Vice Governor of Maranhao state of Brazil Carlos Brando said Vietnam and Brazil share similarities in soil and weather conditions and supplementary advantages. Vietnam has strengths in rice production, aquaculture, and fishing while Brazil has abundant land, mild climate, and low-cost workforce, making it easier for the two nations to partner in agriculture. The Brazilian side wished that the two countries’ authorities would boost trade and investment promotion to contribute to bilateral ties.

In recent years, Brazil has been listed among the five largest emerging economies globally with a 200 million population. The two countries also have room for collaboration across agriculture, tourism, science-technology and education-training.