More than 90 percent of Vietnam's plastic is imported
More than 90 percent of Vietnam's plastic is imported
According to Vietnam magazine reported recently, some Vietnamese plastic industry representatives on October 23 by plastic association held in ho chi minh city, Vietnam "the 14th asean plastic industry association meeting" and "the 22nd Asian plastic BBS" speech, said Vietnam imports will cost billions of dollars a year for the production of plastic raw materials and machinery. Ho chi minh city said Chen Yueying, vice President of association of rubber and plastic, compared with other countries in the region, the Vietnamese plastic industry completely dependent on imported raw materials, import proportion about 90%, leading to more plastic products price not only lack of competitiveness, and low value-added, "losses" billions of dollars every year.
