Sri Lanka–Viet Nam Business Council Launched to Promote Trade and Investment between Sri Lanka and Viet Nam by the Ceylon Chamber of Commerce. The Council aims to expand bilateral trade, attract investment and create stronger commercial partnerships between businesses in both countries.
The launch was attended by the Ambassador of Viet Nam to Sri Lanka and the Maldives, Trinh Thi Tam; Chairperson of the Ceylon Chamber of Commerce, Krishan Balendra; Secretary General and CEO of the Chamber, Shiran Fernando; and senior representatives from the business community and government institutions.
The Council, the 22nd bilateral business council under the Ceylon Chamber of Commerce, was first announced in May 2026 at the Sri Lanka–Viet Nam Trade, Investment and Tourism Cooperation Forum. A total of 30 companies joined as inaugural members, reflecting private sector interest in expanding commercial ties between the two countries.
Opportunities Across Key Sectors
Speaking at the launch, Krishan Balendra highlighted opportunities for greater cooperation in manufacturing, agriculture, logistics, tourism, information and communications technology (ICT), renewable energy and professional services.
Ambassador Trinh Thi Tam highlighted the importance of stronger business-to-business connections as Sri Lanka and Viet Nam work towards a bilateral trade target of US$1 billion by 2030. She also reaffirmed the Embassy’s commitment to supporting the Council’s activities.
Mahen Kariyawasan, Managing Director of Andrew the Travel Company, was appointed the Council’s inaugural President. Suranjaya Rajaguru, Director of Millennium Transportation (Pvt) Ltd, was appointed Senior Vice President, while Kamal Wimalaratne, Chief Executive Officer of Hayleys Engineering, was appointed Vice President. Malith Thilakarathne of Nations Trust Bank PLC was appointed Treasurer.
The Executive Committee will also include representatives from AgStar PLC, Aitken Spence Cargo, Hirdaramani International Exports (Pvt) Ltd, Linea Aqua (Pvt) Ltd and Maliban Biscuits (Pvt) Ltd.
Supporting Bilateral Trade and Investment
The Sri Lanka–Viet Nam Business Council aims to connect businesses, identify market opportunities and facilitate partnerships that can contribute to increased trade and investment. It will also provide Sri Lankan and Vietnamese enterprises with a platform to explore commercial ventures, business delegations and investment opportunities.
The establishment of the Council represents a further step towards expanding economic cooperation between Sri Lanka and Viet Nam and creating opportunities for businesses in both markets.
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