 Screenshot of an article on INVERTA about Vietnam's multilateral diplomacy, global integration journey, and hallmarks at BRICS 2025 (photo: VGP) |
The article noted that Vietnam–Brazil relations are rapidly advancing, becoming a symbol of South-South cooperation in a multipolar and competitive world. With their upgrade to a Strategic Partnership in 2024, Vietnam and Brazil are entering a new phase of comprehensive cooperation. Vietnam, a rising star in Asia, is increasingly recognized for its economic potential and strategic importance.
Novaresistencia wrote that bilateral trade between Vietnam and Brazil grew dramatically from 1.5 billion USD in 2011 to over 7.7 billion USD in 2024, over five times in just over a decade. The growth reflects the strategic complementarity between the two economies, especially with Vietnam’s increasing role in the global supply chain.
The article said with its modern economic development strategy, Vietnam is rapidly becoming a center for high technology, digital economy, clean energy, and biotechnology. Vietnam, with its rapid growth, strategic location, and extensive FTA network, is positioned to act as a crucial bridge linking Brazil with the rest of Asia.