Prime Minister Pham Minh Chinh received leaders of four Brazilian corporations in Rio de Janeiro on November 17 (local time) as part of his trip to Brazil for participation in the G20 Summit and bilateral activities Rio de Janeiro (VNA) - Prime Minister Pham Minh Chinh received leaders of four Brazilian corporations in Rio de Janeiro on November 17 (local time) as part of his trip to Brazil for participation in the G20 Summit and bilateral activities Chinh highlighted the strong and growing Vietnam-Brazil relationship underscored by mutual political trust and complementary economic strengths Bilateral trade reached over 7.1 billion USD in 2023 and 6.58 billion USD in the first 10 months of 2024 The Vietnamese leader highlighted Vietnam and Brazil's similarities and shared aspirations for peace and development as well as great potential for cooperation He called on Brazilian firms to promote investment in Vietnam and pledged that the Vietnamese Government will continue improving the country's business and investment environment speeding up administrative reform and providing optimal conditions for Brazilian investors to effectively and sustainably operate in Vietnam the world’s third-largest manufacturer of commercial aircraft affirmed the company's wish to continue promoting comprehensive collaboration with Vietnam He committed to expanding cooperation with Vietnam particularly in exploiting routes such as Hanoi-Ho Chi Minh City and Hanoi-Con Dao Chinh said Vietnam is focusing on developing maritime space and that the country aims to establish an aviation transit centre Pointing to Vietnam's potential in aviation development and rising demands he encouraged Embraer to support Vietnam’s ambition to become a global aviation hub through sustainable fleet development while cooperating with Vietnam in other fields such as defence trade presented plans to enhance partnership with Vietnam in smart card solutions Chinh welcomed Alterosa's activities in Vietnam and urged the firm to expand its partnerships in Vietnam particularly in digital security authentication solutions and smart card technology helping to build the country’s digital infrastructure He welcomed the firm to explore opportunities in emerging fields such as artificial intelligence The PM encouraged Alterosa to collaborate with Vietnam’s National Innovation Centre to drive innovation and develop financial hubs advancing the country’s technological and economic transformation proposed making Vietnam a strategic hub for the Asian market PM Chinh welcomed this idea and invited JBS to expand investments in Vietnam including facilities for livestock processing He also encouraged the further integration of Vietnamese agricultural products into global supply chains the firm earned 8.3 billion USD in revenue with more than 65,000 labourers worldwide Chinh expressed his hope for JBS to establish a greater and broader presence in Vietnam in the coming years He encouraged the company's leaders to visit Vietnam soon to explore further cooperation opportunities and bring Vietnam’s diverse agricultural products to Brazil and global markets he urged JBS to invest in factories in Vietnam At the meeting with the Vietnamese leader briefed him on the group’s operations and touched upon opportunities to expand business and investment collaboration with Vietnam Oceanside One Trading is a leading American trading conglomerate headquartered in the US The group specialises in trading commodities such as chemicals with a commercial presence in over 50 countries and territories the group has signed an export agreement for automotive tire products with a subsidiary of the Vietnam National Chemical Group (Vinachem) for the Brazilian market Oceanside One Trading aims to increase its export volume to the US and Brazilian markets from 70 million USD to 150 million USD annually in the near future Roger Zen praised the potential for collaboration with Vietnam highlighting the strong friendship between the two countries and the complementary strengths of their economies He noted the group’s desire to continue purchasing goods from Vietnam and increasing exports to the country Welcoming Oceanside One Trading’s ideas and plans for cooperation the PM encouraged the group to provide input to help Vietnam improve its institutional framework He suggested the group enhance trade collaboration introduce more Vietnamese products to global consumers and help the country integrate more deeply into the global supply chain Highlighting Vietnam as a promising consumer market with over 100 million people and a growing middle class the leader said the country has signed 17 free trade agreements (FTAs) with over 60 major economies He called on Oceanside One Trading and JBS to support negotiations for a new-generation FTA between Vietnam and the Southern Common Market (MERCOSUR) and to advocate for investment protection agreements./ Prime Minister Pham Minh Chinh is leading a high-ranking delegation of Vietnam to attend the G20 Summit in Rio de Janeiro from November 16 to 19 at the invitation of Brazilian President Luiz Inácio Lula da Silva his spouse and a high-ranking delegation of Vietnam arrived in Rio de Janeiro Brazil on November 16 afternoon (local time) beginning their three-day working visit to attend the G20 Summit and have bilateral activities his spouse and a high-ranking delegation of Vietnam left Hanoi in the early morning of November 16 to attend the G20 Summit and have bilateral activities in Rio de Janeiro and pay an official visit to the Dominican Republic from November 19-21 The Cambodian official highlighted the pride of marching alongside forces from Vietnam marking the first time a Vietnamese-hosted parade featured foreign troops – a meaningful gesture in today’s global challenges The following is a brief review of the day’s events as reported by the Vietnam News Agency Party General Secretary To Lam said that this session is addressing numerous crucial issues he stressed that any constitutional amendments must strictly adhere to legal procedures and ensure broad public consultation Vietnam actively participates in international forums and supports the universalisation of the convention Deputy Minister of Foreign Affairs Nguyen Minh Vu said Legislators will look into and adopt a resolution amending and supplementing several articles to the Constitution 2013 describing this a strategic task of both political and legal significance to institutionalise the Party’s major policies especially the reorganisation of the state apparatus towards a streamlined and efficient structure that is closer to the people and more responsive to reality Noting that Vietnam and Sri Lanka still have great potential in economic the two leaders vowed to take stronger measures to increase two-way trade and investment aiming for bilateral trade turnover of 1 billion USD and considering the possibility of negotiating and signing a bilateral free trade agreement when conditions permit PM Chinh reiterated the 2025 target of 8% GDP growth an economic size exceeding 500 billion USD Participants reviewed the historical significance of April 30 1975 - a pivotal turning point marking the complete victory of the Vietnamese nation in the cause of national liberation and reunification as well as a shared triumph of progressive humanity for justice and the right to self-determination of peoples worldwide President Cuong thanked Sri Lanka for supporting Vietnam in the past struggle for national independence and for cooperating closely with Vietnam in the current process of national construction The visits serve as additional important steps to implement the foreign policy of independence multilateralisation and diversification of external relations identified at the 13th National Party Congress Sharing with the President of Sri Lanka about the life and career of President Ho Chi Minh President Cuong affirmed that he was the most beautiful symbol of patriotism and revolutionary heroism of Vietnam he devoted his entire life to the glorious revolutionary cause of the Party and the Vietnamese people National Assembly Chairman Tran Thanh Man said laws and resolutions passed during the 15th NA’s ninth extraordinary session are effectively serving the streamlining of the state apparatus toward a leaner more efficient political system while unlocking new space for socio-economic development the two Presidents led their delegations to hold bilateral talks reviewing the progress of bilateral cooperation in recent years and discussing directions for future collaboration The two leaders are also scheduled to witness the signing of cooperation agreements and hold a joint press briefing The Republic of Korea Navy destroyer Kang Gam Chan commencing a three-day courtesy visit to the central coastal city of Da Nang They expressed their infinite gratitude and sincere respect for the late leader's great contributions to the cause of national liberation It holds particular importance as it is aimed at promptly institutionalising the policies and conclusions of the Party Central Committee and its Politburo and Secretariat especially those recently adopted at the 11th plenum of the Party Central Committee The following is a list of selected news summaries reported last weekdend by the Vietnam News Agency Vice President for International Affairs of the United Socialist Party of Venezuela (PSUV) emphasised that the Great Spring Victory of 1975 was a triumph of justice a victory for progressive forces and peace-loving people around the world The Sri Lankan President thanked the Vietnam Buddhist Sangha for inviting him to the Vesak celebrations and stressed the long-standing ties between the two countries including their Buddhism-based cultural similarities The NA's 9th session holds particular importance as it is aimed at promptly institutionalising the policies and conclusions of the Party Central Committee and its Politburo and Secretariat 2008 by the Ministry of Information and Communications Email: vietnamplus@vnanet.vn Reproduction in any form is prohibited without written consent.