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.
Cutting-edge technologies and innovations are on display at the 22nd Vietnam International Plastics & Rubber Industry Exhibition that opened in HCM City on Wednesday.
Weak construction activities have caused a decrease in demand for plastics, impacting business results, but expectations of improvement arise as state capital divestment boosts share prices.
Following the dividend payout, The Nawaplastic Industries, a subsidiary of the SCG Group from Thailand, will be eligible to receive dividends worth VNĐ275 billion, as they hold a controlling stake of 55 per cent in Bình Minh Plastics.
The 11th International Plastics & Rubber Technologies & Materials Exhibition for Vietnam opened on Wednesday in HCM City with more than 60 exhibitors from 12 countries and territories showcasing products, technologies and services.
Việt Nam''s European Plastics Joint Stock Company (EuP) inaugurated its first factory in Egypt, specialising in producing filler masterbatch in Sadat City, Menoufia Province.
The Vietnamese plastic industry has made continuous progress to more effectively support the business community, especially the green production transformation.
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.
VietnamPlas 2023 has doubled its size and brought together more than 620 exhibitors from 22 countries and territories in machinery and equipment for production and processing of plastics and rubber, recycling machinery, and raw materials.
Plastics and Rubber Vietnam 2023, an international plastics & rubber technologies and materials exhibition, kicked off at the International Centre for Exhibition in the capital city of Hà Nội on July 25.