Rio de janeiro: Prime Minister Pham Minh Chinh met with executives of major Brazilian corporations to advance cooperation across multiple sectors in Rio de Janeiro city on July 7 (local time), as part of his trip to Brazil for the expanded BRICS summit 2025 and bilateral activities. At these meetings, the PM highlighted Vietnam’s current landscape, key development priorities, and its favourable investment and business environment. He also underscored the strong friendship between Vietnam and Brazil, particularly following the upgrade of bilateral ties to a Strategic Partnership in November 2024. Later the same day, PM Chinh, his spouse, and the Vietnamese delegation departed Rio de Janeiro for Vietnam, successfully concluding the trip.

According to Vietnam News Agency, the discussions between Prime Minister Pham Minh Chinh and the Brazilian corporations focused on strengthening economic and trade cooperation. The PM emphasized Vietnam’s commitment to creating an attractive environment for foreign investors,
highlighting sectors such as technology, agriculture, and energy as key areas for potential collaboration.

The meeting also served as an opportunity for Brazilian corporations to express their interest in exploring investment opportunities in Vietnam. The upgrade of bilateral relations to a Strategic Partnership was a focal point, as both nations aim to leverage this development to foster deeper economic ties.

Prime Minister Chinh’s visit to Brazil, which included participation in the expanded BRICS summit, was marked by efforts to enhance diplomatic and economic relations with one of South America’s largest economies. The successful conclusion of the trip is expected to pave the way for increased bilateral trade and investment between Vietnam and Brazil in the coming years.