Cooperation between Vietnam and Brazil remains vast, US$15bil trade targeted by 2030

Vietnamese President Luong Cuong and Brazilian counterpart witnessed the signing of a memorandum of understanding (MoU) on the establishment of a working group to promote trade and industrial cooperation between the Vietnamese Ministry of Industry and Trade and Brazil's Ministry of Development, Industry, Trade and Services. - Photo: VNA/VNS

HANOI: The potential for cooperation and development between Vietnam and Brazil remains vast, as both economies complement each other.

With advantages in population and consumer demand, the two nations are set to continue their efforts towards achieving a trade turnover of US$15 billion by 2030.