Plastics & Rubber Vietnam 2024 exhibition kicks off in HCM City
The 11th international exhibition on plastics and rubber technology, materials and machinery opened in Ho Chi Minh City on March 13, with the participation of more than 60 booths showcasing products in the plastics-rubber industry from 12 countries and territories, including the UK, Germany, China, Singapore and Vietnam, among others.
Delegates at the Plastics & Rubber Vietnam 2024 exhibition in HCM City on March 13. (Photo: VNA)
HCM City (VNA) – The 11th international exhibition on plastics and rubber technology, materials and machinery open𒐪ed in Ho Chi Minh City on March 13, with theparticipation oꦏf more than 60 booths showcasing products in the plastics-rubber industry from12 countries and territories, including the UK, Germany, China, Singapore andVietnam, among others.
With a total area of 3,300 sqm, the three-day Plastics and Rubber Vietnam 2024 offersan opportunity for domestic and foreign businesses to access the latesttechnologies in the industry as well as seek potential business partners. Speaking at the opening ceremony, General Director ofInforma Markets Vietnam Ben Wong said that the event is expected to connectleading suppliers from all around the world with Vietnamese enterprises while promotinginternational trade across the plastics and rubber industry. Besides, a seriesof seminars will be held in the framework of the exhibition on different perspectives on circular economy and recycling in the plastics and rubber industry, headded. Commercial Counsellor at the Austrian Embassy in VietnamDietmar Schwank shared that Vietnam is a potential market for plastic, rubberand many other industries. The Austrian Embassy's Commercial Section HoChi Minh City is always ready to support Vietnam in investment, technologytransfer and specialised experience, he said.
The event attracts the participation of more than 60 booths showcasing products in the plastics-rubber industry from 12 countries and territories. (Photo: VNA)
According to Mordor Intelligence, the scale of Vietnam's plastics market isexpected to reach 10.92 million tones in 2024 and 16.36 million tonnes by 2029,growing at a compound annual growth rate (CAGR) of 8.44% in the period of 2024– 2029. Despite effects of the global economicsituation, stimulus policies and business support activities have contributedto maintaining the growth of Vietnam's plastic industry. Along with plastics,Vietnam's rubber industry also showed positive signs in the first months of theyear. The industry's exports in January 2024 reached 260,000 tonnes, worth 365 million USD, up 92.6% in volume and 99.8% in value year on year./.
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Delegates at the Plastics & Rubber Vietnam 2024 exhibition in HCM City on March 13. (Photo: VNA) 
The event attracts the participation of more than 60 booths showcasing products in the plastics-rubber industry from 12 countries and territories. (Photo: VNA) 
