Neymar has been out of action since he broke a metatarsal bone in his foot on February 25.
Neymar turned up on crutches with girlfriend Bruna Marquezine on Friday at the 2018 American Foundation for AIDS Research Gala in Sao Paulo. Brazil's first group match is against Switzerland on June 17.
The world's most expensive footballer suffered a fractured foot against rivals Marseille in February, with initial fears he could miss Brazil's World Cup campaign in Russian Federation.
In his absence, PSG were knocked out of the Champions League by Real Madrid in the last 16 in March.
Earlier, Emery had indicated Neymar was on his way back and could rejoin the team before the end of the season.
PSG also said in a statement: "The medical assessment by Doctor Rodrigo Lasmar confirms the excellent evolution of Neymar Jr's injury, and authorizes the specific re-education of the right ankle and progressive full weight-bearing on the foot".
"He could possibly play in the final matches of the season". We will try and win to be champions as quickly as possible.
The 26-year-old Brazilian forward became the world's most expensive footballer when he swapped the Camp Nou for Parc des Princes last summer, after the Ligue 1 powerhouse activated his £198 million buyout clause.
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