DNVN - From March 13 to 15 at Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City, Informa Markets Vietnam, in collaboration with Messe Düsseldorf Asia, organized the 11th International Exhibition on Technology, Raw Materials and Machinery for the Plastics and Rubber Industry in Vietnam - Plastics & Rubber Vietnam 2024.
The exhibition is an important opportunity for businesses to access the most modern equipment and technology from leading corporations in the world , connect, build business partnerships and update useful industry trends and knowledge.
Over 80% of the businesses exhibiting at Informa exhibition are from developed countries , thereby helping companies in the industry to access the most advanced international technology solutions right in Vietnam.
Every year, Informa exhibition attracts tens of thousands of professional visitors. Most of the visitors are board of directors, business owners or senior managers and experts, promising to bring many opportunities for businesses to promote products and establish partnerships in the Vietnamese market.
Mr. Ben Wong, General Director of Informa Markets Vietnam, shared at the exhibition opening ceremony on March 13.
According to Mr. Ben Wong, the exhibition has an exhibition space of 3,300 square meters, bringing together more than 60 exhibitors from 12 countries and territories, including 5 international pavilions from Germany, Italy, Austria, China and Taiwan. The event is expected to attract 3,500 professional visitors.
According to Mr. Ben Wong - General Director of Informa Markets Vietnam , global plastic production has nearly doubled since the beginning of the century and is expected to continue to grow rapidly due to increasing population, purchasing power and daily plastic consumption. With that desire, Informa Markets cooperates with Messe Duesseldorf Asia to bring together leading suppliers from around the world to Vietnamese enterprises, aiming to connect international business across the industry.
The size of Vietnam's plastic market is estimated to reach 10.92 million tons in 2024 and is expected to reach 16.36 million tons in 2029, growing at a CAGR of 8.44% during the period 2024 - 2029 (Mordor Intelligence, 2023).
Along with plastics, Vietnam's rubber industry also had positive changes in the first months of the year.According to data from the General Department of Customs, Vietnam's rubber exports in January 2024 reached about 260 thousand tons, worth 365 million USD, up 92.6% in volume and 99.8% in value compared to January 2023. In 2023, Vietnam was one of the five countries exporting the most rubber to China, with a total output of 1.68 million tons, worth 2.24 million USD .
Vinh Yen
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