220 units participate in HanoiPlasPrintPack International Exhibition 2023

On June 8, at the ICE Hanoi International Exhibition Center, the 11th International Exhibition on Plastics, Printing and Packaging Industry (Hanoi PlasPrintPack) 2023 officially opened.

220 đơn vị tham gia Triển lãm quốc tế HanoiPlasPrintPack 2023

Opening of the 11th International Exhibition on Plastics, Printing and Packaging Industry (Hanoi PlasPrintPack) 2023. (Photo: Van Chi)

The exhibition is organized by Vinexad Advertising and Trade Fair Joint Stock Company ( Ministry of Industry and Trade ) in coordination with Yorkers Exhibition Service Vietnam Company Limited.

With over a decade of development, HanoiPlasPrintPack has established itself as one of the most prominent industrial events in Northern Vietnam. The exhibition is organized with a scale of 220 exhibitors, 340 booths on an exhibition area of 8,000 square meters from more than 11 countries and territories such as Belgium, China, Hong Kong (China), India, Indonesia, Japan, Malaysia, Philippines, Taiwan (China), Thailand, UK and Vietnam.

Among them, representatives of the Plastics Industry with brands such as Cmic, Guibao, Bole, Cutech, Fu Chun Shin, Shini and Boucherie presented the latest technologies and innovative solutions. In the Printing field, big names such as SANSIN, Fujifilm, Epson and HX Production displayed the latest achievements in printing equipment and digital printing.

At the exhibition, visitors will also discover a wide range of packaging solutions from experts such as Li ShenQI, Bao Bi Hua Zhong, Jorn and Drick. In addition, Pan Stone, Nastah, Square Silicone and Huaqi Sealing - representing the Rubber industry, will showcase high-quality rubber products and solutions.

The exhibition also features seminars, providing the opportunity to build valuable connections and gain insight into the future of the Plastics, Printing and Packaging industries.

Mr. Hoang Quang Phong - Permanent Vice President of VCCI spoke at the event. (Photo: Van Chi)

Speaking at the opening of the Exhibition, Mr. Hoang Quang Phong - Permanent Vice President of the Vietnam Federation of Commerce and Industry (VCCI) said that along with the development of the domestic manufacturing industry, the Plastics, Packaging and Printing Industry has also recorded rapid growth, being a supporting industry with great potential that increasingly requires high-tech products, modern production and management processes to increase competitiveness in the market.

“This will be an important trade promotion activity to help investors continue to seek partners and markets, creating conditions for domestic manufacturers to access advanced technology, techniques and services to improve the quality and competitiveness of Vietnamese industrial products in the process of deep integration into the international economy,” Mr. Hoang Quang Phong affirmed.

According to the Chairman of the Vietnam Plastics Association Ho Duc Lam, the Vietnamese plastics industry currently has nearly 4,000 enterprises nationwide, most of which are small and medium-sized enterprises accounting for 90%. Plastic products are increasingly present everywhere in life because of their convenience, serving many industries such as textiles, footwear, seafood, food, electronics, household appliances, healthcare, refrigeration, construction, etc.

Over the past years, the Plastics industry has grown strongly with an average growth rate of 10-12% per year. Industry revenue in 2022 also reached more than 25 billion USD, an increase of 5.7% over the same period in 2021.

"However, the growth rate of Vietnam's plastics industry has shown signs of slowing down since the beginning of 2023 due to the global economic recession in general and the persistent impact of the Covid-19 pandemic in particular," Mr. Ho Duc Lam informed.

The exhibition is organized with a scale of 220 exhibitors, 340 booths on an exhibition area of 8,000 square meters from more than 11 countries and territories. (Photo: Van Chi)

Vietnam's plastic industry is also considered a processing industry because it has been largely dependent on imported raw materials for 70-80% over the past many years, and machinery and equipment are also imported almost 100% from major markets such as China, Taiwan (China), Korea, Japan, Germany, Italy...

The industry's plastic raw material production capacity is being significantly improved and it is expected that in the near future it will be able to meet about 50% of domestic demand with the participation of several large suppliers such as Hyosung, SCG Group of Thailand, and Nghi Son Refinery and Petrochemical Plant.

Participating in the Exhibition, Ms. Judy Wang - President of Yorkers Company (Taiwan - China) shared that the development of Vietnam's Plastics industry has really increased significantly, with plastic product output reaching 11.2 million tons in 2022. "At the Exhibition, we hope to seize this valuable opportunity to enhance your equipment capacity and explore countless new business opportunities," said Ms. Judy Wang.

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