1. business and industrial

The Australian Chamber of Commerce
(Hanoi & HCMC Chapters)
AGM Agenda 2015
1. President’s / Vice President’s report on 2014 incl. the minutes of the AGMs
(Hanoi and HCMC) dated 26 March 2014.
2. President’s / Vice President’s report on 2015 incl. the establishment of
business working group
3. Treasurer’s report on financial position for year ended 31 December ,2014
and proposed budget for year ended 31 December, 2015
4. Recommendation to approve the amended Charter, dated 24 March, 2015
5. Election of the 2015 National Board
6. Appointment of an auditor for 2015
7. Other business
President’s / Vice President’s Welcome
Introduction of Board and Staff
Our National Sponsors 2015
•
•
•
•
Platinum:
Titanium:
Silver:
Bronze:
ANZ Vietnam
RMIT University Vietnam, KPMG Limited
QBE Insurance
EY Vietnam, Commonwealth Bank, Platinum Global,
Australian International School (AIS), Allens Linklaters, The
Alfresco’s Group, Institute of Public Accountants (IPA) and
VGAC
Other Stakeholders
• Australian Embassy
• Austrade
1. President’s / Vice President’s
2014 Report
2014 Highlights, Pt I
•
Establishment of a National Board in emphatic fashion in both chapters
• Also held events in Hoi An, Danang and Nha Trang. Now we have events
scheduled in Vung Tau and Hue
•
Hanoi office reopened with Ms Hang, supported with an intern
•
3 new replacement staff in HCMC all Australian Alumni
•
Establishment of Annual events that can build their own history; and the Fireside Chat
now has its own branding
•
2nd Annual Real Estate Symposium in HCMC expanded to Hanoi. Generated
sponsorship revenue and media coverage for the first time
•
With KiwiCham, launched Inaugural Great ANZAC Debate in HCMC. Combined with
other ANZAC events in April, raises Australian and NZ profile
2014 Highlights, Pt II
•
Annual Balls, which lost money in 2013, were not brought back in 2014
•
•
In HCMC, Saigon Melbourne Cup was introduced and made a modest profit.
Secured cash sponsorship from Australia, generated publicity in media, raised the
profile of Australia. Will be held again this year.
In Hanoi, the group, Aussie Oi, will host an “Australiana Ball” on 18 April which
AusCham has offered to help promote.
• 2nd Annual Golf Scramble in HCMC which attracted a major hole in one prize (a
Harley Davidson) and media coverage. Also tried a golf day in Hanoi with modest
success
• Held AusCham’s first roundtable with CEOs and HR Directors
• Secured a two year Titanium sponsorship deal with RMIT University Vietnam
2014 Highlights, Pt III
• Introduced the Inaugural AusCham RMIT Executive MBA Scholarship which is
only open to AusCham members
• Held the Inaugural Higher Australian Education to Employment Fair in HCMC
• Launched the Welcome Back Aussie Alumni events that were held simultaneously
in 4 cities - Hanoi, Danang, Nha Trang and HCMC
• Expanding reach into Australia through universities (potential members and
sponsors)
• Introduced factory visits through our member, Vietnam Supply Chain
• Launched two special purpose websites for annual events (Saigon Melbourne
Cup and Welcome Back Aussie Alumni) and new AusCham website has just gone
live
Advocacy
• Vietnam Business Forum (VBF) – Associate Member
• Advisory Council of Administrative Procedures Council (ACAPR)
• Vietnam Integrity Alliance
• Papers from these various groups are now more effectively shared
via AusCham’s new website.
2014 Business Briefings, Pt I
2014 Business Briefings, Pt II
• Sundowners was held monthly in Hanoi and HCMC
• Most months, Sundowners was held in either Hoi An or Danang
• A new format to promote members in a particular sector as well as an
NGO of the month was trialled at Sundowners with modest success
2014 Fundraising for Charity
• Heartbeat Vietnam was the 2014 recipient of
AusCham’s Charity Funds which totalled $7,634
• Through matching funding arrangements, Heartbeat
Vietnam is able to reduce the $3,300 cost of lifesaving heart surgery to just $1,000 for donors like
AusCham
FUNDS RAISED
• $2,069 – 2014 AusCham Scramble, HCMC
• $5,565 – 2014 Tabcorp Saigon Melbourne Cup
• $7,634
Thank you to Corporate Sponsors 2014
Thank you to non renewing sponsors in 2014:
• Santa Fe (Gold)
• Interflour (Titanium)
• European International School (Silver)
• The Al Fresco’s Group (Bronze) (current agreement expires 31 March, 2015)
2. President’s / Vice President’s
2015 Report
Business Activities 2015
Do you have a great speaker? An important business topic? Share it with AusCham.
Business Working Group, 2015
AusCham is looking to introduce a Business Working Group from the following list
with priority being given to those groups generating the most active interest.
Pick the low hanging fruit!
• Business Connect – By using modern platforms such as LinkedIn
• Government Connect – With Australian government, Austrade, visiting dignitaries
etc.
• Mentor Program – Includes a database of experienced, relevant business savvy
people in Vietnam
• Alumni Program - Involve Alumni in business working groups
• Intern Program - For Australian businesses wanting to more effectively engage with
Asia
• ASEAN & Asia Networking – Better promote and engage with Australia Business Asia
• Information – Review and update information provided on website
• Referrals – Review current system to increase efficiency and effectiveness.
• Gateway to ASEAN – Operating in Vietnam could be seen as a great gateway to the
rest of ASEAN (and Asia).
Corporate/SME Members: 2011-15
(Does not include NGOs (15), Individuals (25), Honourary (10) or Alumni (62) )
Month
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Grand Total
2011
48
33
27
10
16
7
6
4
7
2
2
9
171
2012
27
31
22
27
19
8
5
2
3
5
4
4
157
2013
23
32
32
16
20
6
2
5
8
1
4
1
150
2014
27
46
30
19
15
8
4
6
3
3
1
5
167
2015
17
30
40
18
11
116
Market remains tight. Have introduced rolling 12 month membership.
Thank you to Corporate Sponsors
2015
•
•
•
RMIT University Vietnam upgraded from Bronze to a Two Year Titanium Sponsorship
Introduced the Inaugural AusCham RMIT Executive MBA Scholarship
Secured IPA as a sponsor from outside Vietnam, broadening the sponsorship base
Growing Corporate Sponsors and
Members in 2015
Sponsorship market is still tight in Vietnam
• Seeking sponsorship revenue from outside Australia eg IPA,
“Tabcorp” (event sponsor at Saigon Melbourne Cup) and
universities
• Grooming Australian Business Alumni market for employers
increases level of interest of companies in Vietnam to also include
HR Managers
• Attracting interest and networks of Australian Business Alumni
increases chances of recruiting more sponsors and members
• AusCham’s reach is spreading across Vietnam and into Australia.
Also regionally.
Updated 2015 Charity Policy
At its meeting on 10 March, 2015, the Board resolved to update the criteria for selecting
beneficiaries under its Charity Policy to fund sustainable (where appropriate) charitable
projects that aim to alleviate poverty, raise living standards, create opportunities or
provide crisis relief in affected communities.
Charitable projects should meet the following criteria:
•
•
•
•
They have an Australian connection or are a Vietnamese NGO
They are sustainable (focus on investment rather than expenditure)
They are grass roots
They are operated by charities with administrations that are voluntary or consume
less than 15 per cent of revenue
• They do not receive large corporate funding and their funding requirements are
similar, or less, to the funding already being generated
• Preferably, not be aligned with or represented as corporate CSR programs
3. Treasurer’s Report
Profit & Loss: 2014 Vs 2013
2014
$11,309
2013
$(25,994)
Treasurer’s National Report 2014/15
2013 actual
Audited
VNDK
6,277,352
6,965,541
688,189
2014 actual
Audited
VNDK
5,891,229
5,648,981
242,248
Total assets
3,180,726
3,094,351
Total liabilities
1,623,489
1,294,866
Equity
Opening balance
Current year earnings
1,557,237
2,245,426
688,189
1,799,485
1,557,237
242,248
Total equity and liabilities
3,180,726
3,094,351
Ending cash balance
2,984,469
2,917,979
Revenue
Expense
Surplus/ (Deficit)
Exchange rate USD/VND
-
21130
2014 Plan
2015 Plan
VND
7,096,743
6,979,942
116,801
VNDK
6,202,225
5,864,014
338,211
2,949,529
3,329,414
21420
4. Recommendation to approve
amended Charter
Details of proposed change to charter
The proposed changes to the current Charter dated 24 March
2014 are designed to:
• Restore voting rights to Vietnam-resident honourary lifetime
members
• Introduce two new classes of membership; namely SME Voting
Membership and SME Associate Non Voting Membership for
eligible organisations with less than 20 employees; and
• Address certain other minor points aimed at improving
consistency and clarity.
City
Total No.
Voting
Members
Min. No.
Two thirds majority - in
req’d
both Chapters - must
(25% hurdle)
support proposal
Hanoi
47
12
Yes / No
HCMC
180
45
Yes / No
Proposed Charter
Approved?
Yes / No
5. Election of a 2015 National
Board
5. “Cam on” to 2014 National Board
HCMC– Current Directors
Hanoi – Current Directors
1.
2.
3.
4.
5.
6.
7.
8.
9.
1.
2.
3.
4.
Brian O’Reilly - President
Tran Thi Thuy Ha – Treasurer
Jamie Rossall – Secretary
Chau Ta
Shane Dillon
Carl Gay
Greg Ohan
David Robinson
Sean Reilly (ex officio)
Resigned during year
1. Tareq Muhmood
2. Chris Butler
3. Khoa Pham
5.
Giles Cooper – Vice President
Adam McDonald
David Carter
Stephanie Ralainarivo (will not
stand for re-election)
Claire Ireland (ex officio)
Resigned during year
1. David Whitehead
2. Angela Pickett (ex officio)
3. Alison Keys (ex officio)
AusCham thanks all Board members for their dedicated service.
Nominees for 2015 Board
HCMC - Nominations
Hanoi – Nominations
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
1.
2.
3.
4.
5.
Brian O’Reilly
Tran Thi Thuy Ha
Jamie Rossall
Chau Ta
Shane Dillon
Carl Gay
Greg Ohan
David Robinson
Jesse O’Brien
Kent Wong
Rod Quinton
Minh Duong
Giles Cooper
Adam McDonald
David Carter
Tori Dixon-Whittle
Phillip Dowler
Required: 8 Directors from HCMC and 4 Directors from Hanoi
AusCham expects to announce the result at the end of the AGM.
6. Appointment of auditors
6. Appointment of auditors
KPMG Limited was reappointed as the Official Auditors at the
previous AGM in March 2014, as part of its sponsorship
package.
• The financial statements for 2014 have been received
• KPMG is AusCham’s Titanium Sponsor in 2015
• It is recommended that KPMG be reappointed as auditors
for 2015 as part its sponsorship package
7. Other Business / Q&A