Brazil sees great potential in Vietnam’s market
He said the International Business Centre (CIN), under the Federation of Industries of the State of Parana, will send a delegation to Vietnam in October to learn more about the market and opportunities for business cooperation.
CIN seeks to promote trade in the Asian region, particularly China, India, Singapore and Vietnam.
Parana State is the third largest in Brazil in terms of exports to Vietnam. Last year the State’s export volume reached US$41 million, making up 12 percent of Brazil’s total exports to Vietnam.
The state also ranks 7th as an importer of Vietnamese goods, representing 4 percent of the country’s imports from Vietnam.
Parana State mainly exports wood, frozen chicken and silk fibre to Vietnam.
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