Plastic companies in Vietnam need to proactively innovate their machinery and technology to make hi-tech products.
Some famous household plastic brands in Vietnam such as Cho Lon, Dai Dong Tien and Song Long have dominated the local market and partly pushed back imported products from Thailand, Indonesia and China thanks to its reasonable price and quality.
According to Vietnam Plastics Association (VPA), in 2013, Vietnam exported plastic products to 151 countries with total quota of US$1.8 billion, an increase of 13.3 percent compared to 2012. Vietnamese made plastics products are used widely in various fields of agriculture, industry, telecommunications, construction with an expected growth of 13.5 percent-16.5 percent in 2014.
However, the biggest challenge of Vietnam is weak capacity, production technology is still limited. Especially, plastic companies in Vietnam are not focusing on high class product segment, which is then dominated by foreign companies. Experts say that Vietnamese companies should proactively invest in market research, modern machinery and technology, design capacity.
The 14th Vietnam International Plastic and Rubber Industry Exhibition (VietnamPlas) held at Saigon Exhibition & Conference Centre (SECC) from November 5-8 is a good opportunity for Vietnamese companies to access modern technology and equipment.
VietnamPlas 2014 is co-organised by Vinexad, Chan Chao International Co., Ltd (Taiwan), VPA, Vietnam Rubber Association (VRA), Yorkers Trade & Marketing Service and Shenzhen Mass Exhibition Co., Ltd. Exhibition Co., Ltd.
VietnamPlas 2014 is the unique exhibition to show high class and most advanced products in the plastic industry. It attracted 220 exhibitors from 10 countries and territories including Australia, China, India, Japan, Korea, Vietnam, etc. The exhibition displays a comprehensive range of industrial products, technologies and services related to Plastic Machinery, Machinery Auxiliary Industry, Heat and Control Equipment, Hydraulic and Pneumatic, Recycling, Plastic and Rubber, Raw Material. Top exhibitors from international leading brands, namely Van Su Loi, Rang Dong, Duy Tan, Full Shine Plastic Machinery, Venus Plastic Machinery, Nghi Tin Air Compressor, Omega Plasto, Fu Chun Shin Machinery Manufacture.
Ms Judy Wang, General Director of Yorkers Trade and Marketing Co., Ltd said the company, apart from displaying new equipment and technologies, provide information and connect companies between Vietnam and Hong Kong.
At VietnamPlas 2014, TAITRA, with support from Taiwan Trade Department, presences its latest industrial machinery in an effort to seek investment and cooperation opportunities in Vietnam. There are 39 Taiwanese exhibitors at VietnamPlas 2014 with hopes of displaying advanced technology and strengthen business co-operation including Fu Chun Shin, HCI, U-CAN Dynatex, Titan, Full Shine, TAMI (Taiwan Association of Machinery Industry), TMDIA (Taiwan Mold & Die Industry Association), TTPIA (The Taiwan Plastic Industry Association).
Fu Chun Shin displays its new product FCS HT-SV and shares how to combine added values and aesthetics of industrial machinery. HCI displays converting equipment used in packaging industry such as slitting machine, cutting machine, bag making machine, rewinding machine. Its FSL-TX product is purposely designed for rewinding OD requirement as large as 800 mm. MDR-A1 Rheometer type of U-CAN Dynatex is equipped with specialized system, and automatic zero adjustment at every start of testing. While Titan Plastics Compound displays specialized and high value-added compounding services and solutions to thermoplastics users.
Many local plastic companies displaying products at VietnamPlas 2014 including Duy Tan, Kim Cuong, Nghi Tin, Van Su Loi and Tan Huy Thinh.
Mr Nguyen Van Hung, Deputy Business Director of Duy Tan Plastics said that at VietnamPlas 2014, Duy Tan shows lots of newly designed products produced by new technology. Duy Tan is one of a few companies owning enclosed process from designing to finished product, ensuring reasonable price and being proactive in manufacturing on customers’ demands. Mr. Huynh Kim Tho, Director of Tan Huy Thinh Co., Ltd, revealed that the company displays plastic extrusion machines and printers of Weltec Machinery Ltd (Hong Kong). These machines are widely used in Vietnam from families (semi-automatic) to large corporations (fully automatic) because they can connect with other automatic systems. Tan Huy Thinh carries a standard 12 month warranty.
Le Phuong
Vietnamese
