Vietnamese and Brazilian firms seek new opportunities for agriculture and commerce cooperation

Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), Nguyen Quang Vinh, met with Mr. Wilson Gambogi Pinheiro Taques, Chief of Staff of Brazil's Minister of Agriculture and Livestock.

Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) Nguyen Quang Vinh and Chief of Staff to the Minister of Agriculture and Livestock of Brazil Wilson Gambogi Pinheiro Taques.

At the meeting, VCCI Vice President Nguyen Quang Vinh underlined that Vietnam-Brazil ties have been improving significantly, not only politically but also economically and commercially. Recent high-level visits have proven both governments' willingness to strengthen bilateral ties and progress toward a comprehensive partnership. This lays a solid platform for the two nations' corporate community to strengthen collaboration in the future years, particularly in industries where both sides excel.

Mr. Wilson Gambogi Pinheiro Taques, representing Brazil, stated a wish to deepen cooperation in agriculture and cattle. He remembered a key moment in July 2025, when Prime Minister Pham Minh Chinh and Brazilian President Lula da Silva watched the first cargo of Brazilian beef shipped to Vietnam, as well as the clearance of Vietnam's first exports of pangasius and tilapia to Brazil.

"This event is not only symbolic, but also the start of a meaningful phase of cooperation, which will contribute to market diversification and increase both nations' agricultural trade value", said Mr. Wilson Gambogi Pinheiro Taques.

Both sides are committed to advancing economic and agricultural relations in a substantive and sustainable manner.

Mr. Taques further stressed that Brazil is a stable supplier of soybeans and soymeal to Vietnam, which are key commodities for production and animal rearing. Brazil has already developed a foothold in Vietnam's footwear industry, employing over 700 people in Ho Chi Minh City. Notably, JBS Group, one of the world's largest food processing corporations, intends to invest $100 million in the Vietnamese industry.

According to Mr. Taques, these initiatives not only reinforce Brazilian enterprises' interest in Vietnam, but also generate prospects for long-term collaboration, therefore directly contributing to the expansion of bilateral economic relations. He also thanked VCCI for its warm greeting and stated that Brazil is willing to develop collaboration in a variety of industries.

In response, VCCI Vice President Nguyen Quang Vinh expressed his appreciation for Brazil's initiatives and highlighted numerous possible areas of collaboration that the two nations may jointly push in the future, with coffee being viewed as a crucial industry.

The VCCI Vice President noted, "Brazil is a coffee production powerhouse, whereas Vietnam is also one of the world's leading exporters, although producing just around one-fourth of Brazil's. If the two nations cooperatively study the potential of forging a coffee production and export partnership, both sides would profit significantly."

The meeting opened up new avenues of cooperation and reinforced Vietnam–Brazil economic relations.

According to VCCI Vice President Nguyen Quang Vinh, growing collaboration in food goods like as chicken, beef, and pork, as well as industrial sectors such as footwear, would help to strengthen bilateral trade and investment ties. The active engagement of VCCI's community of over 200,000 member firms will be a major driving factor in making cooperation initiatives with Brazil a reality.

The VCCI Vice President emphasized that Vietnam welcomes and encourages investments from Brazil, as they not only create opportunities for closer business ties between the two countries, but also help Brazil strengthen its position and become a prominent investor in Vietnam and the region.

VCCI Vice President Nguyen Quang Vinh stated his optimism that in the near future, VCCI and Brazilian partners would have more opportunities to sign agreements, share ideas, and carry out tangible cooperation projects, notably in agriculture, processing industries, and high technology. He stated that Vietnam is eager to learn from Brazilian firms' experiences and growth patterns, hence propelling bilateral economic and trade relations to new heights worthy of the potential and aspirations shared by both sides.