High Potential Market
Vietnam is one of the fastest-growing economies in the world. According to Standard Chartered’s Global Research report released in Ho Chi Minh City on January 27, Vietnam would become the second fastest growing economy in Asia in 2016, second only to India.
Local Plastics Industry Rising
Vietnam’s plastics industry has around 2,000 businesses, and 83% are located in the Ho Chi Minh City. It’s 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.