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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
Uneven cold storage distribution creates challenges for Vietnamese businesses
The uneven distribution of cold storage in Việt Nam is creating hurdles, driving up business costs and posing a challenge for the country’s competitiveness and its ambition to reach US$100 billion in agro-forestry-fisheries exports by 2030.
Carbon footprint emerges as new competitive edge for Việt Nam’s farm exports
Coffee, one of the country’s key export commodities, is under significant pressure to green its entire value chain.
People’s high savings rate considered important potential capital source for growth
As savings rate of Vietnamese people is very high at up to 37 per cent of GDP, experts said it is a potential available capital resource that should be exploited to promote economic growth.
Ministry proposes restructuring VNR into national railway group to spearhead North–South mega project
The Ministry of Finance said that the overhaul is driven by new mandates assigned by the National Assembly, the Government, and the Prime Minister, including resolutions on investment policy for the North-South high-speed railway and Lào Cai–Hà Nội–Hải Phòng line.
Visitor numbers at Hà Nội’s historical sites rise after admission fees waived
The programme, organised by the city’s Department of Culture and Sports, runs from February 20 to 22, corresponding to the fourth to sixth days of the first lunar month in the Year of the Horse.
Finastra research: Việt Nam’s financial sector accelerates AI adoption, but security and legacy systems remain barriers
Financial institutions in Việt Nam are rapidly advancing their adoption of artificial intelligence (AI), yet concerns over cybersecurity and outdated core systems continue to pose significant challenges to scaling deployment, according to new research released by global financial software provider Finastra.
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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.