Transcript VIETNAM-BRAZIL RELATIONSHIP Bilateral Cooperation

PROSPETS OF VIETNAM-BRAZIL
RELATIONSHIP
1/ OVERVIEW ON VIETNAM
2/ VIETNAM-BRAZIL RELATIONSHIP
3/ PROSPECTS
OVERVIEW ON
VIETNAM

The full name: The Socialist
Republic of Vietnam.
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Independence Day: September 2,
1945.
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Located in South East Asia.
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Landmass of 331,698 km2.
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Land borders with China, Laos and
Cambodia.
Approximately 91 million people
(over 50% of population under 30
year old); Rural population around
67%.

OVERVIEW ON VIETNAM

The history of Vietnam had witnessed
untold hardships and challenges in its
struggles against foreign invasions for
national defence and construction.

The war resulted in very heavy
consequences on Vietnam.
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Among the leading country group of
production and export in rice (the
third largest exporter), coffee,
casewnut
(the
second
largest
exporter), pepper (the first largest
exporter), rubber...
OVERVIEW ON VIETNAM
GDP growth rate for 2015: 6.68%;
 Inflation rate in 2015 reduced to
only 0.63%
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Has diplomatic reations with 185
countries and trade relations with
over 220 countries and teritories in
the world.

Is a active and responsible member
of over 70 regional and international
organizations such as ASEAN, APEC,
WTO, UN...
OVERVIEW ON VIETNAM
Economic integration process:
1986: Started “Doi Moi” (renewal)
process.
 1995: Became ASEAN member;
Normalized relations with the US.
 1998: Became APEC member.
 2007: Became WTO member.
 Jan. 4, 2016: member of TPP.
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VIETNAM-BRAZIL RELATIONSHIP
Bilateral Cooperation:

Exchanged many high – level visits: Delegations of the Party, State,
the National Assembly, Ministries, Central Agencies, localities,
mass organizations and businesses.
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Signed a number of cooperation agreements:
+ Agreement on political consultation between the two Foreign
Ministries (10/1995);
+ Agreement on Cultural Cooperation; Agreement on cooperation
between the two Chambers of Commerce (10/2003);
+ Agreement on Health Cooperation (5/2007);
+ Memorandum of Understanding (MOU) on the establishment of
the Joint Commission;
+ Agreement on scientific and technological cooperation; MOU on
sports cooperation;
+ MOU on cooperation between Agriculture and
Development Bank of Vietnam and Brazilian Bank SA (7/2008);
Rural
+Agreement on Plan of Action on poverty reduction between the
Ministry of Labor – Invalids and Social Affairs of Viet Nam and Ministry
of social Welfare and poverty Alleviation of Brazil (4/2012)…
VIETNAM-BRAZIL RELATIONSHIP
Bilateral Cooperation:

Agreements/MOUs had completed negotiation (wait to
sign) or has been negotiating:
+ Framework Agreement on Technical cooperation;
+ Education Cooperation Agreement;
+ MOU on Agricultural cooperation;
+ Framework Agreement on Defense cooperation;
+ Agreement on maritime transport;
+ MOU on Tourism…
VIETNAM-BRAZIL RELATIONSHIP
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Multilateral Cooperation:
Shared views on United Nations reform and other
international issues.
Brazil supported Viet Nam to become a full member
of WTO, non-permanent member of the United
Nations Security Council for the 2008 -2009 term;
Viet Nam supported Brazil to be on this position for
the 2010 – 2011 term.
The two countries also have a mutual support on
participation of different mechanisms in the United
Nations.
Vietnam has affirmed its support for Brazil to
become permanent member of the United Nations
Security Council when it will be expanded.
VIETNAM-BRAZIL RELATIONSHIP
THE PEOPLE-TO-PEOPLE DIPLOMACY:

In June 2010, Viet Nam - Brazil Friendship and
Cooperation Association was established.
 In April 2012, Brazil - Viet Nam Friendship
Association was established.
 In Feb. 2014, Brazil - Viet Nam Friendship
Association in Rio Grande do Sul State was
established.
VIETNAM-BRAZIL RELATIONSHIP
TRADE RELATIONS:

In 1989, when the two countries established diplomatic relations,
the bilateral trade volume was only 16 million USD;
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in 2009, it reached 560 million USD, increasing by more than 35
times.
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In 2010, for the first time, the bilateral trade volume between Viet
Nam and Brazil reached 1 billion USD;
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In 2013 it surpassed 2 billion USD (reaching 2.4 billion USD) and in
2014 reached 3.35 billion USD, increased to 3.91 billion USD in 2015.
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After 26 years, the bilateral trade volume between Viet Nam and
Brazil has increased over 244 times (from 16 million USD to 3.91
billion USD).
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Brazil is now the largest trade partner of Vietnam in the Latin
American region.
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The Chamber of Commerce, Industry and Agricuture in South Brazil
with Vetnam was inaugurated last week (April 24) in Curitiba.
PROSPECTS
Favourable conditions for doing
business:
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Vietnam is a emerging country with fast economic development,
stable political situation.
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Stable local currency, low inflation.
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Low labour costs.
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Favourable policies for foreign investment and doing business.
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Vietnam and Brazil are both large and potential markets (over 200
millions people in Brazil and obout 91 millions in Vietnam).
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Vietnam is a gateway to active and promising ASEAN Market with
about 633 millions people with total GDP is 2.600 billion USD/year
and Brazil is a gateway to MERCOSUR and Latin America.
PROSPECTS

Good relationship between Vietnam and Brazil.
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Fast development of trade relations but still far behind the
real capacities of two countries.
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Vietnam is in big need of investment in industry, agriculture,
transportation, airport, seaport, education, healthcare...
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Many kinds of Vietnamese products can be exported to Brazil:
clothes, shoes, electronics, telefones, computers, seafood...
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Many kinds of Brazilian products can be exported to Vietnam:
agricultural machineries, petroleum products, cotton,
soybean, corn, fertilizer, leather, food for animal and many
other agricultural products...
CHALLENGES
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Far geographical distance between two countries.
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language barrier.
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Tariff barriers.
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Bureaucratic procedures.
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Brazil has not yet recognized Vietnam as full status
of market economy.
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Has not yet signed the agreement in avoiding double
taxation.
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Limitation of understanding each others between
two countries´business sectors.
THANK YOU!