Economy
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Multinational e-commerce platforms strengthen their foothold in Việt Nam
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| A view of the PROPAK VIETNAM 2016. More than 100 executives from Vietnamese packaging businesses took part in a seminar in HCM City yesterday meant to introduce the 2017 Interpack Fair and Exhibition to be held in Germany. – Photo plasticsvietnam.com |
HCM City – More than 100 executives from Vietnamese packaging businesses took part in a seminar in HCM City yesterday meant to introduce the 2017 Interpack Fair and Exhibition to be held in Germany.
In Việt Nam, packaging is among the fastest growing industries due to the increasing domestic demand for products as well as exports.
According to the German Food Processing and Packaging Machinary Association (VDMA), the Vietnamese packaging industry will grow at 38 per cent annually in 2015 –20, and demand for packaging machinery at 25 per cent.
“The biggest challenge for the Vietnamese packaging industry is low technology,” Richard Clemens, CEO of the VDMA, said.
"This prevents the industry from joining the international supply chain," he added.
At the seminar, German experts showed off new technologies and materials.
German packaging machines have become popular in Việt Nam, rising to second place last year with imports of nearly US$96 million, second only to Chinese ones.
Many Vietnamese enterprises have already registered to take part in the 2017 Interpack Fair and Exhibition next May in Dusseldorf, where they will jointly put up a 150sq.m kiosk hoping to enter European market.
Interpack is seeing the highest demand from exhibitors in its over 55-year history.
They have already booked 20 per cent more space than is available at the 262,400sq.m exhibition centre. Around 2,700 exhibitors from 60 countries are expected to take part. -- VNS
