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Over the last decade, plastics manufacturing has cemented itself as a key supporting industry in Vietnam, with an average growth rate of 15-20 per cent annually. This is attributed to the consistent surge in domestic packaging (FMCG) consumption and industrial manufacturing from foreign direct investment. In 2020, Vietnam’s plastics export demand is expected to boom and account for $4.3 billion.
The rubber industry is also full of potential. Vietnam contributes to the growth of the world industrial network, in which the rubber manufacturing industry is expected to reach $300 million, and is one of the three highest rubber exporting countries in the world. The rubber manufacturing industry will receive a lot of government support to upgrade and improve technologies and install modern equipment dedicated to rubber processing.
For its very first appearance in Hanoi, Plastics & Rubber Vietnam presents a top-notch list of products and technologies on 4,300 square metres of exhibition area. The show has also attracted more than 200 exhibitors from 24 countries and regions and the participation of eight international group pavilions from great markets such as Taiwan, Germany, Korea, Singapore, China, Qatar, Australia, and Italy.
The three-day exhibition will present a comprehensive showcase of technology and solutions for the FMCG packaging, films and sheets, pipes and fittings, as well as building and construction, automotive and transportation, electronics, furniture, and household sectors.
Within the framework of the programme, the international conference titled Circular Economy – Formula for the Plastic Industry’s Sustainable Development will update Vietnamese plastics enterprises on the global picture of plastics recycling that is putting the circular economy model at the core. Besides, the conference will draw up a roadmap and solutions for Vietnamese SMEs to gain access to the circular economy model. The conference, which is co-organised by Informa Markets in Vietnam and Revival Waste, will open from 8:00 to 12:00 on November 28, 2019 at the International Center for Exhibition (I.C.E Hanoi).
Backed by support from numerous government agencies and industry associations, Plastics & Rubber Vietnam aims to increase the service offerings to industry professionals in the northern region. The exhibition promises visitors and attendees a comprehensive range of plastics and rubber products and services, state-of-the-art technologies, integrated solutions, parts, components, as well as materials and supplements.
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