The paper industry needs to switch from production of normal packaging since supply exceeds demand and invest in other items such as high-quality packaging paper, which is still mostly imported.
The paper industry has achieved good growth in the past five years and expects to maintain the momentum until 2025 driven by demand for tissue and packaging paper, according to the industry business group.
Viet Nam’s paper industry has been facing difficulties in production due to the high cost of imported raw materials, though production has been stable since the start of this year.
Domestic paper businesses have been urged to improve their products''
quality and competitiveness when the country enters into Free Trade
Agreements (FTAs), experts said.