LNCCI as VVIP distinguished member of the Chamber

The Lao National Chamber of Commerce and Industry (LNCCI) last Friday received a sponsorship contribution from Lao NewPay Technology Joint Venture Co., Ltd., which has joined the chamber as a VVIP Distinguished Member.
The contribution aims to strengthen the role of the LNCCI and further promote the development and capacity-building of the business sector in the Lao PDR.

The Executive Vice President of the Lao National Chamber of Commerce and Industry, Mr Daovone Phachanthavong (right), and other senior LNCCI officials welcome the Managing Director of Lao NewPay Technology Joint Venture Co., Ltd., Dr Meksavang Phommaly (left), at the LNCCI office.

The sponsorship funds were presented by the Managing Director of Lao NewPay Technology Joint Venture Co., Ltd., Dr Meksavang Phommaly, and officially received by the Executive Vice President of the Lao National Chamber of Commerce and Industry, Mr Daovone Phachanthavong.
The partnership reflects the close cooperation between the LNCCI and the private sector in supporting the country’s economic development and enhancing the competitiveness of Lao businesses.
Established in 2019, Lao NewPay Technology Joint Venture Co., Ltd. is the first and only innovative tech company in the Lao PDR to obtain a payment business licence from the Bank of the Lao PDR (BOL).
With a strong focus on technological innovation and expanding access to financial services, NewPay has developed and introduced the “Digital Life Platform”.
The platform integrates core services including mobile payments, online shopping malls, retail credit, education and healthcare services, access to government services, and a wide range of lifestyle solutions.
Through continuous development, the company has positioned itself as a pioneer in digital payment systems and an emerging leader in digital platform services in Laos.

The Managing Director of Lao NewPay Technology Joint Venture Co., Ltd., Dr Meksavang Phommaly (right), presents 100 million kip as part of its VVIP Distinguished Membership to the Executive Vice President of the Lao National Chamber of Commerce and Industry, Mr Daovone Phachanthavong.

By Advertorial Desk
(Latest Update February 23, 2026)