Hanoi Plas Print Pack 2019 sees surge in participating businesses
Vietnam’s plastic market is expected to record a compound annual growth rate (CAGR) of about 6.63% in the period of 2018-2023.
Up to 180 businesses from 10 countries and territories are showcasing their products in 400 pavilions at the Hanoi Plas Print Pack 2019 exhibition, marking an increase of 50% in the number of participating companies from the previous edition as more foreign investment is running into Vietnam.
Biodegradable plastic materials of a Korean company attracted visitors. Photo: ktdt.vn
|
The exhibitions display the most advanced production lines in the sector. The event also showcases raw material and high-quality plastic materials, recycled plastic materials, multi-layer plastic film blowing machines, and bag manufacture machines with multi-applications or industrial ink jet printer, among others.
According to Mordor Intelligence Research magazine, Vietnam’s plastic market is expected to record a compound annual growth rate (CAGR) of about 6.63% in the period of 2018-2023, in which injection molding tech takes upper hand rates. The technology is applied in household appliances, consumer electronics, automotive control panels, among others.
Vietnam has been considered a potential market for many giants namely Foxconn, Samsung and other big automobile investors pouring millions to build factories in the country.
During the exhibition, a seminar on Vietnam’s plastics and packaging industry will be held to discuss industrial development in the context of Fourth Industrial Revolution and future Free Trade Agreements (FTA), as well as help participants have a better understanding of the domestic plastics market.
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.
14:48, 2024/10/29
Hanoi steps up inspections to crack down on unsafe food
The purpose of the survey is to gain a thorough understanding of the local food safety situation and to identify non-compliance promptly, allowing for corrective actions to be taken to mitigate health risks.
22:24, 2024/10/23
SEMIEXPO Vietnam 2024 to foster growth of semiconductor industry
The exhibition aims to develop the ancillary industry ecosystem and attract investment from the world's leading semiconductor companies.
- Hanoi targets double-digit growth over next decade
- Hanoi's industrial production shows positive growth
- Hanoi launches Vietnamese Fashion Product Brand Festival 2024
- Exhibition promotes Hanoi's key industrial products
- New partnerships forged at Hanoi Industrial Development Conference
- Hanoi addresses administrative challenges through dialogues