South Australia – Vietnam Business Council established

Wednesday, 01/12/2021 17:13
The South Australia – Vietnam Business Council (SAVBC) was recently established in Australia, creating a new trade connectivity channel for businesses of the two countries.

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Chairman Francis Wong (right) speaking at the event (Photo: VNA)

Speaking at the event, SAVBC Chairman Francis Wong, who is also representative of Becamex IDC in Australia, said the SAVBC’s establishment is expected to help private sector in South Australia state better tap opportunities and build close ties with the Vietnamese partners.

The members of SAVBC will share experience and cooperate with Vietnamese firms in fields of Australia’s strength such as agriculture, fisheries, education, digital economy, tourism, science-technology and innovation, manufacturing, energy and natural resources, and services.

Mr. Francis Wong said that as Vietnam is forecast to be a new hub of Mekong River region, ASEAN and Asia, the SAVBC will offer favourable conditions for South Australia’s enterprises to boost investment in Vietnam, such as expanding markets, improving their growth and competitiveness.

According to him, in the immediate future, it will introduce the Vietnamese market to its members via seminars and forums, thus providing a platform for them to connect with representative Vietnamese agencies in Australia.

The SAVBC now has nearly 70 members, mostly those in South Australia State operating in trade and services. It expects to have 200 members in the next 18 months.

At the event, longan, fresh coconut and dragon fruit of Vietnam were also introduced to Australian companies. They are all imported and distributed by 4 Ways Fresh company.

On the same day, the Vietnamese Entrepreneurs Association in Sydney held an year-end meeting to review its 2021 activities and debuted its new executive board for the second tenure./.