Vietnam’s plastics industry has around 2,000 businesses, and 83% are located in the Ho Chi Minh City. Its plastics products having a great competitive edge for packaging, household products, and construction and engineering plastics. These plastics products have gradually reached the point to where it can control the market of several countries.
Vietnamese Government and the Ministry of Industry attach great importance to the plastics industry by establishing 5-year development plan to stimulate growth in the production of high-tech plastic parts and developing the recycling industry.