Honouring Traditions, Embracing Growth
Honouring Traditions
Embracing Growth
Dear BritCham member,
Following this year’s AGM I have the honour and privilege of being elected as the Chairman of BritCham Vietnam.
As the chamber looks forward to the forthcoming year, we do so as the bilateral relationship between the UK and Vietnam goes from strength to strength. The chamber also stands in good stead and I thank the outgoing Chairman, Chris Jeffery, for his significant contribution over the last year.
Bilateral trade between the UK and Vietnam has doubled in the last ten years to approximately GBP 6 billion in 2023. This has been supported by the UK-Vietnam Free Trade Agreement (UKVFTA) and is expected to increase further following the UK’s imminent accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
BritCham members are integral to the continued development of economic, trade and personal ties between the UK and Vietnam. In turn, supporting the business activity of our members is a key mission of the chamber. Recognising that a sector focus is an effective means of delivering this support, we established working groups for both education and energy in 2023. In 2024, we plan to establish additional working groups with respect to investment, trade and manufacturing, professional services and ESG.
Alongside, and in conjunction with the working groups, the chamber will continue to advocate for British businesses in Vietnam, through established forums such as the Vietnam Business Forum (VBF) and with key partners, including the British Consulate in HCMC and the British Embassy in Hanoi.
Through participation in the working groups and alignment with trade initiatives the chamber has recently enhanced its engagement with the UK Department of Business and Trade. We hope to expand those links regionally and in the UK, in parallel to further developing relationships with, among others, the UK ASEAN Business Council, UK Vietnam Network and Britain in SE Asia (BISEA).
Over the course of the next year I look forward to providing members with a monthly update on chamber activity and key developments. I also look forward to the prospect of meeting with you personally in Hanoi or HCMC. Please do not hesitate to contact me if there are any issues in respect of which the chamber can assist with or if you would like to meet. My contact email is denzel.eades@pioneer-pic.com.
Thank you for your continued support and engagement with the chamber.
Yours sincerely
Denzel Eades
BritCham Vietnam was the first Foreign Business Group licensed in Vietnam, in 1998. Today, as part of the global network of British Chambers of Commerce, we are a vibrant community of over 500 members, renowned for excellence and innovation.
Our dynamic and professional team is dedicated to promoting our members’ business interests in Vietnam through a variety of business, advocacy, social and charity events and initiatives.
Our sector focus approach through our member led working groups also allows us to drill down on the detail, opportunities and challenges that our members are facing.
Looking ahead, BritCham Vietnam is committed to expanding our support for our members, adding value and strengthening our influence in the UK-Vietnam business network. Join us and be part of this exciting journey!
BritCham Vietnam is dedicated to fostering robust trade ties between British and Vietnamese companies. Our bespoke trade services are designed to help UK businesses quickly establish themselves in Vietnam, whether this is through exports or their supply chain or manufacturing. We can help you to identify commercial and investment opportunities, grow exports and expand your operations.
We produce quarterly sector reports to keep you updated on the development of the market in Vietnam and facilitate trade missions and b2b meetings between UK and Vietnamese companies providing a perfect platform for beginning of consolidating business relationships.
Whether it is sourcing a supplier, partner, customer or distributor, getting business licenses, finding property we can facilitate and be your boots on the ground.
Our objective is to support UK companies to trade successfully in Vietnam and to foster stronger trade relation and mutually beneficial collaboration between both countries.
The close partnership with the Department for International Trade of UK (DIT) in Vietnam continues to benefit the Business Centre and we now look forward to providing extensive support and trade services to all business sectors in 2020/21 which will allow DIT to concentrate on their high-value work.
Partner search and one-to-one meetings with potential clients, agents/distributors, or outsourcing partners.
Business registration, Site selection, Factory/Office Set-up & Operations support, HR & Financial Management.
A professional business development representative to act locally on behalf of UK companies, strengthen existing engagements with the Vietnam market on a long-term basis and develop further business relationships within the market.
Organise trade missions, product launches, and seminars/workshops.