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 partners and 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 and Vietnam.
WAVBC Business Tour Opportunities
As Vietnam continues to emerge as one of Asia’s fastest growing economies there is an increasing global interest in learning more about Vietnams ability to become a trusted partner in the growing array of global trade and investment markets. Given today’s environment of advanced communication technologies, the value of establishing sustainable ‘face to face’ relationships still remains a high priority with many Vietnamese businesses, when engaging with potential partners or customers.
A key WAVBC strategy is to arrange and host two-way business tours for our West Australian and Vietnamese partners so they can experience ‘first hand’ Vietnamese or West Australian local business cultures and eco systems. WAVBC has an ever-growing network of Vietnamese business men and women across Vietnam who are keen to welcome business visitors from Western Australia.
Business tours to Western Australia from Vietnam provide an opportunity not only to enhance relationships but to promote Western Australia as an ‘open for business’ destination. In Vietnam, for too long there has been a mindset focussed on Australia’s eastern states and having Vietnamese business tours coming to Western Australia will greatly assist with spreading the word.
Learn more about WAVBC Business Tours visit – Partnership Opportunities
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
Stock market urged to play bigger role in meeting long-term capital needs
Developing capital market becomes critical as Việt Nam needs an estimated VNĐ38.5 (US$1.45 billion) quadrillion investment during 2026-30, while bank lending remains the dominant source of financing for the economy, experts said at the Vietnam Capital Forum 2026 in HCM City on October 30.
34 projects compete at Green Startup Competition 2026 in HCM City
Thirty-four projects from 18 provinces and cities are showcasing innovative ways to turn local resources and agricultural by-products into higher-value products, promote green materials and develop sustainable business models at the 12th Green Startup Competition 2026 in HCM City.
NA deputies call for lower business costs to achieve double-digit growth
During a NA debate on the country’s 2026 socio-economic performance and development plans for 2027 on Saturday, deputies said improving access to finance, removing investment bottlenecks and making more efficient use of capital would be essential to sustaining rapid economic expansion.
Average retail electricity price cut by 2 per cent from November 1
Việt Nam will cut its average retail electricity price by 2 per cent to VNĐ2,159.90 per kWh (excluding value added tax) from November 1, in a move aimed at easing energy costs for households and businesses and supporting economic growth, Vietnam Electricity (EVN) said on Saturday.
Việt Nam cuts fuel tax to zero, petrol prices fall by up to VNĐ1,800 per litre
Việt Nam cuts petrol tax to 0 per cent, with prices falling by up to VNĐ1,804 per litre from November 1.
Việt Nam’s electronics industry faces trade deficit despite strong export growth
Deputy Minister of Industry and Trade Lương Hoàng Thái highlighted the electronics industry’s significant contribution to national exports, calling on businesses and experts to analyse its import-export structure, identify challenges and propose solutions to improve its development prospects.
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.