Something Capcom has mentioned a few times now is the fact that the Resident Evil Village story will be tied into the larger narrative of the series. Given that Chris Redfield plays a major role in the story, in addition to other things like the Umbrella logo that appears in the trailer, it does look like the story will be more closely tied to the larger overarching narrative of the series than Resident Evil 7.
According to the game trailer in the repeated appearance of four families, we can predict that the story of Resident Evil Village will revolve around these families. These ancient families seem to be inseparable from an ancient ritual, each family seems to have mastered a special power.
As far as I can guess, players should take the perspective of multiple characters (Ethan, Chris, etc.) to discover the secrets of these families. Perhaps Resident Evil Village, will tell us, the origin of the Umbrella Corporation.
Chris now works for the Blue Umbrella, a company dedicated to cleaning up the mess left by the Red Umbrella, so Chris follows a series of clues.
In order to fully understand the Red Umbrella, Chris will get more information from the village, as well as from the four families.
Meanwhile, Ethan is supposed to revolve around the task line of rescuing his daughter.
However, as of now, we can only guess from the limited information, but fortunately, the game will soon be released, We will be able to experience it.