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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
SBV proposes higher lending caps for major projects in Hà Nội
The maximum credit exposure for a single borrower would not exceed 38 per cent of a bank’s owned capital, while lending to a borrower and related parties would be capped at 52 per cent of bank capital when financing large projects in the city.
Việt Nam seeks to put its financial centre on the global capital radar amid shifting flows
Việt Nam is positioning its international financial centre to tap shifting global capital flows, focusing on niche segments, competitive costs and a modern regulatory framework to attract strategic investors.
Supervision mechanisms, operational standards critical for piloting crypto asset market
While digital assets are widely viewed as a promising sector that could contribute to economic growth, concerns remain among investors about transparency and safety in a transitional regulatory environment.
Khánh Hòa approves VNĐ5.4 trillion social housing project in Nha Trang
Covering nearly five hectares, the project has a total investment of more than VNĐ5.431 trillion and is expected to accommodate around 7,960 residents.
Việt Nam, Japan sign ¥50b ODA loan agreement
The signing ceremony was attended by Deputy Minister of Finance Trần Quốc Phương and Kobayashi Yosuke, Chief Representative of the JICA Việt Nam Office.
Cần Thơ, T&T Group sign deal to develop major infrastructure, urban projects
Cần Thơ City People’s Committee and T&T Group on March 31 signed a cooperation agreement to explore potential for the development of major infrastructure, energy and urban projects in the southwestern city.
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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.