Author : PRM-TAIWAN

In recent years, the effect of global warming and environmental issues has significantly shown and devastated some countries and regions, Vietnam is no stranger to the effect of increasing natural disasters, where the frequency of cases of typhoons, tropical storms, floods, drought, saltwater intrusion, landslides, and forest fires have exponentially grown. Thus, to ease or slow down the rate of natural disasters, the plastic and rubber industry in Vietnam must catch up with the global trend of sustainable development.

After decades of development and rapid economic growth, Vietnam has established itself as one of the unignorable regional economic powerhouses, with an astonishing rising consumption for goods matching the rapid growth, making Vietnam the one of largest economic entities and markets in Southeast Asia. What are the advantages of Vietnam, making it so accretive to foreign investors and international buyers, and what are the potential challenges Vietnam will face in the present and in the future?

The highly anticipated Plastics & Rubber Indonesia Exhibition is coming up soon! From 15 - 18 November 2023 at Jakarta International Expo (JIEXPO), Indonesia. By pre-registering, visitors will have early access to the exhibition's show floor maps, exhibitor list, and schedule. Plus, it's a great way to save time and avoid long queues when you arrive at the event. This exhibition will showcase the latest products and technology innovations in the plastics and rubber industry.

The emerging consumption trends are changing the development of the plastic packaging industry, and also the enterprises in the industry. At the same time, circular economy and carbon neutrality continue to be the megatrends. The 11th Edition CPRJ Plastics in Packaging Conference and Showcase kicked off today (3 August) in Shanghai, China to further promote the innovation and sustainable development of the plastic packaging industry.

The end of June and the beginning of August symbolises we are already halfway over 2023. According to the import and export statistics of the Ministry of Finance, Taiwan's exportation sales have reached the 11th consecutive month of decline, by the end of the second quarter the exportation has reached -18.1%, the second lowest point of the recent three years and the market is generally not optimistic that the export sales in the third quarter will be any major different.