Vietnamese Entrepreneurs Association in Sydney

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Partnership Agreement between VEAS and YBA

A partnership agreement between VEAS and the Young Business Association of Ho Chi Minh City (YBA) was signed on 2 December 2019 in Ho Chi Minh City

Accordingly, both sides agreed to establish coorperation based on mutual benefits and the development of their members. The purposes of this partner relationship is expanding their network among the business community in Australia and Vietnam, circulating experience in management, running a business by organising forums, creatings communications channels between both sides. 

In order to fulfill the above purposes during the one-year duration of the agreement, VEAS and YBA agreed to:

  • Introduce trade and investment opportunites between Australia and Vietnam to members
  • Organising business delegations to visit each other
  • Invite members of each other to participate in activities of the other association.
  • Exchange and update information between each other.

Representing VEAS to sign this partnership agreement with YBA was Mr Nguyen Ba Luan, President of VEAS. The agreement marked a significant step in external relations of VEAS, expanding the influence of the association to businesses in Vietnam, promoting VEAS as a reliable source of assistance for Vietnamese businesses when reaching overseas. 

With 25 years of history, Young Business Association of Ho Chi Minh City (YBA) is a group of young entrepreneurs in Ho Chi Minh City, established by the Youth Association of Vietnam in Ho Chi Minh City. The organisation is known for uniting young entrepreneurs and managers, regardless of their economic and social statuses, ethnic groups, religions to develop a shared sustainable future of their businesses, at the same time fulfilling the vision of developing the nation as a wealth, strong, equal and civilised society. 

Read more about YBA:

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