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Update news packaging industry
Local enterprises need to understand that besides the quality of products, packaging quality also has a significant impact on the process of exporting goods to overseas markets.
Multiple foreign enterprises have accquired large packaging companies in Việt Nam, with the ambition to expand their presence in the country.
Managers of nearly 1,000 plastics packaging companies are now faced with a new import tariff on PP beads, the major input material. It is priced three times higher than the previous rate.
An attractive market with a forecast growth rate of no less than 10 percent and weak Vietnamese enterprises are why foreign investors in the packaging industry have entered the Vietnamese market.