Yesterday, AusCham Hanoi Chairman, David Whitehead, attended the VBF (Vietnam Business Forum) Consortium meeting in Hanoi at 2pm. Nearly all Business Chambers were represented.

The proposal is to continue the VBF for another two years and for the following
arrangements to apply:

  • There will be now be 4 Consortium Members: KoCham will join AmCham, EuroCham and the VCCI. Each Consortium member will pay an annual fee of $17,500 (for the previous three Consortium members it was $20,000 each).
  • Associate members (AusCham is one of 12 members) will pay $2,500 per year (previously it was $2,000).

This proposal will be circulated to members for formal agreement together with a revised VBF MOU for consideration within the next week.