AusCham representatives participated in the 2nd Vietnam - Australia Forum in Hanoi

HANOI - The 2024 Vietnam-Australia Forum (VAC) commenced in Hanoi on 28th August, bringing together over 600 Vietnamese and Australian policymakers, government officials, industry experts, and thought leaders to discuss emerging strategic issues and chart a path for future collaboration. This second VAC forum marks a significant milestone, celebrating the elevation of the Vietnam-Australia relationship to a Comprehensive Strategic Partnership (CSP) and looking forward to the 40th anniversary of Vietnam’s Doi Moi reforms.

AusCham was well represented at the event, with Vice President Mrs. Natalie Fairlie and Board Director Mr. David Whitehead participating in the insightful discussions.

Addressing the forum in his opening remarks, HCMA Director Dr Nguyen Xuan Thang, Politburo member, director of HCMA, and chairman of the Central Theory Council and Australian Senate President Sue Lines highlighted the significance of the elevation of bilateral ties to a Comprehensive Strategic Partnership. They emphasized the development of a new, profound friendship based on shared values and aspirations. The forum focused on various topics including governance, economic relations, and regional challenges, with outcomes and recommendations to be presented to both governments for policy-making.

Mrs. Natalie Fairlie, Vice President of AusCham Vietnam, joined a panel discussing the role of private sector and business chambers in driving successful economic development between Vietnam and Australia. She emphasized the crucial contributions of the private sector and business chambers in facilitating trade, creating jobs, and fostering innovation. Collaboration between businesses in both countries can lead to mutual growth and prosperity. The Comprehensive Strategic Partnership (CSP) presents an invaluable opportunity for Australian and Vietnamese businesses seeking growth and expansion.

She also spoke about the essential role of women in driving economic development in Vietnam. She stressed the need for greater support and opportunities for women in business and shared best practices from Australia that could be applied to empower Vietnamese women and encourage their active participation in the economic landscape.

Australian Chamber of Commerce in Vietnam (AusCham) is committed to supporting Australian businesses in Vietnam, facilitating and strengthening the bilateral economic relationship. The organization aims to leverage its expertise and network to foster greater collaboration and create a more inclusive and prosperous economic environment for both countries. AusCham is also actively working to promote women's engagement in business, believing that their participation is crucial to achieving a balanced and thriving economy.