(MPI) - On February 14, 2025, at the headquarters of the Ministry of Planning and Investment, Deputy Minister Nguyen Thi Bich Ngoc received Mr. Renato Costa, CEO of JBS Food Company, Brazil - the world's leading group in the field of food processing. Also attending was Brazilian Ambassador to Vietnam Marco Farani.
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| Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc received CEO of JBS Food Company, Brazil Renato Costa. Photo: MPI |
At the reception, Deputy Minister Nguyen Thi Bich Ngoc highly appreciated and welcomed JBS Group for actively researching and organizing a delegation to Vietnam to explore opportunities to expand investment cooperation; saying that this is a very suitable time when Vietnam is currently in the group of 15 developing countries attracting the largest FDI in the world, signed 17 Free Trade Agreements (FTAs) as well as being a potential market and gateway to the ASEAN region.
The Deputy Minister also expressed his delight that the Vietnam-Brazil relationship continues to make positive progress, especially the two countries upgraded their relationship to a Strategic Partnership in November 2024, during the Vietnamese Prime Minister's visit to Brazil to attend the G20 Summit. Brazil is currently Vietnam's largest trading partner in Latin America and second in the Americas. Vietnam is Brazil's largest trading partner in ASEAN.
The Deputy Minister emphasized that the Vietnamese Government always wishes to promote stronger bilateral trade and investment relations with Brazil; at the same time, it will always accompany JBS Group to have favorable, effective and long-term investment activities in Vietnam on the motto of "mutual benefit".
The Ministry of Planning and Investment is ready to coordinate with relevant ministries, branches and localities and provide more specific guidance during the process of JBS Group researching, surveying opportunities and implementing investment and business activities, the Deputy Minister said.
For his part, Mr. Renato Costa said that the business trip aimed to discuss with Vietnamese agencies and potential partners to learn about investment opportunities and survey suitable markets so that JBS Group can penetrate more deeply into the Vietnamese market in particular and the Southeast Asian region in general.
Mr. Renato Costa expressed his hope that the Vietnamese Government would continue to open its market for the Group’s livestock and poultry products and create favorable conditions for the Group to do business and expand its investment here; at the same time, he emphasized his commitment to continue to further promote connections between Brazilian and Vietnamese enterprises to promote cooperation and learn more about Vietnam’s investment strategies and orientations./.
Source: https://www.mpi.gov.vn/portal/Pages/2025-2-14/Minister-Nguyen-Thi-Bich-Ngoc-tiep-lanh-dao-Tap-edjtbb.aspx
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