Annual Vietnam Business Forum
Hanoi, Friday, 5th December 2011

Presented by
Brian O’Reilly
Vice Chairman: AusCham HCMC
Chairman: AusCham’s VBF committee

Introduction

Honourable Ministers, Ambassadors, Consuls, Ladies and Gentlemen, on behalf of the members of the Australian Chamber of Commerce in Vietnam (AusCham) we would like to thank the Vietnamese Government and the IFC for facilitating this integral and ongoing dialogue with the business community. We, as in the past, welcome the opportunity to contribute to the VBF.The Australian business community is proud of its contribution to Vietnam’s economic development and through this forum would like to encourage new initiatives to further increase growth in the Vietnamese economy.

The areas that we are discussing today are as follows:

  • Education and Training;
  • Taxation; and
  • Mining.
Education and Training

Australia is a leading study destination for self-funded Vietnamese students and Australia collaborates on many education and training initiatives with Vietnam, including policy dialogue in areas such as quality assurance, qualification recognition and vocational education; facilitating institution-to-institution partnerships; and supporting vibrant Australian alumni associations. Australia is also the largest provider of full scholarships to Vietnam.

AusCham believes that education is fundamental to the development of a productive, competitive, innovative and sustainable economy. A robust education system will not only provide Vietnam with the human capital necessary to foster innovation and encourage economic growth but also increase the capacity of its citizens to obtain a better quality of life and contribute more effectively to general community wellbeing.

There is a growing number of Australian education institutions offering courses in Vietnam, most of which work in partnership with local institutions. Given Australia’s international reputation for high quality, affordable education we hope that this trend will continue well into the future. However, there are a number of concerns that Australian educational Institutions have in regarding to being able to operate effectively in Vietnam.

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