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.
The rising cost of paper materials caused by a fall in supply is presenting a challenge for the printing and paper industry, experts said at a conference held on August 30 in HCM City.
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.