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Brazil–Vietnam 2030: Strategy, Trade and Cooperation in a World in Transition

In March 2025, during the state visit of President Luiz Inácio Lula da Silva to Vietnam, Brazil and Vietnam agreed on an Action Plan for the period 2025–2030, a central instrument for the implementation of the Strategic Partnership established between the two countries. The document reflects a process of consistent rapprochement, whose acceleration has been observed since 2024, when the increase in high-level visits and alignment in multilateral forums — exemplified by Vietnam’s accession as a founding member of the Global Alliance against Hunger and Poverty — signaled a new phase in relations between Hanoi and Brasília.

The Strategic Partnership acquires particular relevance for both countries in a context of the reconfiguration of the global order and the search for greater diversification in foreign relations. The Action Plan translates this ambition into five priority pillars: deepening political dialogue, strengthening economic cooperation, intensifying trade and investment flows, reinforcing coordination on issues of the multilateral agenda, and advancing new initiatives for technical and sectoral cooperation. In the commercial sphere, the Action Plan builds on an already significant foundation. In 2024, Brazil and Vietnam recorded a bilateral trade record that reached US$7.7 billion, with a surplus of US$415 million in favor of Brazil. In 2025, trade remained at a high level, totaling US$7.4 billion, signaling the potential for stability and balance in the relationship.

This performance is largely driven by the dynamism of the Vietnamese economy. The strengthening of its industrial base, particularly in the textile sector, shows complementarity with Brazilian agricultural exports, while also converging with Brazil’s strategy of trade diversification. In light of this context, the Action Plan sets the goal of increasing bilateral trade to US$15 billion by 2030.

To deepen the understanding of the commitments undertaken within the framework of the Action Plan and the prospects that are emerging for the bilateral relationship, the event will bring together Brazilian and Vietnamese experts working in the partnership’s main areas. The initiative will focus on the prospects for agribusiness, technology, and trade.

Time:

10:00 to 11:30 a.m. (BRT)

Language:

English

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In March 2025, during the state visit of President Luiz Inácio Lula da Silva to Vietnam, Brazil and Vietnam agreed on an Action Plan for the period 2025–2030, a central instrument for the implementation of the Strategic Partnership established between the two countries. The document reflects a process of consistent rapprochement, whose acceleration has been observed since 2024, when the increase in high-level visits and alignment in multilateral forums — exemplified by Vietnam’s accession as a founding member of the Global Alliance against Hunger and Poverty — signaled a new phase in relations between Hanoi and Brasília.

The Strategic Partnership acquires particular relevance for both countries in a context of the reconfiguration of the global order and the search for greater diversification in foreign relations. The Action Plan translates this ambition into five priority pillars: deepening political dialogue, strengthening economic cooperation, intensifying trade and investment flows, reinforcing coordination on issues of the multilateral agenda, and advancing new initiatives for technical and sectoral cooperation. In the commercial sphere, the Action Plan builds on an already significant foundation. In 2024, Brazil and Vietnam recorded a bilateral trade record that reached US$7.7 billion, with a surplus of US$415 million in favor of Brazil. In 2025, trade remained at a high level, totaling US$7.4 billion, signaling the potential for stability and balance in the relationship.

This performance is largely driven by the dynamism of the Vietnamese economy. The strengthening of its industrial base, particularly in the textile sector, shows complementarity with Brazilian agricultural exports, while also converging with Brazil’s strategy of trade diversification. In light of this context, the Action Plan sets the goal of increasing bilateral trade to US$15 billion by 2030.

To deepen the understanding of the commitments undertaken within the framework of the Action Plan and the prospects that are emerging for the bilateral relationship, the event will bring together Brazilian and Vietnamese experts working in the partnership’s main areas. The initiative will focus on the prospects for agribusiness, technology, and trade.

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