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Business Capability Building Workshop 21 July 2017, 10th World Chambers Congress, Pacific Business Forum and other News.

Business Capability Building Workshop Port Vila – Friday 21 July 2017

This is a reminder that Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI) will be conducting a free one day workshop to assist business owners to be successful in Vanuatu and in the future to be able to enter the export market.

Running a business requires many skills and much knowledge and this workshop is aimed at increasing the knowledge and skills of business owners so that they can be successful in Vanuatu and beyond.

This workshop is the first step in a 6 step Pacific Path to Market programme that can provide selected company’s the opportunity to participate in a Trade Mission to New Zealand in March 2018 to look at export opportunities for themselves.   The workshop covers the things that make companies successful and provides a snapshot of the New Zealand market.

The topics are as follows:

  • The attributes of a successful company.
  • The attributes of a successful product.
  • What you should understand about your customers.
  • The power of your packaging and how to use it to your advantage.
  • The NZ market.
  • Managing your supply chain.
  • How to set prices and improve profitability.
  • Tips on selling your products.

If you are wanting to make your business successful in Vanuatu and one day enter the export market, then you should consider attending this workshop.

What:                 Business Capability Building Workshop

When:                Friday 21st July 2017 from 8.30am to 4.30pm

Where:               VCCI Conference Room – please note change of venue

How:                    Register your interest and name with VCCI by phone 27543, mobile 7123967 or by email at [email protected] before Wednesday 19 July 2017

VCCI NOMINEE TO PARTICIPATE TO THE 10th WORLD CHAMBERS CONGRESS IN SYDNEY IN SEPTEMBER 2017

VCCI is looking for a business nominee to attend on its behalf the 10th World Chambers Congress to be held in Sydney, Australia from 19 to 21 September 2017 as a sponsored delegate. Support for the VCCI nominated delegate’s participation is kindly provided by the Australian Department of Foreign Affairs and Trade and the Sydney Business Chamber (SBC, a division of the NSW Business Chamber).   The chamber is offered one single registration to attend the 10th World Chambers Congress with the registration fees complimentary included three days attendance at all congress sessions, 3 lunches, 3 morning and afternoon teas, welcome reception (19 September 2017) and Gala Dinner (21 September 2017).  A contribution is offered towards the chamber’s nominated delegate’s airline travel to the Congress. The VCCI nominee will have to cover his or her remaining airline travel fees, accommodation, meals and other incidentals.

The World Chambers Congress which will be held in Sydney in September this year is the bi-annual gathering of Chambers from around the world. As this congress is presided over by the ICC/WCF in Paris, they use the UN list of Lesser Developed Countries and the Pacific Island Chambers who have registered to use a special LDC funding grant provided by Australia’s Dept. of Foreign Affairs, to cover partial costs for an official of the designated country chamber to attend.

Co-organised by the ICC World Chambers Federation and Sydney Business Chamber, the ICC WCF World Chambers Congress is the premier event of its kind bringing together chamber, business and government figures alike. Now in its 10th edition, this flagship event is much more than just a chamber’s gathering.

With over 1,000 international delegates from over 100 countries and territories, the Congress addresses some of the most significant and current global issues from sustainability and diversity challenges to slowing global trade and digital growth. In convening the globe’s most prominent leaders and brightest minds, we aim to transform the future of business.

Featuring renowned speakers from all over the world, Congress delegates will benefit from first-hand knowledge and diverse perspectives throughout the event’s extensive three-day programme. What’s more, with both formal and informal occasions to develop networks, the Congress is the ideal place to establish institutional ties and promote trade and investment opportunities from attending companies, countries and regions.

The World Chambers gathers an international group of chamber, business and government leaders from over 110 countries. Unrivalled in scale and scope, the congress continues to champion innovation, networking and much more.

REASONS TO ATTEND:

Network: An unparalleled opportunity to connect and strengthen relations with peers from over 110 countries

Knowledge: Gain insight from internationally renowned speakers and experts

Know-how: A unique occasion to share chamber and industry best practices and future trends

For more information about the 10th World Chambers Congress to be held in Sydney, Australia from 19 to 21 September 2017, you can visit the web site http://www.worldchamberscongress.org

If you are interested to attend the event as the VCCI nominee, you can contact VCCI to advise VCCI Reception by phone 27543, mobile 7123967 or by email at [email protected] before Thursday 20 July 2017.

LARGE COMMERCE COUNCILLOR VACANT POSITION IN VCCI COUNCIL

The Vanuatu Chamber of Commerce (VCCI) is looking for a large commerce business to represent the Large Commerce sector in the VCCI Council, as the Large Commerce Councillor.  

If you are interested to submit your candidacy for the Large Commerce Councillor position and wish to receive more information on this vacant position, you can complete and sign a VCCI Councillor Candidacy Form and return it to the VCCI Reception by contacting VCCI Reception by phone 27543, mobile 7123967 or by email at [email protected] before Monday 31 July 2017.

 

 

PACIFIC BUSINESS FORUM IN NEW CALEDONIA 3 TO 4 AUGUST 2017

The Vanuatu Chamber of Commerce and Industry (VCCI) wishes to advise that The Pacific Business Forum (PBF) Team is invited you to join and attend the Pacific Business Forum Genius which will be held in Noumea, New Caledonia the 3rd and 4th of august 2017 at the SPC (Secretariat Pacific Community).

The members of the Vanuatu Chamber of Commerce including business associations and businesses are invited to join this event.   While the first edition was targeting all sectors of activities, PBF 2017 focuses on New Economies and Development Perspectives linked to the knowledge economy, the blue economy and the digital economy.

This event is a unique opportunity to meet with entrepreneurs from all the Pacific area. For this second edition, the Pacific Business Forum guideline is Genius and will focus on the “NIU economy” or how the digital economy can help Pacific Businesses. The PBF Pacific Genius is a source of inspiration for all the participating companies to go faster, further and stronger. Let’s shake together the coconut tree!

Aware of the need to stimulate economic exchanges between the countries of the South Pacific, the CGPME NC (Small and Medium Businesses organisation in New Caledonia) is at the initiative of the Pacific Business Forum, a B2B event aimed to bring together entrepreneurs from all Pacific countries to strengthen trade relations and economic synergies across the Pacific Ocean area.

After the success of the first edition of the PBF in November 2016, which brought together 350 entrepreneurs from 15 countries, the CGPME NC is organizing a new edition of this international event (3-4 August 2017), again in Noumea, New Caledonia. The event will also have the honour to host Mr Idriss ABERKANE as keynote speaker. Mr Idriss Aberkane is a French professor, speaker and essayist, he is well known in the academic media for his writings and lectures on the knowledge economy and neurosciences. Other businesses from all the pacific area will talk about their innovative activity which could become a source of inspiration for Pacific businesses. Start up will be also at the honour during the PBF Genius as emblematic French start up were invited to come and join the Forum in order to meet with participants. Some models are immediately applicable to our businesses; others will be sources of inspiration for «new business». 2 New Caledonian businesses Aqualone and BlueCham will speak about their experience of “start up” and their innovative activity that revolutionizes their sector.

The PBF Genius it’s two days of intensive networking:

  1. Conferences with 1 Keynote speaker,
  2. Don’t miss the keynote speaker and ” 15 minutes” speakers
  3. Several Genius round tables and Business Speed Datings!

The draft programme is under finalisation and will be forwarded to you once it is received.

The participation at the Pacific Business Forum Genius is free of charge.   You can register on the website: https://pacificbusinessforum.com/en/

Some specific agreements have been negotiated with the 2 hotel partners of the PBF Genius, Ramada Hotel and Château Royal located in Noumea. A specific code will be sent to you once you will be registered in order to benefit from a specific fare as an attendee of the PBF Genius.   All the Pacific Business Forum Team is available for any further information and to assist you in the preparation of your participation.

FORUM DU BUSINESS DU PACIFIQUE EN NOUVELLE CALEDONIE DU 3 AU 4 AOUT 2017

La Chambre de Commerce et d’Industrie du Vanuatu (CCIV) souhaiterait vous informer que l’équipe du Forum d’affaires du Pacifique ou Pacific Business Forum (PBF) est ravie de vous inviter à vous joindre et participer au Pacific Business Forum Genius qui se tiendra á Nouméa, Nouvelle-Calédonie, le 3 et 4 août 2017 á la CPS ou la Communauté du Pacifique (Secrétariat de la Communauté du Pacifique).

Les membres et adhérents de la Chambre de Commerce et d’Industrie inclus les associations de business et les entreprises sont invités á se joindre á cet événement.   La thématique du PBF Genius 2017 est Les Nouvelles Economies et les Perspectives de leur Développement.

Après le succès de la première édition de la PBF en novembre 2016, qui a réuni 350 chefs d’entreprises de 15 pays situés dans l’océan Pacifique, la CGPME NC organise une nouvelle édition de cette manifestation internationale (3-4 août 2017), encore une fois à Nouméa, Nouvelle-Calédonie.   Les temps forts de cet évènement sont les suivants: – Rencontre avec Idriss Aberkane, l’invité d’honneur du PBF Genius. Idriss ABERKANE est un chercheur, spécialiste de cerveau, titulaire de plusieurs doctorats, c’est aussi un entrepreneur et un conférencier recherché qui met sa connaissance scientifique au service du développement d’une nouvelle économie : l’économie de la connaissance.

– Témoignage et partage d’expérience avec les sociétés Aqualone et BlueCham Deux sociétés calédoniennes qui viendront parler de leur expérience de « start up » et de leur activité innovante qui révolutionne leur secteur.

– « 15 minutes speakers »

– Genius Tables Tondes (ateliers en petit comité autour d’une thématique ciblée)

– Business Speed Datings

Le programme est en cours de finalisation et nous ne manquerons pas de vous l’adresser une fois que celui-ci sera disponible.

La participation à la Pacific Business Forum Genius est gratuite. Vous pouvez vous inscrire sur le site web https://pacificbusinessforum.com/fr/

Deux hôtels partenaires du PBF Genius auront le plaisir de vous offrir leur service, un tarif spécialement négocié sera appliqué sur les réservations effectuées par les participants du Forum.   Certains accords spécifiques ont été négociés avec les partenaires de l’hôtel, le Ramada Hotel Genius PBF et Château Royal situé à Nouméa. Un code spécifique vous sera envoyé une fois que vous serez inscrit, afin de pouvoir bénéficier d’un tarif spécifique en tant que participant de la PBF Genius.

Toute l’équiped de PBF se tient à votre disposition pour tout complément d’information et pour vous assister dans la préparation de votre participation.

Pacific Business Forum E-mail : [email protected] Website : www.pacificbusinessforum.com Follow us on our social networks Facebook : www.facebook.com/PBFgenius2017 LinkedIn : PacificBusinessForum

Small businesses – high impact

A series of short practical articles on running successful and profitable small to medium size businesses. Today we focus on the roots of the tree – planning, systems and processes.   Imagine your business as a tree   The roots of the tree are its system for keeping it healthy and growing well.  If the roots are weak or ill formed then the tree will not flourish. The roots are the tree’s guidance system – it’s map for prosperous growth. That is the same for our business. Many business owners see business planning as tedious, boring, bureaucratic, nothing to do with real work.  Yet we all plan – going shopping, going on a journey, getting married, planning a family event and buying a new car. Builders, plumbers and electricians work to plans – sometimes drawn up by themselves, sometimes by others. Plans keep us on track, they help us estimate costs, and they are the map of the process that we are engaged in. They help us measure progress.

A good business plan is just that – a map of your business which helps you get from where you are now to where you want to be.  It is not something we write for others. It is an essential business tool.  It should be clear, interesting, and relevant. We should review it regularly (at least monthly) and share it with others (staff, partners and even customers). A map is no good if it has too much detail or if it lacks relevant information or if we cannot read or understand it.  The same is true for your business plan – keep it simple and short!  It should be a living document that is in regular use. It is a central reference point for all the information relating to your business. It must be versatile and flexible.   A business plan can be the key to working smarter, not harder.  A good business plan will

  • Keep you looking to the future and motivate you to achieve the results you want
  • Help you step outside of our business, viewing opportunities objectively
  • Enable you to recognise the problems that may call for outside advice and assistance
  • Help you recognise change in markets and consumer needs
  • Plan your business growth and help you manage your financial capacity
  • Be a useful marketing tool for anyone who wants to join or support your business

Here are a few tips to creating a map for your business:

  • it yourself
  • your staff/ partners
  • Start with your vision – why are you in business – what are your main goals – what drives you?
  • Clarify your mission – what the business does, where it does it and who does it do it for.
  • You will set yourselves goals that are all designed to help you move forward and make progress. You are likely to have short term goals (up to a year), medium term and longer term goals (5yrs+)
  • the current state of your business – do this by getting feedback from staff, suppliers, customers; review your financial information; do a SWOT and PEST analysis frequently; keep an eye on your competitors.

– strengths, weaknesses, opportunities, threats.  This is a simple tool to assess your business from the inside and is a great way to involve your people – ask their views.

– political, economic/ environmental, social, technology.  This tool helps us assess the external business environment that we operate in.

  • Development/ action plan – this is a series of prioritised steps that is designed to help you move from where you are to where you want to get to.  This will include actions to do with marketing, sales, operations, services, and people.
  •   A simple financial plan to support your development plan – a budget and cash flow.
  • An executive summary – a one page plan that you can easily review every day and give to others if necessary.

Many business people don’t plan because they are not sure of what to do, they lack confidence or they can’t see the point.  If you feel like that then ask for help – contact your local Chamber of Commerce for their assistance. Having a good plan that is well used can make the difference between a business being the best it can be or remaining unfulfilled and mediocre.  The difference between a strong, healthy, long-lived tree and a weak, sickly one that easily succumbs to pressure!

Coming next – small businesses – high impact part ten – seeds – ideas and new life for the business.

Chris Elphick is Director of Vanuatu-based Learn.fast Pacific, supporting the development of a range of businesses and organisations in Vanuatu, Fiji, Solomon’s Islands and other Pacific countries.  He is an experienced business mentor and has years of experience of working with Small & Medium Enterprises.  Learnfast Pacific works in close association with business support organisations including Chambers of Commerce and Industry throughout the Pacific. If you have a business issue for Chris to comment on or you want copies of other articles please contact him at [email protected]

 

New Caledonia Economic Mission in Port Vila 12-14 July at Convention Center from 1-5pm and Other News for this Month.

New Caledonia Economic Mission in Port Vila 12-14 July 2017

 

The Economic Mission of New Caledonia Trade and Invest (NCTI) will take place in Port Vila, Vanuatu in July 2017. The New Caledonia Economic Delegation will be in Vanuatu from 12 to 14 July 2017. Led by the New Caledonia Trade and Invest, the New Caledonia Delegation includes the New Caledonia Trade and Invest, New Caledonia Industries Federation (FINC), New Caledonia Chamber of Commerce and Industry, New Caledonia businesses and New Caledonia Government representatives.

The program of the Economic Mission will start with field visits and economic meetings on 12 July 2017. On Thursday 13 July 2017, there will be a conference and presentation on the business opportunities in Vanuatu and New Caledonia at the Convention Centre in the morning followed by a workshop and brief meetings between Vanuatu and New Caledonia businesses in the afternoon. The Vanuatu Investment Promotion, VCCI, Vanuatu businesses such as ANZ, AJC, Caillard Kaddour, MSG, other banks and VAN2017 organisation of mini games in the Pacific, will introduce the opportunities of the markets in Vanuatu to the New Caledonia entrepreneurs. Then the New Caledonia Trade and Invest, Federation of Industries of New Caledonia (FINC), and Chamber of Commerce and Industry of New Caledonia will present the opportunities of the markets in New Caledonia to the Vanuatu entrepreneurs.

The workshop will allow New Caledonian entrepreneurs to better understand the opportunities of markets in Vanuatu and its access. A meeting space will be dedicated to the economic exchanges between the different entrepreneurs.

If you operate a business in any sectors, Infrastructure and Construction, Manufacturing, Information Communications and Technology, Tourism, Agriculture, including the productive sector and services sector, and you want to know more about the New Caledonian markets and would like to meet and talk with New Caledonia businessmen and business women, you are invited to attend the meeting with New Caledonia Entrepreneurs on Thursday 13 July 2017 from 1pm to 5pm at the Convention Centre.

To register your name and confirm your attendance to this meeting, please contact VCCI Reception by email at [email protected] and by phone on 27543, mobile 7123967.

 

Green Climate Fund Pacific Regional Structured Dialogue 18 to 21 July 2017

The Green Climate Fund (GCF) regional office is organizing a regional dialogue from 18 to 21 July 2017 at the Tanoa Hotel, in Nuku’alofa, Tonga. Earlier this week, the Forum Secretariat was approached to identify businesses from the private sector to attend. The Dialogue agenda is designed in 2 parts – (1) at the political level with Pacific Leaders and/or Ministers and (2) at the practical level with Civil Society Organisations and private sector.

 

If you are a business engaged in whole or in part in renewable energy, climate change mitigation efforts or adaption efforts in any industry – this meeting will be useful to learn more about how GCF can finance private sector projects relating to climate change mitigation, resilience and adaptation at all levels. If you are a private sector collective, association or council, please pass this on to your members for their information and expression of interest to attend. The GCF uses flexible financial instruments including debt, equity and guarantees combined with concessional funding to promote private sector investment initiatives in clean energy, climate resilience etc, such as Early Warning Systems and Telecommunications, Insurance providers, Power Producers and/or utilities, hard infrastructure and more.

 

The goal of the meeting is to enhance the Pacific Islands’ engagement with the GCF to deliver upon Pacific Island Country low carbon – high resilience development goals.

 

The Programme will focus on:

 

  1. Increasing understanding of the GCF and the opportunities for the Pacific Island countries.

 

  1. Further developing the Pacific Island Roadmap for engagement with the GCF. How is the Pacific progressing as a region? Identification of common regional goals. Pacific coordination and the role of regional agencies.

 

  1. Progressing country programming – moving from a brief to a full GCF Country Programme (CP), providing clarity on the role of an Entity Work Plan (EWP) and how it relates to CPs and

providing information on the role of an National Designated Authority (NDA) in coordinating CPs and EWPs.

 

  1. Increasing the understanding of the roles of different stakeholders in the GCF process (NDAs, Accredited Entities, private sector, civil society, development partners and others).

 

  1. Enhancing private sector engagement in the Pacific.

 

  1. Increasing understanding of what happens after approval (ie addressing conditions, Accreditation Master Agreements, Funded Activity Agreements)

 

  1. Sharing best practices, including institutional strengthening, no-objection procedures.

 

The GCF has indicated their willingness to fund private sector participation for 2 nominees. If you are interested to attend this meeting and represent the Vanuatu Chamber of Commerce and Industry, please contact VCCI Reception now by email at [email protected] or by phone on 27543, mob 7123697 to sign up before Wednesday 13 July 2017.

 

Sydney International Jewellery Fair 2017

This is a reminder that the event of Sydney International Jewellery Fair 2017 will take place from 26 to 28 August 2017 in Sydney. The Pacific Trade Invest (PTI) Australia has secured a stand to showcase jewellery from the Pacific Island. The event is scheduled from Saturday 26 August to Monday 28 August 2017 at the International Convention Centre, in Darling Harbour, Sydney, Australia.

PTI Australia will meet the trade show exhibition stand costs. Successful applicants will be required to pay for return airfares to Australia, accommodation, meals and other incidental costs while in Australia for the exhibition costs and logistics for sample transportation. They will provide feedback on the exhibition. PTI Australia will provide the applicants with a letter of support if required.

Applications to be part of the PTI Australia stand and exhibit at the Sydney International Jewellery Fair 2017, Australia’s number one jewellery event, will close on Friday, 14 July 2017.

For more information to register your participation, you can check the following link on the PT& I Australia website, https://pacifictradeinvest.com/export/sydney-international-jewellery-fair-2017.

 

Business Capability Building Workshop Port Vila – Friday 21 July 2017

This is a reminder that Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI) will be conducting a free one day workshop to assist business owners to be successful in Vanuatu and in the future to be able to enter the export market.

 

Running a business requires many skills and much knowledge and this workshop is aimed at increasing the knowledge and skills of business owners so that they can be successful in Vanuatu and beyond.

 

This workshop is the first step in a 6 step Pacific Path to Market programme that can provide selected company’s the opportunity to participate in a Trade Mission to New Zealand in March 2018 to look at export opportunities for themselves.

 

The workshop covers the things that make companies successful and provides a snapshot of the New Zealand market. The topics are as follows:

 

  • The attributes of a successful company.
  • The attributes of a successful product.
  • What you should understand about your customers.
  • The power of your packaging and how to use it to your advantage.
  • The NZ market.
  • Managing your supply chain.
  • How to set prices and improve profitability.
  • Tips on selling your products.

If you are wanting to make your business successful in Vanuatu and one day enter the export market, then you should consider attending this workshop.

 

What:                         Business Capability Building Workshop

When:                      Friday 21st July 2017 from 8.30am to 4.30pm

Where:                     Melanesian Hotel

How:                         Register your interest and name with VCCI by phone 27543 or by email at [email protected]

 

Vanuatu Business Resilience Committee

 

Vanuatu business leaders, civil society, UN and Government partners came together on Thursday 6 July, to officially launch the Vanuatu Business Resilience Committee (VBRC), a significant step towards meaningfully engaging the private sector in the Government’s climate change and disaster preparedness, response and recovery activities.

The formation of the VBRC reflects the reality that the consequences of climate change and disasters are experienced by all sectors of Vanuatu society, private and public, and that all sectors have a role to play in responding to climate change and engaging in disaster risk management. It is envisioned that this new body will serve as forum for dialogue and enabling key actors involved in climate change and disaster risk management activities to act collectively. 

Tropical Cyclone Pam demonstrated the integral role the private sector plays in both the immediate response and recovery of communities across the country from climate-related disasters. As the impacts of climate change and natural disasters are expected to continue increasing in severity, it is critical for the private sector to make risk informed decisions and investments that limit their own losses from disasters, improve business continuity and mitigate future risks. 

The event was attended by Vanuatu business leaders from a range of industries, including telecommunications, banking, transport, logistics, manufacturing, agriculture, and other sectors. The inclusion of companies of varying sizes, from large multinational companies to small and medium-sized enterprises (SMEs), will help the VBRC be representative of Vanuatu’s diverse private sector landscape. Featured speakers included a representative from the Fiji Business Disaster Resilience Council, Mr Leonard Chan of BSP Fiji, a similar initiative launched last year following Tropical Cyclone Winston in conjunction with international development partners at the World Humanitarian Summit. 

The newly established committee is supported through the Vanuatu Chamber of Commerce and Industry (VCCI), National Disaster Management Office (NDMO), DFAT/GIZ Climate Finance Readiness for the Pacific Programme, DFAT Connecting Business Initiative, UNDP Pacific Risk Resilience Programme and DFAT Local Supplier Engagement Project. 

If your business is interested in learning more about how they can become involved in the new VBRC initiative to be ready before the next cyclone season in November 2017, you can contact VCCI by email at [email protected] or by phone on 27543, mobile 7123697.

Vanuatu Business Resilience Committee 6 July 2017, New Caledonia Economic Mission in Port Vila, Sydney International Jewelry Fair and Other News

VANUATU BUSINESS RESILIENCE COMMITTEE 6 July 2017

This is a reminder that the Vanuatu Chamber of Commerce and Industry (VCCI) is pleased to announce the formation of the Vanuatu Business Resilience Committee (VBRC). The VBRC will serve as a coordinating mechanism for the government to effectively engage with the private sector to build resilience to disasters and climate change. With support from the DFAT Connecting Business Initiative, UNDP Pacific Risk Resilience Program, DFAT Local Supplier Engagement Project, and DFAT/GIZ Climate Finance Readiness for the Pacific Project, the VBRC will help strengthen the private sector through:

  • Establishing a clear entry point for the private sector to participate and engage within the climate change and disaster risk reduction sectors
  • Providing a regular forum for dialogue and collaboration between the public and private sector, especially in regards to climate change issues, disaster risk reduction, emergency preparedness, response and recovery
  • Raising awareness among the private sector about climate change and disaster risk management
  • Strengthening resilience of businesses, particularly small and medium enterprises through capacity building programs to help withstand and recover from shocks, including business continuity planning
  • Formalizing involvement within official national disaster management and climate change planning, policies and processes, helping strengthen the linkage and coordination between the public and private sector
  • Identification of private sector capabilities, interests and needs as it relates to climate change and disaster risk management, especially in accessing climate finance
  • Sharing of best practices and successful case studies, helping inform future Public Private Partnership initiatives
  • Assisting businesses in securing business continuity preparedness training and resources through appropriate climate finance resources, including through international organizations.

Vanuatu private sector businesses, including but not limited to the key sectors of banking, insurance, infrastructure and construction, tourism, food and agriculture, telecommunications, logistics, and transport are invited to attend the official launch of the Vanuatu Business Resilience Committee on Thursday, 6 July 2017 from 5pm to 7pm, at Holiday Inn Resort.

We look forward to facilitating an interactive discussion with various private sector businesses to discuss how the new VBRC may assist with resilience building activities, ideas for entry points for engagement in humanitarian responses, and the challenges currently being faced. Please contact VCCI Reception by phone on 27543, mobile 7123967 or by email [email protected] for more information.

 

New Caledonia Economic Mission in Port Vila 12-14 July 2017

The Economic Mission of New Caledonia Trade and Invest (NCTI) will take place in Port Vila, Vanuatu in July 2017. The New Caledonia Economic Delegation will be in Vanuatu from 12 to 14 July 2017.

It is led by the New Caledonia Trade and Invest and it includes the Federation of Industries of New Caledonia (FINC), Chamber of Commerce and Industry of New Caledonia, New Caledonia businesses and New Caledonia Government representatives. The program of the Economic Mission will start with field visits and economic meetings on 12 July 2017. On Thursday 13 July 2017, there will be a conference and presentation on the business opportunities in Vanuatu and New Caledonia at the Convention Centre in the morning followed by a workshop and brief meetings between Vanuatu and New Caledonia businesses in the afternoon.

The Vanuatu Investment Promotion, VCCI, Vanuatu businesses such as ANZ, AJC, Caillard Kaddour, and VAN2017 organisation of mini games in the Pacific, will introduce the opportunities of the markets in Vanuatu to the New Caledonia entrepreneurs. Then the New Caledonia Trade and Invest, Federation of Industries of New Caledonia (FINC), and Chamber of Commerce and Industry of New Caledonia will present the opportunities of the markets in New Caledonia to the Vanuatu entrepreneurs. The workshop will allow New Caledonian entrepreneurs to better understand the opportunities of markets in Vanuatu and its access.

A meeting space will be dedicated to the economic exchanges between the different entrepreneurs. If you operate a business in any sectors, Infrastructure and Construction, Manufacturing, Information Communications and Technology, Tourism, Agriculture, including the productive sector and services sector, and you want to know more about the New Caledonian markets and would like to meet and talk with New Caledonia businessmen and business women, you are invited to attend the meeting with New Caledonia Entrepreneurs on Thursday 13 July 2017 from 1pm to 5pm at the Convention Centre.

To register your name and confirm your attendance to this meeting, please contact VCCI Reception by phone on 27543, mobile 7123967 and by email at [email protected]

 

Sydney International Jewellery Fair 2017

The event of Sydney International Jewellery Fair 2017 will take place from 26 to 28 August 2017 in Sydney. The Pacific Trade Invest (PTI) Australia has secured a stand to showcase jewellery from the Pacific Island. The event is scheduled from Saturday 26 August to Monday 28 August 2017 at the International Convention Centre, in Darling Harbour, Sydney, Australia. PTI Australia will meet the trade show exhibition stand costs.

Successful applicants will be required to pay for return airfares to Australia, accommodation, meals and other incidental costs while in Australia for the exhibition costs and logistics for sample transportation. They will provide feedback on the exhibition. PTI Australia will provide the applicants with a letter of support if required.

Applications to be part of the PTI Australia stand and exhibit at the Sydney International Jewellery Fair 2017, Australia’s number one jewellery event, will close on Friday, 14 July 2017.

For more information to register your participation, you can check the following link on the PT& I Australia website, https://pacifictradeinvest.com/export/sydney-international-jewellery-fair-2017

 

Business Capability Building Workshop Port Vila Friday 21 July 2017

Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI), will be conducting a free one day workshop to assist business owners to be successful in Vanuatu and in the future to be able to enter the export market.   Running a business requires many skills and much knowledge and this workshop is aimed at increasing the knowledge and skills of business owners so that they can be successful in Vanuatu and beyond.

This workshop is the first step in a 6 step Pacific Path to Market programme that can provide selected company’s the opportunity to participate in a Trade Mission to New Zealand in March 2018 to look at export opportunities for themselves.   The workshop covers the things that make companies successful and provides a snapshot of the New Zealand market. The topics are as follows:

  • The attributes of a successful company.
  • The attributes of a successful product.
  • What you should understand about your customers.
  • The power of your packaging and how to use it to your advantage.
  • The NZ market.
  • Managing your supply chain.
  • How to set prices and improve profitability.
  • Tips on selling your products.

If you are wanting to make your business successful in Vanuatu and one day enter the export market, then you should consider attending this workshop.

What:    Business Capability Building Workshop

When:   Friday 21st July 2017 from 8.30am to 4.30pm

Where:  Melanesian Hotel

How:    Register your interest and name with VCCI by phone 27543, mobile 7123967 or by email at [email protected]

Business Networking, Silicon Valley Meeting, Export Promotion Strategy / Marketing Strategy Training & Other News

BUSINESS NETWORKING WITH NOMAD CAPITALIST 27 JUNE 2017

Vanuatu Chamber of Commerce and Industry (VCCI) wish to advise that AJC (Assistance Juridique et Comptabilité) together with Pacific Private Bank, are inviting you to drinks and the networking session at the Banyan Bar on Tuesday 27 June 2017 at 4:30pm.

In addition to half price drinks, they will also be joined by Mr Andrew Henderson, owner of Nomad Capitalist advisory firm of United States, who will share his experience and insights on the best countries for expat living.   Mr Andrew Henderson started out as an entrepreneur from United States, and is now an Independent Tax, Residency & Banking Consultant. He travels to 15-20 countries per year and writes reviews on Taxation, Company Incorporation, Second Passport Schemes, Banking and General Wellbeing. He advises individuals on best countries to live in. Webpage reach of 2m per year, 15k vlog subscribers on YouTube http://nomadcapitalist.com/

You will have an opportunity to promote Vanuatu, hear more about global trends and network with fellow Nomads in Port Vila.   Looking forward to seeing you there!   For other inquiries, please do contact Martin St-Hilaire, Managing Partner, AJC on M +678 77 44 500 T +678 24 404 and email: [email protected]

 

Special Request for Attendance by Silicon Valley’s “Unofficial Emissary” Paul Bragiel

Paul Bragiel, known as the “Unofficial Emissary of Silicon Valley”, is on an extensive global goodwill tour in an effort to harmonize expanding networks of technical and financial thought leadership.  Concurrently, Team Paul is searching for untapped exponential opportunities that may otherwise be overlooked in remote geographic locations.    Mr. Bragiel would greatly appreciate an audience with the VCCI as a means of stimulating new relationships and opportunities with some of the best cyber-connected islands in the Pacific.    Vanuatu’s committed investment into the Southern Cross Cable Network has been noticed by Silicon Valley. Mr. Bragiel believes there to be a high degree of underutilized – or not yet discovered – talent and capabilities within Vanuatu.  Paul is currently advising the governments of Colombia, Singapore, Estonia and Tanzania on matters of technology, finance and entrepreneurship policy and hopes to extend such advisement to the various applicable components within Vanuatu’s eco-system.

When / Where –   UPDATE: Mr. Paul Bragiel is currently scheduled to be in Vanuatu from 28 to 30 June 2017.   

What – Mr. Bragiel would enjoy the opportunity to meet with Vanuatu’s business industry captains, start-up figures, prominent families and CEO/Owners of banks, insurance and financial institutions. He has offered to host (where appropriate to offer) senior members of the VCCI in order to foster a meaningful gathering of Vanuatu’s “Who’s Who” and decision makers.

Who / Bio for Paul Bragiel – Paul Bragiel is an internet entrepreneur and currently a managing partner of Bragiel Brothers. Bragiel graduated from University of Illinois in 1999. Shortly after graduating he founded his first company, Paragon 5, with offices in Chicago and Poland. In 2004 he founded the first location-based social network Meetro. In 2008 he founded Lefora which was sold to Crowdgather in the summer of 2010.  In 2010 he launched i/o Ventures, a seed fund and accelerator based in San Francisco. Mentors include founders of companies such as YouTube, LinkedIn, Zynga, Bittorrent, Paypal, Myspace, WordPress, Yelp & Trulia. In 2012 he launched three more technology-focused seed funds. Savannah Fund (Sub-Saharan Africa) and Golden Gate Ventures (Southeast Asia) were created to foster entrepreneurship in those regions. GameFounders (Eastern Europe) invests in companies building gaming-related products. In 2015 he launched Presence Capital, a $10m venture fund investing in early-stage virtual reality (VR) and augmented reality (AR) companies.  Collectively he’s invested or advised 100+ companies, which have raised $1.5b+ in follow-on financing. Companies include Uber, Zappos and Unity. Often he travels around the world to give lectures on startups and serves as an advisor to governments on their technology and entrepreneurship policy including the nations of Colombia, Singapore, Estonia and Tanzania.

Additional Recourses –   http://www.cnbc.com/2017/05/12/southeast-asian-firms-can-become-champions-in-this-field.html  https://techcrunch.com/2016/05/20/paul-bragiel-is-back-with-a-new-venture-firm/  https://techcrunch.com/2010/10/13/inside-io-ventures-tour-the-central-perk-for-code-tctv/  http://www.teampaul.com/  https://www.forbes.com/sites/mfonobongnsehe/2012/06/06/good-news-for-african-tech-siliconvalley-veterans-launch-10-million-seed-fund/#457296d3669e  https://pando.com/2012/12/18/golden-gate-ventures-looks-for-next-china-in-southeast-asia/

For more information on 2017 Goodwill Tour of Paul Bragiel, please feel free to connect with Sean McKay Holt, MBA, Team Paul, Expedionary Organizing Team, via email [email protected], or LinkedIn linkedin.com/in/seanmholt

 

Developed Market Oriented Export Promotion Strategy / Marketing Strategy

Under the Knowledge and Co-Creation Program of the Japan International Cooperation Agency (JICA) of the Japanese Government, a training in Developed Market Oriented Export Promotion Strategy or Marketing Strategy funded by JICA is proposed to a business man or business woman of Vanuatu. The Vanuatu Chamber of Commerce and Industry (VCCI) is looking for a business man or business women to be the nominee of VCCI to attend this training in Chubu, Japan, from 13 September to 19 October 2017.
Today, export promotion is expected to play a major role in economic development of many developing countries. However, most of the exports from developing countries are raw materials rather than processed products. For further contribution to the local industries, it is important to export value-added products. Insufficient quality of products, ineffective marketing and promotion prevents developing countries to export value-added products to developed countries.  The goal of this program is to acquire a new approach of export promotion for developing countries to developed countries’ market. The essence of this approach is to convert our concept from “Product-out” to “Market-in”. In other words, it is to develop value-added products according to the potential markets’ needs. For achieving this goal, effective skills of market research, product development, branding, promotion and communication with potential customers are essential. This program will be focused on learning “Market-in” export promotion concept and practical skills.
Course Objective:  Participants acquire market-oriented approach of export promotion of local products to developed countries, based on effective marketing skills and the partnership between public and private non-profit organization.
Overall Goal Projects to export the products of participants’ countries to the developed market are planned and implemented in the participants’ country.   For what? This program provides participants with opportunity to acquire skills on market-oriented export promotion of locally made unique products.  Participants will learn practical knowledge of marketing and export promotion, including understanding of customers in developed countries, effective product development, branding, effective design and usage of promotional tools.   For whom? This program is offered to those who provide direct service/support to companies/associations on export to developed markets, such as business men, business women, managers/staffs of private non-profit institutions or business associations or industry working groups.
Applicants must have experience on providing business supporting service for export, especially, marketing of export products, for instance, providing hands-on or direct operational support for firms to export their unique products with local characteristics/resources.  The way of services can be to provide useful overseas market information, networking with traders, supporting product development for overseas markets, participating and organizing international trade fairs, etc.  How? Participants will have opportunities to acquire practical approaches and methods of marketing and promotion for promoting export of their products to the developed market.
Participants are expected to learn the essence of successful promotion, branding and promotion by case studies, lectures and workshops.  This program focused on learning practical skill and knowledge, thus it requires participants’ active participation for the program, including discussions and workshops during the program as well as assignments before coming to Japan.
Review comments from the previous participants of Bangladesh, Cambodia, Indonesia, Laos, Myanmar, Pakistan, Papua New Guinea, Thailand, Tuvalu, Vanuatu, and Vietnam, include “There are many useful things I learn during the duration of the course here in Japan. However, one that is most appealing to me is the development of Branding and development of local products. In my country, we have many unique products, and I believe if reached an export stand they will be very competitive in the market, both overseas and domestically.”(Vanuatu, 2016)

If your business offers a value-added product and you would like to be a potential candidate for this training in Export Promotion Strategy or Marketing Strategy, you can contact VCCI Reception by phone on 27543 or by email at [email protected] to submit your name before Thursday 29 June 2017.

 

VANUATU BUSINESS RESILIENCE COMMITTEE

The VCCI is pleased to announce the formation of the Vanuatu Business Resilience Committee (VBRC). The VBRC will serve as a coordinating mechanism for the government to effectively engage with the private sector to build resilience to disasters and climate change. With support from the DFAT Connecting Business Initiative, UNDP Pacific Risk Resilience Program, DFAT Local Supplier Engagement Project, and DFAT/GIZ Climate Finance Readiness for the Pacific Project, the VBRC will help strengthen the private sector through:

  • Establishing a clear entry point for the private sector to participate and engage within the climate change and disaster risk reduction sectors
  • Providing a regular forum for dialogue and collaboration between the public and private sector, especially in regards to climate change issues, disaster risk reduction, emergency preparedness, response and recovery
  • Raising awareness among the private sector about climate change and disaster risk management
  • Strengthening resilience of businesses, particularly small and medium enterprises through capacity building programs to help withstand and recover from shocks, including business continuity planning
  • Formalizing involvement within official national disaster management and climate change planning, policies and processes, helping strengthen the linkage and coordination between the public and private sector
  • Identification of private sector capabilities, interests and needs as it relates to climate change and disaster risk management, especially in accessing climate finance
  • Sharing of best practices and successful case studies, helping inform future Public Private Partnership initiatives
  • Assisting businesses in securing business continuity preparedness training and resources through appropriate climate finance resources, including through international organizations.

Vanuatu private sector businesses, including but not limited to the key sectors of banking, insurance, infrastructure and construction, tourism, food and agriculture, telecommunications, logistics, and transport are invited to attend the official launch of the Vanuatu Business Resilience Committee on Thursday, 6 July 2017 from 5pm to 6pm, at Holiday Inn Resort.

We look forward to facilitating an interactive discussion with various private sector businesses to discuss how the new VBRC may assist with resilience building activities, ideas for entry points for engagement in humanitarian responses, and the challenges currently being faced. Please contact VCCI Reception by phone on 27543 or by email [email protected] for more information.

Export Capability Building Workshop 21 July 2017

Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI), will be conducting a free one day workshop to assist business owners In Vanuatu who are thinking of entering the export market particularly to New Zealand.   The workshop is aimed at businesses that are currently selling products in Vanuatu and that see the export market as a growth opportunity. The objective is to increase business owner’s knowledge and build their capability to be successful in the export market.

This workshop is the first step in a 6 step Pacific Path to Market programme that culminates in several participating companies participating in a Trade Mission to NZ in March 2018 to showcase their products, to see the NZ market themselves and to meet potential buyers.   What:     Export capability building workshop

When:    Friday 21 July 2017 from 8.30am to 4.30pm

Where:   Melanesian Hotel, Port Vila

How:      Register your name with VCCI by phone 27543 or email [email protected]

 

ETC Workshop 14 June, NSA PACER Plus & Other VCCI Brief News

Regional Logistics and Emergency Telecommunications Workshop 14 June 2017 in Port Vila

The United Nations World Food Programme (WFP) will organise in Port Vila, Vanuatu its second annual Logistics and ETC (Emergency TeleCommunications) regional workshop for disasters purposes from 12 to 16 June 2017.

More than 90 people confirmed to attend from UN agencies, International NGO’s, National Disaster Management Office (NDMO) and Governments bodies (Customs, etc..), militaries, Donors, Red Cross, Academics and Private sector agencies.

This workshop will focus on the regional Private Sector engagement initiatives on Wednesday 14 June 2017 from 8:30am to 13pm at Warwick Le Lagon Hotel.

Key private sector engagement initiatives will cover the Connecting Business Initiative (CBI), the Fiji Business Disaster Resilience Council (FBDRC), the creation of the Vanuatu Business Resilience Committee (VBRC) and the Local Supplier Engagement Programme initiated by the Australian Red Cross (ARC).

Vanuatu private sector businesses including transporters, suppliers and retailers, telecoms operators, Internet providers, logistics companies, etc are invited to participate and talk about their difficulties in engaging in humanitarian responses, the challenges faced, how they engaged anyway with either NDMO or other, or just by themselves, and what they would need to engage better.

If you are a business interested to attend this workshop on Wednesday the 14 June from 8:30am to 13pm at Warwick Le Lagon Hotel, please contact VCCI Reception by phone on 27543 or by email [email protected]

 

PACER PLUS WAY FORWARD BY NON STATE ACTORS

After the 7th NSA Dialogue Workshop in Port Vila on 31 May 2017 organised by the Pacific Islands Forum Secretariat (PIFS) and the Office of the Chief Trade Adviser (OCTA), with the financial support of the Australian and New Zealand governments, the participants of the private sector and NGOs of the Forum Pacific Islands Countries noted that the way forward in progressing PACER Plus would consist of the following key actions:

  1. All parties commit to further engage in consultations at the national level to ensure that the provisions of the PACER Plus is well understood and its implications fully assessed for improved awareness as well as the development of a monitoring and evaluation framework for the Agreement;
  2. Forum Members will be preparing necessary briefs on the PACER Plus text in preparation for the signature of the Agreement on 14 June 2017;
  3. Communication materials, including documents explaining PACER Plus in simple language needs to be prepared;
  4. FICs to review and prioritise the capacity building activities in the implementation arrangements of the PACER Plus;
  5. Support will be provided to those FICs that sign the Agreement for ratification processes and planning for implementation, through the Readiness Package;
  6. Support will be provided to the FIC Parties to implement the agreement upon entry into force, including the setting up of the Implementation Unit and Joint Committee. The Joint Committee is to comprise representatives of PACER Plus parties that will oversee the delivery of the implementation assistance;
  7. Broader trade and investment related support will be provided to the FICs by Australia, committing to target 20% of its Pacific ODA for Aid for Trade and New Zealand, committing to target 20% of its total ODA for Aid for Trade; and
  8. Additional Forum Members willing to be a party to the PACER Plus are invited to submit their Market Access Offers for consideration by all Parties.

Vanuatu has now announced that it will not sign the PACER Plus agreement on 14 June 2017 in Tonga, in order for the Vanuatu Government to have more time to assess the benefits and costs of PACER Plus to Vanuatu including among other areas the impact on the country’s infant industry.

 

Oils of Paradise Vanuatu Women’s Fair-Trade

Oils of Paradise Vanuatu Women’s Fair – Trade would like to invite any interested members individual to join them at the first ever hosting of Island Nigh at their new Cultural Village.

Where:  BUKURA Devils Point

When:   23rd June 2017, from 6:30pm – 10:30pm

For more information, please click here to view and download Island Night Brochure.

Confirmation of bookings please contact Ms. Rona Garae  by email: [email protected] or mobile: 7718234.

 

Export Capability Building Workshop 21 July 2017

Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI), will be conducting a free one day workshop to assist business owners In Vanuatu who are thinking of entering the export market particularly to New Zealand.

The workshop is aimed at businesses that are currently selling products in Vanuatu and that see the export market as a growth opportunity. The objective is to increase business owner’s knowledge and build their capability to be successful in the export market.

This workshop is the first step in a 6 step Pacific Path to Market programme that culminates in several participating companies participating in a Trade Mission to NZ in March 2018 to showcase their products, to see the NZ market themselves and to meet potential buyers.

What:         Export capability building workshop

When:       Friday 21 July 2017 from 8.30am to 4.30pm

Where:      Melanesian Hotel, Port Vila

How:         Register your name with VCCI by phone 27543 or email:  [email protected]

 

Small businesses – high impact

A series of short practical articles on running successful and profitable small to medium size businesses. Today we focus on the trunk of our tree – the business owners

Imagine your business as a tree

Small businesses are created, nurtured and sustained by owners – it may be a sole trader or a group of owners. They make decisions, determine the culture of the business and the direction it is taking.  Without a sturdy and solid trunk the tree will fail and be unable to grow.

Running a small business is both rewarding and challenging.  We get great pleasure from seeing our efforts result in positive businesses, providing goods and services that people want and offering employment and training to our staff. And, of course, productive businesses are likely to become profitable businesses.

However, running a small business is also challenging – the buck stops with the owner. It can be quite a lonely experience running a business. It can be a steep learning curve!  Most of us do not start up a business because of our knowledge of business but because of our interest in and passion for a specific topic or product or service.  Suddenly we realise that we have to learn about planning, financial management, people and recruitment, handling customers, quality, time keeping, marketing, new technology and so on – the list is long!

Also the rest of the tree relies on the strength of its trunk but who do we rely on? Where do owners get their support from? Who do we talk to when we sre feeling stressed or unclear?

Here are a few tips to help keep yourself strong and positive as your business grows:

Plan – planning is not an optional extra, it is essential if we are to reach our goals.  Planning does not have to be complicated or time consuming, unlike the possible consequences of lack of planning!  Keep it simple but do it!

Take time before you make major decisions, appreciably where they involve money and recruitment of people.  Mistakes can be costly later on.  Consider your options, seek advice and don’t jump to conclusions too quickly.

Share your plans with others – seek support from friends or family or other business colleagues – people whose opinions and experiences you value and trust.

Use a mentor and/or business coach – sometimes an objective comment on our plans and operations is what we need.  Friends and family will not always tell us what we need to hear or provide the tough love we need!

Make the time to attend networking events – these may be run by the Chamber of Commerce or particular sector/ professional groups.

Invest in your customers – they will sell your business for you if they believe you are interested in them.

Take time away from the business, for yourself and your family – we all need to recharge our on batteries.

Keep fit – physically and emotionally.  When we get busy we might stop exercise or even eating healthily.

Find time to keep learning – on line or attending training or reading – anything that gives us more knowledge to run a better business and at the same time it keeps our brain fit!

Be prepared – in the Pacific in particular we have to consider the consequences of extreme weather events – we can’t stop them but we can prepare.

Celebrate success – even small successes are worth celebrating and get into the habit of thanking those who help you.

Beware procrastination!  We live in an age where it is very easy to procrastinate – we can spend time on Facebook or other aspects of social media rather than focusing our attention on growing a strong tree.   Next time you walk past a tree, stop and look at the trunk – look at the character and the colours and the shapes.  Each tree is different.  Each business is different – you will shape the future success of your business.  Stand tall and be strong!

Coming next – small businesses – high impact part eight – compost – what we need to help the business grow. Chris Elphick is Director of Learn.fast Pacific, supporting the development of a range of businesses and organisations in Vanuatu, Fiji, Solomon’s and other Pacific countries.  He is an experienced business mentor and has years of experience of working with Small & Medium Enterprises.  Learnfast Pacific works in close association with business support organisations including Chambers of Commerce and Industry throughout the Pacific.

If you have a business issue for Chris to comment on or you want copies of other articles please contact him at [email protected]

 

Discover Budget Vanuatu’s new bookings website and in-vehicle SOS Alarm feature

Budget Vanuatu has unveiled a fresh “new look”, easy to use bookings website that perfectly promotes discovering Vanuatu and experiencing island hospitality to Vanuatu’s growing international self-drive tourism market.

The dynamic new Budget Vanuatu website at www.rentalcarsvanuatu.com is mobile friendly, and features a streamlined, clean design aesthetic with easy to use navigation that makes selecting rental vehicles deceptively easy.

The Budget Vanuatu website introduces Budget’s new in-vehicle SOS Alarm feature, which ensures all drivers can easily trigger Budget’s 24-hour roadside assistance – even when drivers are out of mobile coverage.

“The SOS Alarm is unique to all Budget rental vehicles and means drivers are never alone when discovering Efate’s many amazing tourism highlights,” said Ms Emily Kell, Budget Vanuatu’s manager.

For international tourists, this important vehicle safety feature means they can have peace of mind exploring and can enjoy their “island time” in Vanuatu.

“No matter where they are on the island of Efate, if they get into trouble Budget Vanuatu can find them. We want our drivers to have relax and have a great time, and know they are in good hands with Budget Vanuatu.”

Supported by the Vanuatu Tourism Promotion Office and the Department of Tourism’s accreditation program, the website was developed by local businesses Savvy Vanuatu and Lionfish Design Studios.

Promoting safe driving and responsible tourism are integral to the Budget international brand, and were important communication considerations in the new website’s development.

Additionally, showcasing Vanuatu, promoting local discounts and Qantas Frequent Flyer incentives, competitive long-term rental contracts, and easy to understand rental terms and conditions were part of the website design brief.  The site uses best practice digital expertise that effectively harnesses the latest cybercrime safe technology.

The new Budget Vanuatu website will be complimented by a social media campaign designed to drive international web traffic to the new website and Budget Vanuatu’s Facebook page.

“To celebrate our new website, Budget Vanuatu is running an online promotion with a 15% discount when you book using our brand-new website,” said Ms Kell.

Budget Vanuatu is proudly a local owned Vanuatu company and operates as an authorised Budget franchise via Budget Australia.

“When you hire a Budget Vanuatu rental vehicle, you can be certain you are receiving our best service, competitive pricing and a quality late model vehicle with low kilometres as per Budget’s global standards,” said Ms Kell.

Budget’s vehicles are sourced and serviced exclusively by Carpenter Motors Vanuatu to meet Vanuatu’s local conditions. Budget Vanuatu is an integral part of the Carpenter Motors Vanuatu (CMV) company, the country’s leading automotive vehicle dealer.

Connect with us: W: www.rentalcarsvanuatu.com, FB: www.facebook.com/BudgetVanuatu For more information: Lisa Macalister Savvy Vanuatu – : +678 550 5500, E: [email protected]  Or Emily Kell, Budget Vanuatu – P: +678 559 6741. E: [email protected]

NSA PACER Plus, Logistics ETC Workshop 14 June 2017 & Other Meetings

NSA DIALOGUE PACER PLUS

After the Seventh NSA Dialogue Workshop on PACER Plus at the Warwick Le Lagon Hotel in Port Vila, Vanuatu, on Wednesday 31 May 2017 from 8am to 6pm organised by the Pacific Islands Forum Secretariat (PIFS) and the Office of the Chief Trade Adviser (OCTA), with the financial support of the Australian and New Zealand governments, the VCCI position remains for Vanuatu firstly to undertake an independent analysis on the potential impact/ benefits of Pacer-Plus based on the market access offers, secondly to determine how many billions of vatu this trade agreement is to generate each year to the Vanuatu Government to ensure all products and services developed and produced locally are in compliance with the requirements to be sold domestically and in the markets of Australia and New Zealand, and thirdly to allow national Parliament’s the ability to debate PACER-Plus membership based on the first point and the second point above before making any commitments.

Kiribati, one of the participants, clearly stated during the workshop that the issue at stake for their country is sea level rise impact due to climate change, their issue was not trade but survival.

PANG (Pacific Network on Globalisation) is still undertaking an assessment of the text but a first glance seems to indicate that what they have previously critiqued is what has remained largely in the text. This means that the ability of governments to regulate will be curtailed, that safeguards and protections for Pacific industries will be ineffectual, protections for people and the environment are meaningless and that the non-binding promises of an annual labour mobility meeting and development assistance make this a horribly unbalanced agreement.

All partners are encouraged to endorse the petition, click here to sign the petition https://www.megaphone.org.au/petitions/calling-on-our-pacific-leaders-to-withdraw-from-pacer-plus and share it among your constituents by 9 June 2017. You can send the organisational endorsements to [email protected] They plan to present the petition in Tonga when Ministers intend to sign PACER-Plus on 14 June 2017.

The text and market access schedules of PACER-Plus have been released and are available, if you, businessmen and business women, wish to receive it, please contact VCCI Reception by email [email protected] or by phone on 27543.

Regional Logistics and Emergency Telecommunications Workshop 14 June 2017 in Port Vila

The United Nations World Food Programme (WFP) will organise in Port Vila, Vanuatu its second annual Logistics and ETC (Emergency TeleCommunications) regional workshop for disasters purposes from 12 to 16 June 2017.   More than 90 people confirmed to attend from UN agencies, International NGO’s, National Disaster Management Office (NDMO) and Governments bodies (Customs, etc..), militaries, Donors, Red Cross, Academics and Private sector agencies.

This workshop will focus on the regional Private Sector engagement initiatives on Wednesday 14 June 2017 from 8:30am to 13pm at Warwick Le Lagon Hotel. Vanuatu private sector businesses including transporters, suppliers and retailers, telecoms operators, Internet providers, logistics companies, etc are invited to participate and talk about their difficulties in engaging in humanitarian responses, the challenges faced, how they engaged anyway with either NDMO or other, or just by themselves, and what they would need to engage better.

If you are a business interested to attend this workshop on Wednesday the 14 June from 8:30am to 13pm at Warwick Le Lagon Hotel, please contact VCCI Reception by phone on 27543 or by email [email protected]

Export Capability Building Workshop 21 July 2017

Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI), will be conducting a free one day workshop to assist business owners In Vanuatu who are thinking of entering the export market particularly to New Zealand. The workshop is aimed at businesses that are currently selling products in Vanuatu and that see the export market as a growth opportunity. The objective is to increase business owner’s knowledge and build their capability to be successful in the export market.

This workshop is the first step in a 6 step Pacific Path to Market programme that culminates in several participating companies participating in a Trade Mission to NZ in March 2018 to showcase their products, to see the NZ market themselves and to meet potential buyers.

What: Export capability building workshop When: Friday 21 July 2017 from 8.30am to 4.30pm Where: Melanesian Hotel, Port Vila How: Register your name with VCCI by phone 27543 or email [email protected]

Pacific NZ Fisheries Forum 2017

The Pacific New Zealand Fisheries Forum 2017 was held in Auckland, NZ from 14 to 15 May 2017 for the purpose of sharing and exchanging knowledge, experiences and innovations in relation to fisheries in the Pacific gathered fishermen and experts in Fisheries from the Pacific region. The Vanuatu Chamber of Commerce and Industry (VCCI) was represented by both Alfred Kalontas of Alpha Fishing and Lopez Adams of My Island Distribution (The Beach Hut).

Three central themes were as follows: 1. Iwi shared learning on Fisheries Maori are connected to their Pacific whanau and there are lessons that both indigenous people can learn from each other; Investment Opportunities in Fisheries 2. Investors will be exposed to the opportunities in the Pacific; Market Access  3. Iwi & Business leaders may see opportunities to partner and supply existing or new markets together.

Iwi Shared learning on Fisheries, the Iwi (maori) Fisheries Association is NZ’s largest and most innovative business with domestic and exports worth $40 million, or VT4 billion in revenue. Iwi are the largest social units in New Zealand Māori society. Iwi Fisheries Association’s members are very passionate in managing its own people, resources, rivers, waters and oceans, for current and future generations. The Iwi culture is one that encompasses a balance nature.

Pacific Islands Tuna Industry Association (PITIA) PITIA is the trade association which represents the domestic interests of the commercial tuna seafood industry in the Pacific. It assists the coming together of National Trade Association and sectorial interests that form part of the growing domestic involvement in the seafood industry. PITIA’s role is to promote domestic development at international forum and their generic interests. It also disseminates information on fisheries matters to a wide-ranging membership throughout the Pacific. Its AGM was held on the second day of the Forum. Vanuatu is not a member. Membership is open to all Pacific Island countries.

Key opportunities for Vanuatu

  • To become member of PITIA
  • Cultural and social protection of Vanuatu Fisheries – Learn from Iwi & Samoa
  • Due to overfishing by external countries, to look at sustainability. Switching from reef fishing to deep ocean fishing
  • Local process for value added products
  • Cultural and social impacts (eg: black sands processing plant)

We are culturally connected by one ocean

Small businesses – high impact

A series of short practical articles on running successful and profitable small to medium size businesses. Today we focus on the weather and climate in which the tree grows – our business operating environment.

Imagine your business as a tree

All business operate in a business environment.  The more we know about it and the more we understand it the better.

The environment in which our business operates is affected by many issues, from global issues that we can have very little impact on to national and regional issues to very local issues that we can influence.

If, for example, we are running a tourism business that relies on guests coming to stay with us from overseas our business will be affected by what is going on in the country of origin, local economic conditions, the cost of travel, attitudes towards travelling, concerns about safety, knowledge of the unknown, fear of sickness or cyclones, ease of travel and so on.  Even with those things that we cannot directly influence we should be aware of them – keep an eye on the news, use the internet, follow stories on Facebook or Trip Advisor, talk to your guests.  Even with this knowledge we may not be able to change much but our awareness will be appreciated by our guests.  Let us show that we are interested in them and that we care about them.

However, knowledge of our local business environment is absolutely crucial.  In the Pacific, we know that extreme weather events can and do impact on our ability to run profitable businesses.  We have a choice – we can choose to bury our heads in the sand and ignore this information and simply react when the event occurs or we can plan ahead and be as well prepared as possible.

A head in the sand attitude is not a good business approach!  While we are busy going nowhere our competitors are likely to be rapidly increasing their lead and their share of the market! Take a look at the business environment around you – think about the people, the buildings, the physical environment, the political environment, the level of wealth or poverty, technology, your competitors, imports and exports, forthcoming events, development and new construction.  What are the opportunities there for you?  What are the challenges there for you? Is your business in the right place at the right time offering the right products or services? If not, we need to start to think about what to do about it.

Perhaps we need more skills or new ideas or new people around us.  Trees adapt to their environment and so must businesses but to do that we really need to understand it and also learn to look ahead a few years.  What is happening around us?  Maybe a new road is going to be built or a new shopping mall or new houses or a school or hospital or the Pacific Games are coming our way – all of these things could have a profound impact on our business and if we do not prepare we may not be ready when the time comes and the opportunities for growth are there.  Just like a tree the stronger and more robust we are the more we will benefit from the sun and the rain!

Coming next – small businesses – high impact – part three – birds that nest in the tree – our customers. Chris Elphick is Director of Learn.fast Pacific, supporting the development of a range of businesses and organisations in Vanuatu, Fiji, Solomon’s and other Pacific countries.  He is an experienced business mentor and has years of experience of working with Small & Medium Enterprises.  Learnfast Pacific works in close association with business support organisations including Chambers of Commerce and Industry throughout the Pacific. If you have a business issue for Chris to comment on or you want copies of other articles please contact him at [email protected]

 

 

 

Brief News 29 May 2017

Small Business Modelling (Business Planning) Workshop begins today

The Small Business Modelling workshop jointly coordinated by VCCI and Cann Business Enterprises of Australia begins its week long training today Monday 29 May 2017 for its May 2017 group of recipients.

The workshop provides training and advice on business planning, basic bookkeeping and simple marketing subjects making them simple for the grassroots business starters. It also focuses on what to do to start a business and how to sustain simple management of a newly established small business.

The workshop is facilitated by Allan and Shirley Cann who are directors of Cann Business Enterprises and have been working together with the VCCI for the last four years.

If you are interested in attending this workshop from Monday 29 May 2017 to Friday 2 June 2017 from 5pm to 7pm in the evening at VCCI, please come to register your name at VCCI Reception office, or call on 27543 or email [email protected]

 

NSA DIALOGUE PACER PLUS 31 MAY 2017

The Vanuatu Chamber of Commerce and Industry (VCCI) wish to remind all businesses on behalf of Pacific Islands Trade Secretariat a Circular, the Australia, New Zealand and 12 Forum Island Countries concluded negotiations on the Pacific Agreement on Closer Economic Relations Plus (PACER Plus) in Brisbane on 20 April 2017.  The Agreement will be signed in Nuku’alofa, Tonga on 14 June 2017. In advance of the signing, the Pacific Islands Forum Secretariat (PIFS) and the Office of the Chief Trade Adviser (OCTA), with the financial support of the Australian and New Zealand governments, will be convening the Seventh NSA Dialogue Workshop on PACER Plus at the Warwick Le Lagon Hotel in Port Vila, Vanuatu, on Wednesday 31 May 2017 from 8am to 6pm.

VCCI position is for Vanuatu firstly to undertake an independent analysis on the potential impact/ benefits of Pacer-Plus based on the market access offers, secondly to determine how many billions of vatu this trade agreement is to generate each year to the Vanuatu Government to ensure all products and services developed and produced locally are in compliance with the requirements to be sold domestically and in the markets of Australia and New Zealand, and thirdly allow national Parliament’s the ability to debate PACER-Plus membership before making any commitments.

If you are interested to attend this workshop to represent the interests and needs of the Vanuatu Chamber of Commerce and Industry and all local businesses, please confirm your attendance to VCCI Reception by phone 27543 or by email at [email protected]

 

Invitation to all businesses to the Electronic Pacific Procurement System for Disasters by Pacific Local Supplier Engagement Initiative

The Introduction and testing of e-Pacure (electronic Pacific procurement system for disasters) by Pacific Local Supplier Engagement Initiative will be conducted from 9am to 12pm on Thursday June 1st 2017 at the Melanesian Hotel.

You are cordially invited to an information awareness session, and to participate in the testing trial of the new web-based disaster procurement program that Pacific Local Suppliers Engagement Initiative, under the Australian Red Cross Society with Vanuatu Red Cross Society, are developing. You are invited to join and come along with the members of the Logistics Cluster Procurement Focus Group (Red Cross, the National Disaster Management Office, World Vision, Oxfam, CARE) as well as 15 major Vanuatu businesses who are suppliers of vital disaster relief goods, namely Tools and Hardware; Building Supplies; and Plumbing products.

This event will take place at 9am to 12pm on Thursday June 1st at the Melanesian Hotel. A buffet lunch will be provided.

Please Click the Links to view and download:-

We would be grateful if you could confirm your attendance by close of business on Tuesday 30th May 2017 by return email to below address, to assist in planning of catering arrangements

Yours sincerely,

Madam Jacqueline Deroin de Gaillande                 Luke Johnston

Chief Executive Officer                                        Adviser

Vanuatu Red Cross Society                                Mobile: +678 7744917  

                                                                                     Email: [email protected]

 

Export Capability Building Workshop 21 July 2017

Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI), will be conducting a free one day workshop to assist business owners In Vanuatu who are thinking of entering the export market particularly to New Zealand.

The workshop is aimed at businesses that are currently selling products in Vanuatu and that see the export market as a growth opportunity. The objective is to increase business owner’s knowledge and build their capability to be successful in the export market.

This workshop is the first step in a 6 step Pacific Path to Market programme that culminates in several participating companies participating in a Trade Mission to NZ in March 2018 to showcase their products, to see the NZ market themselves and to meet potential buyers.

What:                         Export capability building workshop

When:                       Friday 21 July 2017 from 8.30am to 4.30pm

Where:                       Melanesian Hotel, Port Vila

How:                         Register you name with VCCI by phone 27543 or email

[email protected]

 

PIPSO sign MOU with HACCP Australia (Fiji) Ltd

The Vanuatu Chamber of Commerce and Industry have been advised that the Pacific Islands Private Sector Organisation (PIPSO) met with HACCP Australia (Fiji) Ltd at the PIPSO Office in Suva where they jointly signed a Memorandum of Understanding (MOU) on 10 May 2017 in Suva, Fiji.

Under the MOU, both PIPSO and HACCP Australia (Fiji) Ltd will work together to assist companies in the Pacific that wish to attain HACCP certification for their products that are to be sold domestically and internationally.

HACCP stands for Hazard Analysis Critical Control Point is an internationally recognized system for reducing the risk of safety hazards in food. A HACCP System requires that potential hazards are identified and controlled at specific points in the process. This includes biological, chemical or physical hazards. Any company involved in the manufacturing, processing or handling of food products can use HACCP to minimize or eliminate food safety hazards in their product.

Pacific based companies and organisations will benefit from the joint efforts of PIPSO and HACCP Australia to actively assist them in meeting and maintaining HACCP based Food Safety Management Programme objectives in a cost effective and consultative manner. This will be done through the provision of expert technical resources, guiding tools and resources as well as awareness to local businesses of the benefits and methodology of HACCP certification.

The collaboration is based on a genuine spirit of partnership in which both organisations will enhance and complement the efforts of the other whilst strengthening their own areas of expertise and skill, whilst utilizing local resources.

Positive impact on Pacific businesses will be further magnified by both PIPSO’s network and support combined with HACCP Australia (Fiji) international expertise and networks. This partnership is essential to assist businesses to meet business opportunities under various trade agreements especially with the recently endorsed Pacer Plus.

While trade agreements open markets, complying with market entry requirements like HACCP certification is crucial. This partnership will further explore how HACCP assessment and certification costs can be reduced by working with clusters of businesses and the engagement of local experts who have been thoroughly trained in the area of Food Safety Standards.

The MOU outlines several areas of collaboration and support between PIPSO and HACCP Australia as well as core activities that will be jointly undertaken.

The MOU was signed by PIPSO Chair Mr. Howard Politini and HACCP Australia (Fiji) Ltd Director, Mr. Martin Stone. 

VCCI AGM 2017 & OTHER NEWS

CHAMBER OF COMMERCE AGM

The Vanuatu Chamber of Commerce and Industry (VCCI) held its Annual General Meeting on Thursday night at the Chamber’s offices.

The annual report, which sets out the accomplishments of the Chamber in 2016, was distributed and can be accessed on the website of the Chamber.

Chamber President Tom Bayer noted noted that all businesses which hold a current Business License are automatically a member of the Chamber.

The annual accounts for 2016 were still with the auditors, and will be circulated to the members when received. The Council was authorized to consider them and if acceptable, to approve and sign them.

There were several Council seats which were to be filled for a two year tem, and the elected Councilors are: Tourism: Bryan Death and Simon Troman; Finance: Tom Bayer and Michael Firmeri; Manufacturing: Cornelia Wyllie; Small Commerce: Jim Batty and Joseph Brun; Shipping: Lawerence Cameron. There was no nomination for the Council seat representing Public Utilities, so it remains vacant.

The seats representing Agriculture and Women’s Groups, currently filled by 1st Vice President David Russet, and Rona Garae will be decided at the first meeting of the new Council.

The President advised the meeting that 2017 is a difficult year for the VCCi due to the government reducing budgeted allocation for the VCCI by Vt5,000,000 (a 20 per scent reduction), which means that some services may have to be suspended or cancelled.

Mr. Bayer thanked the outgoing Council and General Manager Astrid Boulekone for their outstanding contribution in 2016.

URBAN WATER REFORM CONSULTATION MEETING 22 MAY 2017

The Vanuatu Chamber of Commerce and Industry (VCCI) advise all businesses that the newly established Department of Water Resources (DoWR) within the Ministry of Lands is exploring the options to continue with the reform of the institutional arrangements for the delivery of urban water supply in Vanuatu.   In support of this process, the Department of Water Resources (DoWR) would like to invite your kind participation, all local businesses, in a consultation meeting at The Melanesian at 2.00 pm on Monday the 22 of May, 2017 chaired by the Hon. Minister for Lands and Natural Resources to solicit your feedback on potential reform paths for the urban water sector in Vanuatu. The Vanuatu Water Policy – Institutional Urban Options document which will be discussed at the meeting is available from VCCI Reception by email at [email protected]

For more information, please contact Erickson Sammy, Director, Department of Water Resources, Private Mail Bag 9001, George Pompidou, Port Vila, Vanuatu, (Work) +678 33435/ +678 5333820 , (Mob) +678 7791593, (VoIP) 3978, email [email protected], https://mol.gov.vu/index.php/en/water

NSA DIALOGUE PACER PLUS 31 MAY 2017

The Vanuatu Chamber of Commerce and Industry (VCCI) advise all businesses on behalf of Pacific Islands Trade Secretariat a Circular, the Australia, New Zealand and 12 Forum Island Countries concluded negotiations on the Pacific Agreement on Closer Economic Relations Plus (PACER Plus) in Brisbane on 20 April 2017.  The Agreement will be signed in Nuku’alofa, Tonga on 14 June 2017. In advance of the signing, the Pacific Islands Forum Secretariat (PIFS) and the Office of the Chief Trade Adviser (OCTA), with the financial support of the Australian and New Zealand governments, will be convening the Seventh NSA Dialogue Workshop on PACER Plus at the Warwick Le Lagon Hotel in Port Vila, Vanuatu, on Wednesday 31 May 2017. If you are interested to attend this workshop to represent the interests and needs of the Vanuatu Chamber of Commerce and Industry and all local businesses, please confirm your attendance to VCCI Reception by phone 27543 or by email at [email protected]

 

PACER PLUS PETITION

VCCI has been advised that PANG (Pacific Network on Globalisation) has released a new report on PACER-Plus (Pacific Agreement on Close Economic Relations Plus between Vanuatu and Pacific Islands States and Australia and New Zealand) titled “A Peoples’ Guide to PACER-Plus: Understanding what it is and what it means for the people of the Pacific Islands”.

The report covers the history of the negotiations and breaks down what the impacts will be in the Pacific in easily understandable language.

The report can be found on http://www.pang.org.fj/media/PANG%20Trade%20Documents/For%20Upload/17

Ahead of the Ministerial in June 2017 to sign PACER-Plus, they have launched a petition calling on Ministers to withdraw from the agreement. In particular the petition calls on Ministers to:

  • Not sign any PACER-Plus agreement as it currently stands;
  • Immediately release the texts of PACER-Plus, including the market access offers;
  • Undertake independent analysis on the potential impact/ benefits of Pacer-Plus based on the market access offers.
  • Allow national Parliament’s the ability to debate PACER-Plus membership before making any commitments.

The petition can be found on https://www.change.org/p/calling-on-our-pacific-leaders-to-withdraw-from-pacer-plus and they are aiming to present it to Ministers in Tonga.

You can sign and promote it as possible before Friday 9th June 2017.

Income Tax Position by Thomas Bayer – Representative of Private Sector

As the private sector representative on the Revenue Review Committee I wish to indicate my support of the VCCI proposals included in their submission to the Committee in preference to the recommendations of the Committee as a whole.

I acknowledge the need for modernisation of tax laws and administration in Vanuatu to help increase public revenues to support sustainable economic growth. However, at the same time, tax system adjustments should ensure overall efficiency and minimize market disruptions. Therefore it is important to have an open discussion among stakeholder groups about alternative means of reaching the goals and objectives set by the government.

There are two critical issues that needs to be highlighted with the current process of Review undertaken by the Government. The Review committee did not seek broad input during review process as consultations were presentation of decisions already taken by the Committee. The review process also lacked the involvement of independent economists to evaluate the implications of introducing income and corporate tax on the economy. Impact study should have been conducted and evaluated by at-least three independent economists to ensure transparency and well-informed decision making process.

I agree with the VCCI/VFCA and support the Guiding Principles suggested in the Consultation Paper put forward by the Revenue Review Team in September 2016. However, I also take the view that the proposed tax reforms are in conflict with most of these principles.

Key Issues – It is expected that the shortfall in potential revenue through proposed tax reform will be greater than that modelled by Revenue Review due to size of shadow economy (30-50% GDP of Vanuatu) leading to low compliance. In addition, introducing complex taxes will incur significant tax administration costs that are currently underestimated in the model by Revenue Review. Corporate income tax collection process would be inefficient as a large share of businesses would contribute insignificantly to corporate income tax collections while cost of administration would be borne by all tax-payers. The principle of equity and fairness is not accomplished by the proposed reforms as 97% of personal income tax burden would be borne by 9% of the working population. Furthermore, Foreign Direct Investment is expected to be severely hit as a result of the introduction of taxes leading to lower economic growth and employment rate.

Abolishing fees and charges will only benefit those who will no longer need to pay them and not the public at large. There will not be any material gain to the businesses as the introduction of income and corporate tax will increase cost structure of businesses. Reducing import duties will have little benefit on prices as businesses will increase prices to compensate for income tax and majority of reduced import duties will be retained by large retailers and importers. Income and corporate taxes are claimed to not be fair and effective because of their progressive tax rate structure, and the tax burden will be carried by only a small percentage of the population. Household data shows that majority of households spend all of their income on consumption, hence VAT is already progressive and easier to administer without causing any economic disruption and VAT ensures that everyone who purchases goods or services subject to VAT, contributes to government revenue.
Recommendations – In view of the above issues, I support the VCCI alternative proposal to augment government revenues. Increasing VAT rate to 17.5% and reducing 50% of the proposed offsets along with VAT exemptions on first necessity items would ensure comparable revenue inflow and progressivity. These measures supplemented by land value tax, reduction of import duties and sale of unproductive government assets will produce net proposed surplus similar to the model proposed by Revenue Review. In addition, the expenditure changes suggested by Revenue Review must be reconsidered.

Hidden Agenda –Revenue Review claims that the tax reform is focused around improvements to the financial system of Vanuatu and for funding public sector services. However, in reality, I agree with the VCCI that the reform is primarily driven by the hidden agenda of the Government and OECD countries. As Vanuatu is not collecting information regarding Tax Identification Number, transactions and balances of Vanuatu citizens, third parties are interested in pushing these reforms to acquire this information. Such a reform would be costly to implement, and not beneficial to Vanuatu. The benefits would be obtained by other countries through Common Reporting Standard system (CRS) without cost.

The future of Vanuatu’s Offshore Financial Centre is now clouded. With the introduction of personal and corporate taxes, Vanuatu would lose its competitive position as a low tax jurisdiction and offshore financial companies would completely disappear.

We hope that the arguments presented against the proposed tax reforms will be closely examined to facilitate an open public discussion of major concerns of stakeholder groups which are not being fairly represented currently.

This is the view taken by the Private Sector Representative on the Vanuatu Revenue Review Committee in relation to the introduction of an income tax, Thomas Bayer, President of Vanuatu Chamber of Commerce and Industry (VCCI). He supports the recommendations put forward by the VCCI in their formal submission and does not support the recommendations of the Vanuatu Revenue Review Committee in respect to the proposed income tax. VCCI has not yet received a reply from the Vanuatu Revenue Review Committee in response to its VCCI public proposal.

VCCI Brief News 15 May

 PACER PLUS & OTHER TRADE AGREEMENTS MEETING TUESDAY 16 MAY 2017

 

VCCI advise local businesses that the Meeting on PACER-Plus Trade Agreement, MSG TA3, China Trade Agreement with Pacific Island countries including Vanuatu, and Vanuatu New Caledonia Trade Agreement will be held on Tuesday 16 May 2017 at 3pm at VCCI.

For more information on the meeting, please contact VCCI at 27543 or by email at [email protected]

 

PRIVACY WORKSHOP 16 MAY 2017

 

Privacy workshop will discuss online privacy-related issues at the local and national level, bringing together key stakeholders for a solution-driven discussion on the following issues:  increase end-user awareness and making privacy tools available to citizens, especially to digital natives in Vanuatu and the Pacific, develop appropriate frameworks for online privacy in small island economies, and provide guidance on privacy issues around emerging technologies.

 

The initiative is motivated by recent developments in Asia-Pacific as online privacy is a growing concern. According to the 2016 annual survey of the Internet Society on policy issues in the Asia-Pacific, cybersecurity and privacy replace e-commerce and cloud computing in the top five most monitored policy areas. The survey also reveals that 59% of the respondents believe that their privacy is not sufficiently protected when they use the Internet, and 52% believe that Internet security-related policies do not align with their right to privacy.

 

In recent years, Small Island developing states (SIDS) in the Pacific such as Vanuatu has witnessed an uptick in Internet use due to increased international connectivity, more government enacting universal access provisions and more providers for Internet services. More Internet users mean that more people need to be aware and educated of the importance of Online Privacy. For countries like Vanuatu, a major holdback to the country’s pursuance of its digital financial inclusion agenda is due to the issue of online privacy and personal data protection.

 

For its significance to businesses, it will enable them to share their perspective and concerns and ensure that these are taken into consideration as Vanuatu develops policies and guidelines on online privacy.

It will also help them understand better emerging privacy issues that may have implications on the way they conduct business, especially online. It will also provide them with tools, advice they can use to prevent privacy risks like online fraud, data breaches etc

 

Co-hosted by the Office of the Government Chief Information Officer (OGCIO) and the Telecommunications and Radio-communications Regulator (TRR) of Vanuatu, the one-day workshop will be a combination of panel discussions and roundtable sessions.

 

Date: 16 May 2017

Time: 9.30am to 5pm

Venue: National Convention Center

The Privacy Workshop is opened to local businesses.

VCCI ANNUAL GENERAL MEETING POSTPONED TO 18 MAY 2017

 

The Vanuatu Chamber of Commerce and Industry (VCCI) advise that the Annual General Meeting will be held on Thursday 18 May at 5pm at VCCI Conference Room.

The Agenda will include a welcome by President, approval of Minutes of AGM held on 26 May 2016, matters arising from the Minutes, Annual Report Year 2016, Financial Statements for the Year Ended 31/12/2016, Auditors Report, election of Council Members, and major issues affecting Businesses: update on Income Tax. Light refreshments will be served after the meeting.

All Businesses who have a Business License, are automatically members of VCCI and are invited to attend.

The Councillor positions for the sectors of Tourism, Finance, Small Commerce, Shipping and Public Utilities are vacant. If your business operates in one of these economic sectors and you are interested in becoming a VCCI Councillor, please contact now the VCCI Reception for more information by phone on 27543 or by email at [email protected]

 

Export Capability Building Workshop 21 July 2017

 

Pacific Trade and Invest (New Zealand) in conjunction the Vanuatu Chamber of Commerce and Industry (VCCI), will be conducting a free one day workshop to assist business owners In Vanuatu who are thinking of entering the export market particularly to New Zealand.

The workshop is aimed at businesses that are currently selling products in Vanuatu and that see the export market as a growth opportunity. The objective is to increase business owner’s knowledge and build their capability to be successful in the export market.

This workshop is the first step in a 6 step Pacific Path to Market programme that culminates in several participating companies participating in a Trade Mission to NZ in March 2018 to showcase their products, to see the NZ market themselves and to meet potential buyers.

The topics covered during the workshop will be:

  • The attributes of a successful export company.
  • The attributes of a successful export product.
  • What you should understand about your customers.
  • The power of your packaging and how to use it to your advantage.
  • The NZ market – size, segments and consumers.
  • Market access regulations and your supply chain.
  • Setting prices for your products.
  • Tips on selling your products.
  • How to select a distributor and manage the relationship.
  • Identifying the capability gaps that need to be addressed.

What:                         Export capability building workshop

When:                       Friday 21 July 2017 from 8.30am to 4.30pm

Where:                     Melanesian Hotel, Port Vila

How:                         Register you interest with VCCI – phone 27543 or email

[email protected]

 

 Bali Process Government & Business Forum 2017

 

If you, a local business man or business woman, are interested in attending the Bali Process Government and Business Forum 2017 to work with government Ministers from the 45 member countries of the Bali Process and UN member organisations to eradicate modern slavery, such as, human trafficking and forced labour, launched in Perth, Australia, from 24 to 25 August 2017, please advise VCCI Reception on 27543 or contact by email at [email protected]

 

PRIVATE SECTOR PART OF VANUATU DELEGATION COP23

 

The National Advisory Board on Climate Change and Disaster Risk Reduction (NAB) under the Ministry of Climate Change of Vanuatu, through its United Nations Framework Convention on Climate Change (UNFCCC) Taskforce, is expanding its UNFCCC Engagement program in the lead up to Conference of the Parties COP23 to be held from 6 to 17 November 2017, in Bonn, Germany.

This year Vanuatu is looking to build a national delegation towards COP23 that will harness the scope of expertise and experience available across all government sectors, national academia, and private sector and civil society partners. The Taskforce is specifically requesting private sector representatives with expertise in climate finance and mitigation. Funding is provided by funding donors in the Climate Change sector.

If you, a local business man or business woman, are interested in Climate Finance and Mitigation, have an expertise in these two areas, and are willing to be part of the Vanuatu Delegation to attend the 23rd United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP23) from 6 to 17 November 2017, in Bonn, Germany, please call now VCCI Reception on 27543 or contact by email at [email protected] to register your name and contact details.