Producing plastic packaging in Vietnam

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Plastic filler masterbatch (taical beads) is a form of additive that can help plastic packaging manufacturers reduce some of the pressure on imported materials. With an average growth of 15% - 20% per year, the field of plastic packaging in Vietnam is considered an attractive industry. However, from the beginning of 2017 until now, plastic packaging manufacturers are facing a huge concern about input materials. It is PP plastic beads that are subject to a new import tax rate of up to 3%. PP plastic granules are the main raw materials of thousands of enterprises producing plastic packaging today. This item has to be imported up to 80%, so the application of the new import tariff has a direct impact on the product price, and indirectly on the competitiveness of Vietnamese enterprises in relation to other countries. foreign enterprises. In all aspects, from production and business conditions to competitiveness, foreign enterprises have shown their superiority and dominance; Meanwhile, domestic enterprises, especially small and medium-sized enterprises, are proving exhausted when they are under double pressure: both competing with foreign enterprises and being dependent on imported raw materials, techniques and machinery. According to analysts, in order to maintain market share as well as improve the ability to export to new markets, manufacturing enterprises need to constantly develop scale in both breadth and depth by innovating. technology, renewing machinery and equipment. An advantage that complements the above orientation in this period is probably the fact that the euro has the same exchange rate as the USD, creating great opportunities for businesses that are determined to invest heavily in new technologies. Some companies said they planned to import machinery from European countries such as Germany and France this year to take advantage of the golden time to save investment costs in production equipment. In addition, the material element to partially replace PP plastic is also a direction that businesses are looking for. In the current plastic industry, some enterprises such as European Plastics (EuP) are manufacturing and supplying filler masterbatch (taical beads), this additive can help businesses produce plastic products, especially in the plastic industry. packaging to replace a part of imported PP materials. This will contribute to alleviating the concerns of plastic packaging and film manufacturers in the face of pressure from imported materials. The domestic packaging industry is expected to face many major technological challenges. when the requirements of the customers for the manufacturer are increasingly strict, requiring the packaging to be thin, light, environmentally friendly, beautifully designed and printed. This is also the motivation for the whole Vietnamese plastic industry to engage in research on both raw materials and technical technology to promote the development of the whole industry.
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