VietnamPlas 2020 – The Best Gateway to Booming Vietnam Plastics Market

Issue 174 2020-07-15 Author :

The 20th Vietnam International Plastics & Rubber Industry Exhibition has been seen as the best path to enter Vietnam market, and the most beneficial way to promote products, services and machinery internationally.

Growing Demand for Plastics & Rubber

In 2020, the production of plastic products will reach 12.5 million tons and export turnover will be USD4.3 billion, followed by a growth rate of 15% each year later. In addition, the packaging segment has remained the highest proportion in Vietnam’s plastic industry by reaching over 30 percent recent years. The construction and technical segment will also grow positively with the industry development plan to 2020.

Local Plastics Industry Rising

Vietnam’s plastics industry has around 2,000 businesses, and 83% are located in the Ho Chi Minh City. Its plastics products having a great competitive edge for packaging, household products, and construction and engineering plastics. These plastics products have gradually reached the point to where it can control the market of several countries.

High Value FDI Attractor

In the 1st quarter of 2019, Vietnam has received around $16.74 billion in FDI. Foreign investors are investing in 19 different sectors of Vietnam economy. To enter this high-value market, the 19th Vietnam International Plastics & Rubber Industry Exhibition is your finest choice.

Substantial opportunities toward EU market

Vietnamese Government and the Ministry of Industry attach great importance to the plastics industry by establishing 5-year development plan to stimulate growth in the production of high-tech plastic parts and developing the recycling industry.
Reserve your booth right now https://www.chanchao.com.tw/Vietnamplas/
Stay tuned with us on Facebook: https://www.facebook.com/vietnamplas/

Venue: Saigon Exhibition & Conference Center (SECC)
Date / Time: 23-26. Sept. 2020 / 09:00 – 17:00
Admission: https://www.chanchao.com.tw/Vietnamplas/visitorReg.asp
*Trade visitors and professionals, children under 16 are not admitted entry.