Vietnam has just granted a license, Brazil immediately invested in a beef processing plant to penetrate ASEAN

Prime Minister Pham Minh Chinh and Brazilian President Lula da Silva at the business forum between the two countries - Photo: DOAN BAC

On March 29, as part of his state visit to Vietnam, Brazilian President Luiz Inácio Lula da Silva attended and delivered a speech at the Vietnam-Brazil Business Forum in Hanoi. Also attending and welcoming him to Vietnam was Prime Minister Pham Minh Chinh.

Become a gateway for each other's goods

At the event, the business communities of the two countries were introduced to the potential, strengths and investment cooperation desires of each side. Delegates also proposed solutions to promote cooperation between the two countries, especially in areas such as aviation, mechanics, agriculture, minerals, etc.

Although Vietnam and Brazil are geographically far apart, according to Brazilian President Lula da Silva, the two countries are very close and share many common values.

He cited that Vietnam has a market of more than 100 million people, while Brazil has 196 million people. Both countries have diverse and unique cultures, especially their love for football. In addition, Vietnam and Brazil are also the two largest coffee producers and exporters in the world.

The Brazilian President shared that he visited Vietnam not only as head of state but also as a close friend of the S-shaped land - Photo: DOAN BAC

The Brazilian leader affirmed that with much room and good relations, the two-way trade turnover of only 8 billion USD is still a modest figure. Therefore, both sides need to do more, taking advantage of the signed agreements and deals.

He gave an example of Vietnam allowing the import of beef from Brazil. With the green light from Vietnam, Brazil will immediately invest in beef processing plants to penetrate the ASEAN market through Vietnam.

In the opposite direction, Brazil is ready to be the gateway for Vietnamese goods to enter the South American Common Market (MERCOSUR) bloc of which it is a member. Currently, this bloc of four countries is the world's fifth largest economy.

Introducing the cooperation potentials that Brazil has strengths in such as aviation, biofuel, sports, agriculture, etc., President Lula da Silva suggested that businesses of the two countries, especially private enterprises, connect with each other and promote investment cooperation activities.

In particular, he suggested that the two sides study the establishment of joint funds to promote investment and develop science and technology, creating favorable conditions and trust for businesses of the two countries to cooperate and invest.

Cooperate in areas of strength to become stronger

For his part, Prime Minister Pham Minh Chinh affirmed Vietnam's consistent stance of supporting an independent, strong, powerful Brazil with an increasingly important role in the region and the world.

Vietnam is ready to participate in Brazilian initiatives that contribute to peace, stability, cooperation and development in the world, especially the anti-poverty initiative.

The Head of Government also proposed a number of directions for businesses of both sides to cooperate, contributing to bringing trade commensurate with the strategic partnership.

For example, in areas where both sides have strengths, they can cooperate, such as researching the establishment of coffee trading floors. Brazil also has strengths in minerals, while Vietnam is in need of strong development of the metallurgical industry.

The Prime Minister highly appreciated Brazil's investment in a beef processing plant immediately after Vietnam opened its market for this product, clearly demonstrating the spirit of "what you say is what you do, what you commit to, you must fulfill".

Football, a sport that both countries have a great passion for, was also mentioned by the head of the Vietnamese Government.

He said that there are currently many Brazilian players playing in Vietnam, some of whom have been naturalized and have made important contributions to helping Vietnam win the 2024 ASEAN Cup.

Prime Minister Pham Minh Chinh sends message to Brazilian investors - Photo: DOAN BAC

"The sincere and warm feelings we have for each other can be clearly felt. Cooperation between the two sides has no limits, no obstacles, and we can cooperate in all areas," Prime Minister Pham Minh Chinh emphasized.

He proposed that the Brazilian Government support and promote the early launch of FTA negotiations between Vietnam and the MERCOSUR bloc.

In addition, creating a more favorable legal framework for bilateral business and trade activities through signing important cooperation documents such as investment protection agreements, agreements on labor, education and training, visa exemption, etc.

Towards businesses, the Prime Minister affirmed that Vietnam is committed to "3 guarantees" and "3 togethers" with the Brazilian business community and investors.

That is to ensure that the foreign-invested economic sector is an important component of the Vietnamese economy; to ensure the legitimate and legal rights and interests of investors; to ensure the maintenance of independence, sovereignty, political stability, security, safety and security of the people.

"3 together" includes: listening and understanding between businesses, the State and the people; sharing vision and action to cooperate and support each other for rapid and sustainable development; working together, winning together, enjoying together, developing together; sharing joy, happiness and pride.

Brazilian President visits Military History Museum

Brazilian President visits Vietnam Military History Museum - Photo: HUNG PHAM

Earlier on the morning of March 29, Brazilian President Lula da Silva and Vice President Vo Thi Anh Xuan visited the Vietnam Military History Museum. Here, he was introduced to the heroic history of the Vietnamese people's struggle to build and defend the country.

The Brazilian President was also introduced to an excerpt from the Declaration of Independence read by President Ho Chi Minh at Ba Dinh Square. On this occasion, Vice President Vo Thi Anh Xuan introduced the major celebrations that Vietnam will organize this year, including the 80th anniversary of the country's founding.

Calling himself a member of the "Vietnamese generation", the Brazilian leader has deep admiration and affection for the S-shaped land.

During his two previous presidential terms, he focused on promoting cooperation with Vietnam in many fields such as economics, trade, science and technology, renewable energy, education and training.

His tenure also witnessed milestones in bilateral relations, including the establishment of a Comprehensive Partnership with Vietnam in 2007 and the upgrading of relations to a Strategic Partnership in November 2024.

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Source: https://tuoitre.vn/viet-nam-vua-cap-phep-brazil-dau-tu-ngay-nha-may-che-bien-thit-bo-de-tham-nhap-asean-20250329174528763.htm