Packaging & Printing Industry Exhibition
The Packaging sector is one of the most rapidly developing industries in Vietnam, driven by increased demand for consumer goods, foodstuffs and expanding Vietnamese exports of products requiring packaging.
Vietnam presently offers a strong combination of rapid economic growth, expanding personal incomes, and an excellent demographic profile that is fueling industrial production and consumer demand. These trends have led to Packaging becoming one of the most rapidly developing industries in Vietnam. According to the Vietnam Packaging Association (Vinpas), the Packaging sector is growing at least 15% - 20% per year.
At present, Vietnam has more than 900 Packaging manufacturers, about 70 percent of which are located in the southern part of the country. The market may be broken down into five major types: (1) plastic packaging; (2) cardboard/paper; (3) metal containers; (4) glass; and (5) others.
New Business New Opportunity
Industrial production in April has shown signs of recovery, with a 5.4 per cent increase year-on-year, according to the General Statistic Office (GSO). The recovery could be seen in all three sectors. The private sector saw the biggest growth with 9.1 per cent, while the State sector saw 4 per cent and the foreign direct investment sector 3.1 per cent.
Domestic enterprises are paying increasing attention to product design and packaging, which has opened up more opportunities for the Packaging industry in Viet Nam. As the economy has become more open, local enterprises are able to keep up to date with the latest trends in Packaging and satisfy diverse demands.
PACKAGING
- Packaging machines & appliances
- Packaging materials, Packaging means & Packaging aids
- Services for the Packaging industry- Book binding
PRINTING
-Pre-press & pre-media
-Printing machinery, appliances & accessories
-Print finishing
-Paper converting - including Packaging production
-Services
Food Processing Industry Exhibition
Over the past 5 years, the GDP growth increased by 15% per year in extended industry, 18.50% in manufacturing and services, 6.90% in machinery sector on average. There is also an increase of 22.16%/year in foreign capital investment area, 8.68%/year in national economic area averagely.
Nearly 80 percent of the Vietnamese population is involved in agriculture, which accounts for 30 percent of the GDP and 40 percent of the nation's exports.
Although the demand for machinery and equipment in the industry is huge, the domestic machinery industry cannot satisfy the internal demand because (despite some skill in copying and reverse-engineering) it has proven poor in design and quality. For the most part, domestic equipment is used in small scale processing factories. Medium and larger Food Processing enterprises and even smaller firms producing high quality products must rely on imported machinery and equipment. The Food Processing sector is forecast to maintain an average annual growth rate of 10 – 15 percent for the short term.