09:36 | 23/10/2019
According to the financial report in the third quarter released by Bien Hoa packaging company, gross profit increased by 63% compared to that in the same period last year. Bien Hoa packaging company has recorded stable growth rate year over year, as a result, the company has set higher targerted revenue in 2019. However, after the first nine months in 2019, Bien Hoa packaging company has completed 69% of targeted revenue and 93% of profit before tax.
09:36 | 23/10/2019
Flexible packaging in Vietnam is growing to accommodate other domestic demand sectors given the country’s favorable economic conditions. According to StoxPlus’s Vietnam Flexible Packaging Market 2018 Report, the market size of multilayered flexible packaging sector in 2017 reached approximately US$1.0bn, posting a Y-o-y growth rate of 6.6%. Nevertheless, underdeveloped local production of petrochemical puts packaging manufacturers in an unsafe dependency on imported raw materials. Increasing price of plastic resins has lowered profits of packaging manufacturers in 2017.
09:36 | 23/10/2019
According to Euromonitor International, Vietnam was ranked 32nd in the world in demand for food packaging in 2015 with 3.915 million tons.
09:36 | 23/10/2019
Vietnam’s packaging industry, with average annual growth of 15-20%, has grown attractive to foreign suppliers of machinery and equipment, heard at a press conference on ProPak Vietnam 2017 in HCMC on March 9.
09:36 | 23/10/2019
Packaging production for the liquid and beverage sector in general and cans in particular is luring foreign investment due to the increasing demand.
09:36 | 23/10/2019
The local packaging industry is in dire need of more policy support from the Government to unlock its growth potential and capitalize on opportunities from the free trade agreements Vietnam has signed, according to the Vietnam Packaging Association (Vinpas).
09:36 | 23/10/2019
Vietnam’s packaging industry has turned attractive to foreign enterprises owing to its strong growth potential.
09:36 | 23/10/2019
The Vietnam Tea Association proposes to construct a tea packing factory in Belarus, the Association's President Doan Anh Tuan said at the Belarusian-Vietnamese business forum in Minsk on 11 September, BelTA learned.
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