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
Việt Nam plans massive airport network expansion with focus on efficiency and sustainability
The Ministry of Construction is reviewing adjustments to the national airport development plan for 2030 (with a vision to 2050) that would increase the number of airports nationwide from 22 to 32 by 2030 and 35 by 2050.
HCM City shifts consumer stimulus strategy beyond discounts to experiences
The shift reflects changing consumer behaviour, with convenience, entertainment and personalised experiences becoming as important as price in purchasing decisions.
From coffee to cars, major brands prepare for IPOs
Việt Nam’s stock market could receive between $1 billion and $1.5 billion in foreign capital during the initial phase after an upgrade, with cumulative inflows potentially exceeding $5 billion over the following five years.
Wave of new share issuances raises dilution concerns
Around 70 per cent of planned issuances have yet to be carried out, suggesting that both capital-raising pressure and the market’s ability to absorb new shares could increase significantly in the second half of the year.
Central Việt Nam’s cement industry missing out as global demand surges
The region stretching from Nghệ An to Quảng Trị is home to some of the country’s largest cement producers and enjoys favourable access to seaports.
Tây Ninh seeks Belgian investment across sectors
Tây Ninh wishes to become a trusted partner of the Belgium business community, particularly in areas such as circular economy, clean energy, environmental technology, biotechnology and advanced agriculture.
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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.