Welcome to
West Australian Vietnam Business Council Inc.
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About Us
Promoting and supporting the development of bilateral trade and investment between Australia and Vietnam
The West Australian Vietnam Business Council (WAVBC) promotes and supports the development of bilateral trade and investment between Australia and Vietnam. We are proud to have a pivotal function in providing invaluable business and cultural support to our members’ by encouraging cultural exchanges between the business communities of Western Australia and Vietnam.
The WAVBC actively co-ordinates an annual program of business seminars, networking, and social functions within Western Australia.
WAVBC Activities
The WA Vietnam Business Council hosted its first 2024 Spring Series Event on Thursday night at the Novotel Hotel in Perth. The event was very well supported and our two guest speakers Graham Rigo – Executive Projects – Blackstone Minerals and Mundi Puvanendran – Managing Director – Prime Global Logistics provided very informative presentations about the challenges they have faced in setting up and operating their respective businesses in Vietnam. Their presentations will soon be available on our website.
To kick off our 2024 Spring Series of Events we are very pleased to welcome two very special guest presenters. Setting up and running a business of any type in Vietnam will always present challenges for this event our guest presenters two opposite ends of the process.
Blackstone Minerals has 90% share in Ta Khoa (160kms from Hanoi) a modern nickel mine built to Australian standards that commenced in 2013, whereas Prime Global Logistics have only just opened an office in Ho Chi Minh City to support ….
The WAVBC Committee hosted the first WAVBC Social Networking Evening for 2024 at the Terrarium Bar in Perth on Wednesday night. The evening was well attended, and our members and friends were given an update of some of the key appointments and activities that have taken place already this year. They included:
· Appointment of Naomi Campbell as WAVBC Partnerships & Marketing Manager
· Appointment of Tuan Viet Nguyen – Our second WAVBC HCMC Ambassador….
Today in Ho Chi Minh City a ‘Cooperation Agreement’ was signed between the WAVBC and the Vietnam Business Club ASEAN Global (VNAG). With VNAG having over 2,000 members in Vietnam this now provides a great opportunity for the WAVBC to extend its B2B networks into Vietnam whilst also adding value to the WAVBC membership.
Vietnam News
Exchange rate pressure erodes business profits
The central bank has opted to gradually adjust the central exchange rate, accepting a controlled level of depreciation to absorb external shocks, protect dwindling reserves, and preserve export competitiveness.
Exporters urge VAT exemption for green coffee beans and rice
In the first half of this year, coffee exports surged to $5.5 billion, with rice exports totalling $2.45 billion.
Logistics a strategic piece in Việt Nam’s lithium battery chain
To realise its leading ambitions, the country’s lithium battery industry needs capital, technology and skilled workers as well as another crucial element: a specialised logistics system capable of handling sensitive and hazardous goods.
Long Thành poised to join Asia’s next generation of mega airports: OAG
Global aviation analytics firm OAG forecasts that Long Thành International Airport in southern Việt Nam could become one of Asia’s mega airports, serving up to 100 million passengers annually within the next decade.
EVFTA after 5 years: Trade Counselor highlights gains, challenges, strategic path forward
Five years after the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, Vietnamese Trade Counselor in Germany Đặng Thị Thanh Phương described it as a transformative step in Việt Nam’s integration into the global economy.
Dragon Capital reduces stake in FPT Retail, no longer a major shareholder
This divestment is part of a broader trend, as Dragon Capital has sold over 13 million of the retailer’s shares since the start of 2025.
Our Partners
Today in Perth, WAVBC Executive Director Edmund Damouni met with the Perth Based Vietnam Consul General Ms Nguyen Thanh Ha to sign the ‘Book of Condolences’ in memory of His Excellency Nguyen Phu Trong, General Secretary of the Communist Party of Viet Nam.