Brazil and Vietnam signed an agreement for the trade of beef during Brazilian missions in Asia. The text was officialized in Hanoi, the Vietnamese capital, after a meeting between President Luiz Inácio Lula da Silva (PT) and President Luong Cuong.
According to Roberto Perosa, president of Abiec (Brazilian Association of Meat Exporting Industries), the agreement provides for the possibility of Brazil exporting 300 thousand tons of protein to the Vietnamese.
“Brazilian producers and the Brazilian beef industry will have more opportunities to diversify their product shipments abroad, ensuring domestic supply in Brazil and supplementing their income with exports to the Asian market. This is a very happy time for the beef industry,” he said.
Perosa added that “the country has everything it needs to become a strategic hub for Southeast Asia,” which could provide even more opportunities for Brazilian meat. Perosa accompanied the Brazilian delegation in Asia and said that good news also came from Japan, although the country’s market has not yet been effectively opened to Brazilian meat.
“In Japan, we took another step towards opening one of the largest markets in the world — with the potential to change the game for Brazilian exports. Taking our quality meat to new destinations is the result of a partnership between the private sector and the government. It means strengthening agriculture, generating income in the countryside and boosting Brazil’s economy.
See the full statement from the president of Abiec:
Agência Brasil: Brazil and Vietnam formalize Action Plan for the period 2025 to 2030
The document brings together initiatives to intensify dialogue and cooperation between nations and was signed this Friday (28/3), in Hanoi, during Lula's state visit to the Asian country
Brazil and Vietnam raised relations between the two countries to a new level this Friday (28/3), with the signing of the Action Plan for Implementation of the Strategic Partnership. The document was made official in Hanoi, the Vietnamese capital, after a meeting between President Luiz Inácio Lula da Silva and President Luong Cuong. “We have adopted a comprehensive action plan for the period 2025-2030, which will help us advance in several areas,” said Lula in a statement to the press, after meeting with the Vietnamese leader as part of the activities of his state visit to the Asian country.
The plan brings together priorities for bilateral relations in areas such as defense, economy, trade and investment; agriculture and food and nutritional security; science, technology and innovation; environment and sustainability; energy transition and sociocultural cooperation; and consular affairs. The Strategic Partnership aims to deepen political dialogue, reinforce economic cooperation, intensify the flow of trade and investment, strengthen coordination on issues on the multilateral agenda, and promote new cooperation initiatives. “My government is interested in recognizing Vietnam as a market economy. These and other measures will allow us to expand trade and investment flows between our countries,” Lula stressed.
SIGNATURES – In addition to the Action Plan, the meeting was marked by the signing of two agreements and two memorandums. The agreements address the exercise of paid activity by employees of diplomatic missions, consular offices and permanent missions to international organizations, in addition to the exchange and mutual protection of classified information. Brazil and Vietnam also signed a Memorandum of Understanding between the Ministry of Development, Industry, Trade and Services and the Ministry of Industry and Trade of Vietnam for commercial and industrial cooperation, in addition to a memorandum on partnerships related to football.
BEEF – The expansion of trade between the two nations foresees the opening of the Asian country to Brazilian beef. “The opening of the Vietnamese market to Brazilian beef will attract investments from Brazilian meatpackers to make this country an export platform for Southeast Asia,” he said.
ADDED VALUE – For Lula, in addition to exports related to the food sector, Brazil has the potential to invest in value-added products. “We have already contributed to Vietnam’s food security and we want to expand the export of higher value-added goods, including aircraft. I hope that Vietnam Airlines will positively evaluate Embraer’s offer for E-Jets, which are ideal for regional connectivity.”
MERCOSUR AND EXCHANGES – As he did during his trip to Japan, the Brazilian president highlighted his interest in bringing Vietnam closer to the Mercosur trade zone, in addition to promoting exchanges. “The Brazilian presidency of Mercosur, which will begin in July, will work towards an agreement with Vietnam that is balanced and benefits both sides. No collaboration is as strategic for the future of two emerging countries as cooperation in education and science and technology. Soon, our universities will be able to promote the exchange of professors and students. We are studying partnerships in areas such as semiconductors, Artificial Intelligence, digital technologies, biotechnology and renewable energy,” he listed.
COP30 AND BRICS – Another highlight was Brazil’s invitation for Vietnam to participate in the BRICS meeting in Rio de Janeiro in July and COP30 in Belém in November. “To comply with the Paris Agreement, all countries must adopt the highest level of ambition possible within their development circumstances,” said Lula.
COFFEE – Another path pointed out by the Brazilian leader to strengthen relations between the two nations includes work on coffee, with both countries working on research to make the grain more resistant to the impacts of climate change. “Vietnam and Brazil are the two largest coffee producers in the world, and both of our recent harvests were affected by climate change. We are determined to expand our technical exchange to strengthen the resilience of coffee crops. Vietnam can benefit from the Tropical Forests Forever Fund, proposed by Brazil, and be compensated for its efforts in environmental preservation,” said the Brazilian president.