Brazil’s President Luiz Inacio Lula da Silva said on Saturday ( Mar 29 ) that Vietnam may buy as many as 50 planes from Embraer, the Brazilian planemaker, and that another Brazilian company may invest US$ 100 million in a meat-processing plant in the Asian country, as he prepared to conclude his state visit to Hanoi, where he met President Luong Cuong.
Last year, sources told Reuters that Portuguese meatpacker JBS was considering building such a flower in Vietnam, which would be its first in Asia. The business did not immediately reply on Lula’s comment and it is unclear if the US$ 100 million expenditure refers to its ideas.
A Portuguese official likewise told Reuters last week that Embraer was in discussions about the possible sales of 10 E190 narrow-body planes to Vietnam Airlines. On Friday, the Portuguese senator said he was informed that premier provider Vietnam Airlines was “positively assessing Embraer’s sell” for local planes.
Embraer did not immediately reply on either of Lula’s notes.
Lula even said he was willing to negotiate with US President Donald Trump about the taxes he vowed to impose on Brazil starting on Wednesday. Trump had previously announced charges on Argentine metal in early March.
Lula took a softer view than he did before this week in Japan, when he , vowed to lodge a complaint with the World Trade Organization over the tax on Argentine material and said he was considering imposing higher taxes on American goods imported into Brazil.
” Before engaging in a fight about equality or a battle at the WTO, we want to use all the thoughts in our vocabulary to perform free trade with the US”, he told investigators in Hanoi.