Int’l plastic, rubber, packing industry exhibition 2019 opens

Illustration photo

Speaking at the opening ceremony, deputy head of the MoIT’s Trade Promotion Agency Le Hoang Tai said the event has become a prestigious destination for domestic and foreign firms with the display of the latest machinery and equipment. 

The exhibition displays products on a total area of 8,500 sq.m, luring exhibitors from Hong Kong (China), Malaysia, Japan, Singapore, China, India, Taiwan (China), the Netherlands, the Republic of Korea (RoK), and Viet Nam, most notably from Taiwan and the RoK. 

The number of exhibitors rose by half thanks to strong growth of the northern market. The event is  expected to draw more than 8,000 professional purchasers. 

The countries’s plastics market is forecast to grow by 6.63% annually during the 2018-2023 period which the packaging, automobiles, electronics and other industrial product sectors are expected to lead the domestic market, according to the Mordor Intelligence Research.

The Vietnamese market holds huge potential when leading brands such as Foxconn and Samsung and other famous ones in automobiles have built factories in the country. 

It was co-organised by the Ministry of Industry and Trade (MoIT)’s Viet Nam National Trade Fair & Advertising Company (Vinexad), Yorkers Trade and Marketing Services Co., and Viet Nam Plastics Association. 

The event runs until April 27.

By Vien Nhu