The Vice President of the Brazil Vietnam Chamber (BVC), Natã Oliveira, visited Vietnam’s Ministry of Finance in Hanoi on July 8 for a meeting with the Foreign Investment Agency (FIA). The meeting marked another important step in strengthening the partnership between BVC and the FIA, with a focus on identifying new business opportunities between Brazil and Vietnam.
A joint agenda taking shape
During the meeting, both parties discussed strategic areas of cooperation and began outlining a joint working agenda focused on promoting trade, investment, and long-term economic collaboration. The discussions also included an exchange of views on Vietnam’s current development priorities and the sectors where Brazilian companies and expertise can contribute to the country’s continued economic growth.
According to BVC, one of the most significant outcomes of the meeting was the strong interest expressed by the FIA in deepening its relationship with the Chamber, signaling a willingness to build a long-term partnership between the Vietnamese agency and the bilateral organization.
A target of US$15 billion in bilateral trade
The meeting is part of a broader effort between the two countries. Brazil and Vietnam have established a bilateral vision to significantly expand trade and economic cooperation, with the ambition of reaching US$15 billion in bilateral trade. The growing engagement between BVC and the FIA reinforces the shared commitment to supporting the implementation of this goal, connecting the public and private sectors of both countries.
In this context, BVC reaffirms its role as a bridge between governments and businesses in Brazil and Vietnam, connecting companies, facilitating investment, and creating opportunities that generate sustainable growth for both nations.
Next step: signing of an MOU
At the close of the visit, BVC thanked the FIA team for its warm reception and constructive dialogue, highlighting the agency’s willingness to move toward a long-term partnership. As the next step in this engagement, the two institutions are expected to move toward signing a Memorandum of Understanding (MOU), which is set to formalize the basis of cooperation between BVC and the FIA and pave the way for joint trade and investment promotion initiatives between Brazil and Vietnam.
