The Western Australia Vietnam Business Council Inc (WAVBC) is based in Perth, Western Australia and is a ‘not for profit organisation’. The WAVBC first began in 2003 but it ceased operation in 2008. The appointment of a Vietnam Consul General based in Perth, Western Australia in 2012 rekindled Western Australian interest in Vietnam and the existing WAVBC was reformed in early 2015.
Over the last eight years the WAVBC has slowly been developing its business culture and establishing ‘like-minded’ business networks in both Western Australia and Vietnam.
In 2018, the WAVBC began supporting the Western Australian Government’s ‘Asia Engagement Program,’ an initiative to focus on four South East Asian countries: Singapore, Malaysia, Indonesia, and Vietnam. To this day, the WAVBC remains committed to the three key drivers of the program: increasing two-way trade, attracting investment and diversification of the WA economy.
During the year leading up to COVID, the WAVBC made good progress building relationships with local Vietnamese governments and leading business groups in Southern Vietnam. However, the arrival of COVID in early 2020 and the ongoing international travel bans resulted in the momentum the WAVBC had generated being lost.
However, it was very pleasing in September 2020 to see a WAVBC initiative become reality when the WA Government signed an MOU to promote effective and mutually beneficial co-operation for the development of friendship with the Ba Ria Vung Tau Peoples Committee.
Early in 2021, the WAVBC set up a subcommittee called the WA Vietnam Cultural Group (WAVCG) to support one of its key objectives of building sustainable relationships with the local West Australian Vietnamese communities. The WAVCG started with a few small events and to date has successfully become established within the local Vietnamese communities.
Following COVID there has been increased interest in the activities of the WAVBC in both Western Australia and Vietnam and recent visits to Vietnam by committee members has seen the re-establishment of the old business pre-COVID relationships and they have also managed to add a few exciting new organisations to the ever-growing group of the WAVBC’s Vietnamese friends.
The WAVBC, for the very first time has a full committee of fifteen for 2023, with all the committee members having experience of living, working, or trading with Vietnam. Such a knowledgeable committee strengthens the ‘in country’ experience and knowledge available to the WAVBC members.
The upgraded WAVBC website will soon become the ‘hub’ for all WAVBC activities and provide a platform for both West Australian and Vietnamese SMEs to engage in B2B relationships. Additional Events and Social Networking Evenings are scheduled for 2023 as the WAVBC seeks to grow its partnerships and memberships with those West Australian companies who are interested to learn more about doing business with Vietnam.