Chamber News

Hello everyone, We are pleased to share an important update for businesses affected by the recent earthquake. The Vanuatu Rural Development Bank and BRED bank are currently offering an Earthquake Recovery Stimulus Loan. This loan features a favourable interest rate of 2%, with the Reserve Bank providing the necessary collateral for this stimulus package. The purpose of this loan is to help private sector business owners recover and build back after the devastating earthquake. Click on this link to view the loan requirements (ENGLISH) Click on this link for loan requirements (BISLAMA) Click on this link for application form (ENGLISH) If your business has been impacted and you meet the criteria, we encourage you to consider this opportunity. Please feel free to share this information…

The purpose of the Employers’ Guidebook is to assist employers in complying with Vanuatu’s employment and labour laws, and to provide employers with tools to be responsible employers. Click here to download this important resource!

Dear members, I’m pleased to share with you the 2025 VCCI Business Health Check Report, which presents a vital snapshot of the current state of Vanuatu’s private sector in the wake of the December 2024 earthquake. With insights from nearly 600 businesses across all six provinces, this report reveals the ongoing challenges and resilience of our business community, including: An average 35% decline in revenue for businesses with staff 569 jobs lost, primarily in Port Vila 54% drop in income for sole traders 47% of businesses reporting no planned investment in the year ahead Tourism remains severely impacted, with air arrivals at just 49% of 2019 levels Despite these challenges, the report also outlines areas of opportunity—especially in rebuilding efforts, the construction sector, and the…

VCCI is happy to announce that it will again be supporting local businesses to access the Government’s business support stimulus (post-earthquake relief). Please come to see our helpful customer service officers to receive assistance in submitting your applications from 8am to 5pm daily at our new office in Tassariki behind PVIS School. Information about the wage subsidy scheme and business grant is below. Red Zone maps available or download here. What is the Stimulus? The Government is providing businesses with financial support. There are two ways they are doing this: The Small Business Grant (SBG) has been designed for those vendors operating at the mama’s market and handicraft haus, displaced by the earthquake – a 3 month payment of 62,000vt per month, covering January to…

The Vanuatu Chamber of Commerce and Industry (VCCI) is Vanuatu’s National Private Sector organisation, providing business representation, support and development services across the country. VCCI’s success is credited to the support from its long-standing partners and effective collaborations with its wide range of stakeholders, including Government policy makers, development partners, and most importantly the private sector. Our mission is to support, foster and advocate for a vibrant, sustainable business community for Vanuatu. The achievement of this mission will require continued support from our partners. In pursuit of such efforts, VCCI is seeking a credible entity or developer to express interest in developing its land property located in Port Vila township, opposite Shefa Provincial Office. The key features of this property are summarized in the table…

The Council is comprised of 16 members of the private sector, experienced in managing their own businesses and dedicated to advancing their industry sectors. By serving on the Council, these members exercise a major impact on the strategic direction of the VCCI. Recognized for their contributions by the business community, the Council members support VCCI in its mission to develop and support economic growth for all business types in Vanuatu. The Council is comprised of 16 elected positions, each serving two-year terms. Elected Council members serve as individuals; however, to be nominated for and serve on the Council, a person must be a member of the association for the sector they represent, if such an association exists. This year 6 seats are available for the…