CSX Holding received the Vietnamese Ambassador to Brazil, Bui Van Nghi, on Wednesday evening, the 21st. The meeting had an institutional focus, aiming to map potential business opportunities and strengthen trade ties between the Brazilian private sector and the Vietnamese market.
In São Paulo, the meeting was attended by Le Ngoc, a civil attaché from the Vietnamese Embassy in Brazil, and Victor Key, president of the Brazil-Vietnam Chamber of Commerce and Industry. The presence of these diplomatic representatives and business leaders allowed for a discussion on the prospects for economic collaboration between the two countries.
The central topics of discussion included the mining and tourism sectors, in addition to exploring chances related to commercial, logistical integration, and the development of business ventures. For CSX Holding, this action is part of a larger strategy to expand its institutional relations and identify global markets with potential for future activities of its various business divisions.
Brazil and Vietnam expand economic cooperation prospects
This meeting takes place during a period of intensification of bilateral ties between Brazil and Vietnam. In November 2024, both countries elevated their diplomatic relations to the level of Strategic Partnership, which was followed by the formalization of an Action Plan valid for the biennium 2025 to 2030.
This new scenario of greater diplomatic and economic proximity increases the chances of dialogue between companies, commercial representatives, and institutions interested in building long-term partnerships. According to Caio Santomo, maintaining contact with international representatives allows for a deeper understanding of new markets, comprehension of their regulatory specificities, and identification of opportunities that align with CSX Holding's business capacity.
Caio Santomo emphasized that a company's internationalization goes beyond just finding new markets; it requires physical presence, institutional relationship, regulatory mastery, and real execution capability. He stated: 'Our goal is to establish consistent commercial connections, with a long-term vision and clear governance criteria.' The agenda also highlighted the relevance of commercial diplomacy as a tool to bring the institutional sphere closer to opportunities available to the private sector.
Mining and tourism are among the evaluated opportunities
During the meeting, possibilities for partnership in the mining and tourism segments were examined, viewed as areas of interest to foster new business relationships between Brazil and Vietnam. In the mining field, the dialogue focused on identifying commercial opportunities, possible collaboration models, and the challenges inherent in the sector's operation and logistical integration.
In tourism, the conversations addressed chances for business exchange, interaction between private operators, and initiatives aimed at business growth and international expansion. Given CSX Holding's multifaceted operation in real estate, tourism, technology, and other areas, the company seeks to analyze how it can participate in new markets using its competencies and sectoral structures.
It is important to note that the discussed opportunities are in the exploratory phase. Any future progress will depend on technical, commercial, legal, and regulatory analyses, as no operational commitment was made at this stage.
CSX Holding's international strategy prioritizes governance and long-term relationships
Approaching diplomatic figures and international business leaders is part of the strategy led by Caio Santomo to increase CSX Holding's institutional interaction in various markets. The participation of Victor Key, president of the Brazil-Vietnam Chamber of Commerce and Industry, helped link the diplomatic debate to the possibilities of commercial rapprochement between Brazilian and Vietnamese companies.
The company's policy considers the institutional bond as a crucial phase for discovering opportunities but conditions any operation on economic viability, legal security, and implementation capacity. The meeting concluded with the expectation of continuing the conversations and deepening the presented possibilities, without any announcement of concrete agreements or commercial commitments.
For Caio Santomo, international advancement must be conducted in an organized manner, with planning, responsibility, and corporate discipline, maintaining the long-term perspective that guides CSX Holding's operations. Thus, the meeting with Ambassador Bui Van Nghi represents another step for the company toward the business environment of a prominent Southeast Asian economy.
Interview with Caio Santomo
When asked about the relevance of receiving Ambassador Bui Van Nghi for CSX Holding's business agenda, Caio Santomo stated that it holds both institutional and strategic importance. He highlighted that Vietnam is a country with a large share in international production and trade chains, and the objective is to understand where there are common interests to structure lasting commercial relationships, aligned with CSX Holding's long-term vision.
Regarding the opportunities identified in mining and tourism, he explained that they are two distinct areas but with the potential to create new commercial relationships. In mining, aspects of market, operation, and logistics are being assessed, while in tourism, the company is interested in understanding the possibilities for international cooperation. Santomo stressed that no operation arises from a single meeting; the first step is establishing adequate dialogue, identifying complementarities, and proceeding with technical rigor.
When questioned about the role of commercial diplomacy in international expansion, Caio Santomo pondered that institutional relations must be complemented by business capacity. He clarified that the search is not just for greater visibility in international forums, but for opportunities based on economic viability, legal feasibility, and execution potential, thus defining CSX Holding's expansion.
Concerning the next steps after the meeting, he informed that the current focus is on deepening the debated possibilities and determining which fronts deserve technical and commercial advancement. He preferred to announce only well-structured operations, postponing commitments that are still under review.