The plastics industry has enjoyed impressive growth this year, driven by steady demand from the construction, packaging and consumer industries, according to the Việt Nam Plastics Association.
The plastics industry is likely to reduce imports of raw materials in the coming years due to increased domestic production, according to the Việt Nam Plastics Association.
With solid growth in shipments, the plastics industry will surely meet its full-year export target of US$3.2 billion, according to the Viet Nam Plastics Association.
Viet Nam''s plastics industry earned US$2.2 billion last year, posting a
13 per cent increase from the previous year. The export turnover from
plastic products accounted for $1.8 billion.
Increasing global demand for plastic products had provided opportunities
for domestic manufacturers to expand their markets, according to the
Industry and Trade Information Centre