At the meetings, the Prime Minister said that the Vietnam-Brazil relationship is continuing to develop well with high political trust, especially when the two countries are preparing to elevate their relationship...
According to the special correspondent of the Vietnam News Agency, during the program of attending the G20 Summit and bilateral activities in Brazil, on the morning of November 17 local time, in Rio de Janeiro city, Prime Minister Pham Minh Chinh received leaders of four leading Brazilian corporations, including aerospace corporation Embraer, the world's leading meat producer JBS, the leading American trading corporation Oceanside One Trading and Alterosa Corporation operating in the field of smart cards.
At the meetings, the Prime Minister said that the Vietnam-Brazil relationship continues to develop well with high political trust, especially when the two countries are preparing to upgrade their relationship; bilateral trade turnover will reach more than 7.1 billion USD in 2023, and 6.58 billion USD in the first 10 months of 2024.
According to the Prime Minister, the two countries have many things in common, including high political trust, economies and markets that complement each other, close cultures, sincere feelings, and the same desire for peace and national development, with great room for cooperation and development.
This is a good foundation to continue promoting economic-investment-trade cooperation activities between the business communities of the two countries. Welcoming the effective business activities of the corporations in recent times despite the fluctuations of the world situation, the Prime Minister suggested that the corporations come to cooperate and invest more with Vietnam in the spirit of "what is said is done, what is committed must be done, what is done must bring about specific, measurable results," "listening and understanding together; sharing vision and action together; working together, winning together, developing businesses and developing the country together; enjoying joy, happiness and pride together."
The Vietnamese Government is continuing to improve the investment and business environment, reform administrative procedures and is committed to always creating favorable conditions, in accordance with legal regulations, for Brazilian corporations and investors to invest effectively and sustainably, including appropriate visa policies.
During the meeting between Prime Minister Pham Minh Chinh and the leaders of Embraer Aerospace Corporation - the world's third largest commercial aircraft manufacturer, which has cooperated with Vietnam's Bamboo Airways to operate 5 Embraer aircraft and is currently continuing to discuss with domestic partners to expand cooperation with Vietnam, Mr. José Serrador, Global Vice President of Embraer, affirmed his desire to promote comprehensive cooperation with Vietnam.
Embraer has a strategy and commitments for cooperation with Vietnam in the coming time, especially in exploiting flights from Hanoi to Ho Chi Minh City, Con Dao... and defense trade cooperation, displaying products at the Vietnam International Defense Exhibition 2024.
The group's leaders assessed that the bilateral relationship in general and Embraer's cooperation with Vietnamese partners in particular were strongly promoted after the Prime Minister's visit to Brazil in September 2023.
Prime Minister Pham Minh Chinh said that Vietnam is studying and exploiting new development spaces including outer space, underground space, and sea space. At the same time, Vietnam has many advantages to develop the aviation sector such as favorable geographical location, a range of about 5 hours of flight from Vietnam covers an area accounting for about 60% of global GDP.
On the other hand, the demand for aviation in the world in general and in Vietnam in particular will increase, along with the increase in income, living standards of people and the trend of exchange and cooperation. Therefore, Vietnam wants to become an aviation hub and wants to promote cooperation with partners, including Embraer.
In the spirit of implementing cooperation "from small to large, from low to high, from simple to complex," the Prime Minister suggested that Embraer Group consult with Vietnam in developing the aviation sector; continue to discuss with Vietnamese partners (such as Vietnam Airlines, Vietjet, Bamboo...) to move towards specific cooperation activities, bringing practical benefits to both sides such as implementing commercial contracts, helping Vietnamese airlines develop sustainable fleets, improve operational efficiency, and ensure flight safety.
The Prime Minister proposed building human resource training centers, pilot training centers, warranty centers; cooperating in technology transfer; cooperating in building and operating airports; researching and investing in Vietnam and promoting cooperation in other fields such as defense trade, search and rescue, etc.
Next, the Prime Minister received Mr. Celso Nunes, Director of Innovation of Alterosa Group, a group operating in the field of providing payment solutions and payment card products, smart cards and financial technology services.
The leaders updated the group's operations in Brazil; highly appreciated the potential for cooperation with Vietnam; reported on the direction of operations and cooperation with Vietnamese partners, especially in the field of card products.
Welcoming Alterosa's activities in Vietnam and emphasizing the great potential and opportunities for cooperation, the Prime Minister suggested that Alterosa expand cooperation with Vietnam in both scope and subjects, especially in digital security authentication solutions and smart cards, contributing to building digital infrastructure, promoting digital economy, building digital society, digital government, digital citizens, developing the fields of artificial intelligence, cloud computing, Internet of Things, cooperating with the National Innovation Center of Vietnam, promoting innovation, developing financial centers...
At the meeting with the Prime Minister, Mr. Marcio Rodrigues, CEO of JBS (SEARA's parent company) said that SEARA (1956) is a leading meat producer, with the largest industrial chicken production in Brazil.
SEARA merged with JBS (the world's largest producer and processor of animal meat products) in 2013. In 2023, the group's revenue reached 8.3 billion USD with more than 65,000 employees worldwide.
Mr. Marcio Rodrigues highly appreciated the opportunity for investment and business cooperation with Vietnam despite the geographical distance between the two countries. He said that JBS has cooperated and invested with many Vietnamese partners and wants to choose Vietnam as a strategic location to serve the Asian region, especially in the fields of livestock and poultry slaughter, food security, dairy industry, leather tanning, etc.
Wishing for JBS to have a larger, deeper and wider presence in Vietnam in the coming years, the Prime Minister suggested that the group's leaders soon come to Vietnam to learn more about cooperation opportunities, strengthen cooperation to expand the supply chain, bring Vietnam's rich agricultural products to Brazil and the global market, and invest in factories in Vietnam in the fields of tanning, production, processing and export of livestock and poultry meat.
At the meeting with the Prime Minister, Mr. Roger Zen, Chairman and CEO of Oceanside One Trading Group, updated the group's operations and discussed opportunities to expand investment and business cooperation with Vietnam.
Oceanside One Trading (2000) is a leading trading group in the Americas, headquartered in the US and many subsidiaries in Brazil, operating mainly in the field of commodity trading such as: chemicals, oil and gas, tires, fertilizers, nitrogen... In 2023, the group's revenue reached more than 500 million USD with a commercial presence in more than 50 countries and territories.
In Vietnam, the group has signed a cooperation agreement to export automobile tire products with a subsidiary of the Vietnam Chemical Group to the Brazilian market with a total value of 120 million USD, with the goal of increasing export output to the US and Brazilian markets from 70 million USD to 150 million USD/year in the coming time.
Mr. Roger Zen highly appreciated the potential for cooperation with Vietnam on the basis of the good friendship between the two countries, similar cultural backgrounds, and economies with complementary strengths; said that the group hopes to continue to buy more goods from Vietnam and sell more goods to Vietnam, increasing the trade turnover between the group and Vietnam by 15-20% each year, bringing benefits and a better future to farmers and their families.
Welcoming the ideas and cooperation plans of Oceanside One Trading, the Prime Minister hoped that the Group would contribute ideas to Vietnam in building and perfecting institutions, responding promptly and effectively to the situation with policies; continuing to promote trade cooperation and investment research, bringing more and more Vietnamese products and goods to global consumers and bringing Vietnam deeper into the global supply chain; promoting complementary strengths such as Brazil's vast land with few people, Vietnam's small land with many people, effectively exploiting the market of more than 200 million people of Brazil and more than 100 million people of Vietnam.
Noting that Vietnam has a potential consumer market with a population of over 100 million and a growing middle class, has signed 17 FTAs with more than 60 leading economies in the world, and is geographically close to major markets such as China, ASEAN, Japan, and South Korea, the Prime Minister asked JBS and Oceanside One Trading to support the promotion of negotiations on a new generation free trade agreement between Vietnam and the South American Common Market (Mercosur) and Brazil, as well as investment protection agreements.
The Prime Minister also said that to overcome the geographical distance between the two countries, Vietnam is strongly developing its shipping fleet and building large transit ports to reduce transportation and logistics costs.../.
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