Executives from major Brazilian offshore oil and heavy construction firms intend to dispatch delegations to Vietnam in early 2027 to explore investment and joint-venture prospects.

Ambassador Bùi Văn Nghị asked Brazilian business leaders to support talks on a preferential trade agreement linking Vietnam with Mercosur, the South American bloc that counts Brazil as a member.

At Seafood Show Latin America 2026 in São Paulo's Anhembi exhibition centre, which attracted roughly 4,500 visitors, fourteen Vietnamese firms exhibited, nine of them VASEP members.

One executive reported that certain shipments endured lengthy testing delays, raising storage expenses and upsetting plans, and requested ongoing coordination with the embassy, VASEP and authorities in both nations.

MK Alterosa Group, a Brazilian manufacturer working with Vietnam's MK, intends to put about US$30 million into new growth areas between 2027 and 2031.