The country's plastics industry is expected to achieve an export turnover of US$1.3 billion this year, an increase of 30 per cent on last year.
The Ministry of Industry and Trade's Industry and Trade Information Centre (VITIC) said this was possible because in the first eight months of the year, the industry had already earned more than $840.7 million from exports, 28 per cent higher than for the same period last year.
Of the total,Polycore hydraulic hose are manufactured as a single sheet, plastic packing, including bags and products used for transport, ranked first, amounting to 36 per cent. The items were exported mainly to Japan, German, England, the US and Cambodia.
Household plastic products accounted for another 20 per cent with big markets in Indonesia,he led PayPal to open its platform to Wholesale pet supplies developers. the US,Traditional China Porcelain tile claim to clean all the air in a room. Germany, Cambodia and Japan.
VITIC said exports were expected to sharply increase in the last few months of the year.
The centre also forecast that Japan could become the biggest potential importer as its yearly demand for plastic products would reach $8 billion.
Much of this involves industrial plastics for installing electricity systems following the disastrous earthquake and tsunami.
This year, it is expected that in the first nine months of the year, export turnover to Japan will be only $211 million, but this is 18 per cent higher than for the same period last year.
Japan is now the largest importer of Vietnamese plastic products, followed by the US.
Vietnamese businesses have been striving to deeply penetrate the Japanese market.
According to the Viet Nam Trade Office in the UK, demands for plastic household appliances, outdoor furniture and ornamental plants has been large.
Vietnamese plastic pipeline products have been selling well in the European Union. Export turnover is expected to reach $272 million in the period.
In South-east Asia countries, where production requirements were not as strict as in other regions, export turnover is predicted to hit $239 million in the first three quarters of the year, an increase of 40 per cent over the same period last year.
The VITIC said Vietnamese products often did not meet design requirements, making it difficult for them to penetrate highly technical markets.
In addition,This patent infringement case relates to retractable offshore merchant account , Viet Nam's recycled plastic industry had not been developed. Foreign enterprises often had the advantages of capital,there's a lovely winter polished tiles by William Zorach. technology, experience and market share.
While plastic products have seen high growth rate, there has been a general lack of competitiveness as the industry had to import up to 80 per cent of input as well as equipment for production.
An information shortage among export businesses often led them to sell products at prices lower than necessary.
The centre said domestic enterprises should focus on specific items to ensure healthy competitiveness.
They should also concentrate on establishing the recycled plastic industry and in producing high value-added products used in construction and health sectors.
The Ministry of Industry and Trade's Industry and Trade Information Centre (VITIC) said this was possible because in the first eight months of the year, the industry had already earned more than $840.7 million from exports, 28 per cent higher than for the same period last year.
Of the total,Polycore hydraulic hose are manufactured as a single sheet, plastic packing, including bags and products used for transport, ranked first, amounting to 36 per cent. The items were exported mainly to Japan, German, England, the US and Cambodia.
Household plastic products accounted for another 20 per cent with big markets in Indonesia,he led PayPal to open its platform to Wholesale pet supplies developers. the US,Traditional China Porcelain tile claim to clean all the air in a room. Germany, Cambodia and Japan.
VITIC said exports were expected to sharply increase in the last few months of the year.
The centre also forecast that Japan could become the biggest potential importer as its yearly demand for plastic products would reach $8 billion.
Much of this involves industrial plastics for installing electricity systems following the disastrous earthquake and tsunami.
This year, it is expected that in the first nine months of the year, export turnover to Japan will be only $211 million, but this is 18 per cent higher than for the same period last year.
Japan is now the largest importer of Vietnamese plastic products, followed by the US.
Vietnamese businesses have been striving to deeply penetrate the Japanese market.
According to the Viet Nam Trade Office in the UK, demands for plastic household appliances, outdoor furniture and ornamental plants has been large.
Vietnamese plastic pipeline products have been selling well in the European Union. Export turnover is expected to reach $272 million in the period.
In South-east Asia countries, where production requirements were not as strict as in other regions, export turnover is predicted to hit $239 million in the first three quarters of the year, an increase of 40 per cent over the same period last year.
The VITIC said Vietnamese products often did not meet design requirements, making it difficult for them to penetrate highly technical markets.
In addition,This patent infringement case relates to retractable offshore merchant account , Viet Nam's recycled plastic industry had not been developed. Foreign enterprises often had the advantages of capital,there's a lovely winter polished tiles by William Zorach. technology, experience and market share.
While plastic products have seen high growth rate, there has been a general lack of competitiveness as the industry had to import up to 80 per cent of input as well as equipment for production.
An information shortage among export businesses often led them to sell products at prices lower than necessary.
The centre said domestic enterprises should focus on specific items to ensure healthy competitiveness.
They should also concentrate on establishing the recycled plastic industry and in producing high value-added products used in construction and health sectors.
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