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
Brazilian firms plan business missions to Việt Nam in 2027
Ambassador Bùi Văn Nghị met business leaders from 12 Brazillian companies, including CSX Holding, Azevedo & Travassos, Etesco and Monte Carlo, on October 21.
Việt Nam to cut public investment projects by at least 30% to focus resources: PM
Priority should also be given to poverty reduction, support for ethnic minority communities and disadvantaged areas, national defence and security, and essential services such as healthcare, education and culture.
Vietnamese exporters urged to tap UAE trade pact to expand into Middle East, Africa
Vietnamese businesses are being encouraged to capitalise on tariff preferences under the Comprehensive Economic Partnership Agreement (CEPA) between Việt Nam and the United Arab Emirates (UAE) to expand exports to the Gulf region, the Middle East and Africa.
Central city approves Free Trade Zone 7 investment plan
The central city’s People’s Committee has approved an investment plan for the development of the seventh functional area of the Đà Nẵng Free Trade Zone 7 (FTZ7) on an area of 276ha with a capital of VNĐ3.52 trillion (US$140.8 million).
SBV to curb property price inflation, enforce lending rate rules
Commercial banks and real estate businesses should no longer regard property as a sector that would always generate high profits, said SBV Governor.
Hà Nội changes mindset in attracting high-quality capital
Hà Nội’s strength lies in its dual vision: attracting international capital while using those capital flows as leverage to activate endogenous strength from hundreds of thousands of small and medium-sized enterprises.
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.