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Вьетнам Brazil
24.01.25 12:26
Economics

Vietnam strengthens ties with Brazil's state to create trade representative offices for boosting strategic partnership

Both parties endorsed an initiative to create a dedicated space for showcasing Vietnamese and Brazilian products

Vietnamese Ambassador to Argentina, Bui Van Nghi, concluded a working visit to Brazil’s Espirito Santo state, aiming to enhance economic, trade, investment, and educational cooperation between Vietnam and the Brazilian locality.

During a meeting with Governor Renato Casagrande, Ambassador Nghi called for the establishment of trade representative offices to capitalise on the strategic partnership between Vietnam and Brazil, as reported by Vietnam News Agency, a partner of TV BRICS.

Both parties endorsed an initiative to create a dedicated space for showcasing Vietnamese and Espirito Santo products, aiming to strengthen economic ties and cultural exchange.

Ambassador Nghi also praised the region’s modern seaport infrastructure and strengths in natural resource extraction, agriculture, and tourism. He pledged to act as a bridge, fostering twin relations between Vietnamese and Brazilian localities with similar economic and natural conditions.

According to the source, trade between Vietnam and Brazil reached a record US$7.9 billion in 2024, up from US$7.1 billion in 2023. The representative offices are expected to boost trade and economic exchanges between the two countries.

Photo: iStock


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