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
Banks not allowed to offer promotions to depositors
Credit institutions are not allowed to offer promotional incentives in cash, interests or other forms, to lure depositors, according to recently issued circulars on interest rates for deposits in Vietnamese đồng and US dollar.
Hà Nội drives circular and innovative growth for sustainable future
As Hà Nội commemorates 70 years of liberation, the city is embarking on a transformative journey, focusing on circular and innovative growth to secure a sustainable future that aligns with global development trends.
VN earns over US$7 billion from fishery exports in nine months
After years of disruption due to COVID-19, conflicts, and inflation, global markets are stabilising, allowing Việt Nam’s fishery exports to regain momentum.
Budget revenue from import-export activities up 13.5%
For 2024, the National Assembly has assigned the GDVC to collect VNĐ375 trillion for the state coffer, with VNĐ204 trillion expected from import-export activities.
Korean visitors increase spending in Việt Nam: Visa
The Việt Nam National Authority of Tourism said Việt Nam welcomed more than 11.4 million foreign arrivals during January – August, a year-on-year increase of 46 per cent. The RoK continued to be Vietnam’s largest source market of tourists with more than three million travellers over the eight-month span.
Samsung opens new store in Hà Nội
Samsung Vietnam on Friday announced the grand opening of Samsung West Lake, a new retail store at Lotte West Lake in Hà Nội. This marks a significant milestone in Samsung’s journey to deliver exceptional experiences to customers.
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.