On the afternoon of March 28, at the Government Headquarters, Politburo member and Prime Minister Pham Minh Chinh met with Brazilian President Luiz Inacio Lula da Silva, according to the Ministry of Foreign Affairs.
Prime Minister Pham Minh Chinh and President Luiz Inacio Lula da Silva especially welcomed the signing of the Action Plan for the implementation of the Vietnam - Brazil Strategic Partnership; affirmed to continue to closely coordinate to implement the agreed directions and measures to concretize the new framework of relations for the period 2025 - 2030 in an effective and substantial direction.
President Luiz Inacio Lula da Silva and Prime Minister Pham Minh Chinh also expressed their satisfaction with the impressive development of bilateral trade, with turnover in 2024 reaching approximately 8 billion USD and reaffirmed their determination to increase bilateral turnover to 15 billion USD by 2030.
The two sides agreed to increase sharing of good experiences in national governance, implementation of socio-economic policies; strengthen scientific and technological cooperation, especially in foundational industries such as manufacturing industry, supporting industry, processing agricultural products, new materials, chemicals, renewable energy, contributing to supporting the green and sustainable growth goals of the two countries.
Prime Minister Pham Minh Chinh thanked President Luiz Inacio Lula da Silva and the Brazilian Government for their decision to recognize Vietnam's market economy regulations, facilitating businesses of the two countries to access each other's markets in a fair and mutually beneficial manner.
The Prime Minister announced that Vietnam is ready to open the market for Brazilian beef in the overall agricultural product market opening package that will be agreed upon between the two countries, including pangasius and shrimp products of Vietnam.
The Prime Minister welcomed large Brazilian enterprises considering investing in Vietnam, including JBS S.A. Group, in the food processing sector. The Prime Minister affirmed that he will direct Vietnamese ministries and branches to create favorable conditions for the trade and investment activities of Brazilian enterprises in Vietnam, especially in the fields of aviation and minerals.
President Luiz Inacio Lula da Silva agreed to direct Brazilian authorities to actively consider Vietnam's proposal to soon start negotiations on a trade framework agreement between Vietnam and the South American Common Market (MERCOSUR) to facilitate businesses from both sides to access each other's markets and connect the supply chain, bringing substantial results to businesses and people of the two countries.
The two leaders also agreed to urge Brazilian ministerial, sectoral, local and business delegations to continue exchanging during and immediately after the visit of the Brazilian President to concretize high-level bilateral agreements; agreed to regularly, effectively and flexibly implement the mechanism of the Joint Committee on Economy - Trade and Political Consultation, and establish appropriate mechanisms to regularly review and coordinate the implementation of the new framework for relations.
The two sides also appreciated the potential for cooperation between the two football backgrounds, agreed to encourage cooperation and youth football training, both at club and national team levels, contributing to the friendship between the two peoples.
