Enterprises from over 10 countries and territories are showcasing a wide range of their latest equipment and machines which can help users save energy and improve performance at Việt Nam International Plastic and Rubber Industry Exhibition 2014 (VietnamPlas).
Organizers said this year’s exhibition is the venue for local and overseas material suppliers, manufacturers, traders, experts and anyone interested in the plastic and rubber industries.
In addition to innovative products, VietnamPlas is aimed to provide visitors with an insight into the latest trends of the industries in Vietnam and the world.
VietnamPlas 2014 attracts more than 220 exhibitors from Australia, China, India, Japan, South Korea, Malaysia, Saudi Arabia, Taiwan, Thailand and Việt Nam.
They are displaying industrial products, technologies and services regarding plastic machinery, machines for supporting industries, heat and control equipment, hydraulic and pneumatic, recycling, plastic and rubber raw materials at more than 350 pavilions.
The exhibition is also regarded as the convergent point for major brands including Vạn Sự Lợi Machinery Trading Co. Ltd., Duy Tân Plastics Corp., Full Shine Plastic Machinery, Venus Plastic Machinery, Nghị Tín Air Compressor, Omega Plasto and Fu Chun Shin Machinery Manufacture, among others.
According to the Taiwan External Trade Development Council (TAITRA), last year Taiwan became one of the world’s top five industrial equipment providers for plastic and rubber industry and one of the top four exporters of such products.
Ming Hui Tang, head of TAITRA’s representative office in Hồ Chí Minh City, said Việt Nam was listed among the top five major partners of Taiwan’s machine manufacturers in 2012 and Vietnamese firms now have a tendency to buy more machines from Taiwan.
VietnamPlas is a good opportunity for Taiwanese firms to introduce their new products and look for business opportunities with local partners.
Taiwanese equipment and machines have competitive prices, Tang said.
Việt Nam is investing a lot in the development of supporting industries, and plastic and rubber industries are important for local companies to join the supply chain of machines and production equipment.
Organizers said VietnamPlas has received positive responses in the past 13 years and now can bring many leading brands and latest technologies under the same roof.
Therefore, the exhibition will help visitors get updates and find advanced technologies to improve their competitive edge.
The event is expected to attract more than 12,000 visitors including professional buyers and decision makers in the plastic and rubber industries.
Statistics of the Việt Nam Plastic Association (VPA) showed that Việt Nam exported plastic products worth US$1.64 billion in 2012 and US$1.8 billion last year.
The export revenue is estimated to grow 13.5- 16.5% this year.
VPA chairman Hồ Đức Lam said Việt Nam’s plastic products are used in agriculture, manufacturing, telecommunications, and construction worldwide.
The local market also has potential to fare better in the years to come thanks to its third largest population in Southeast Asia along with its fastest-growing middle class in the region.
VietnamPlas is taking place at the Saigon Exhibition and Convention Center (SECC) in Hồ Chí Minh City’s District 7 until this Saturday.
The exhibition is organized by Việt Nam National Trade Fair and Advertising Joint Stock Company (VINEXAD) under the Ministry of Industry and Trade, Chan Chao International Co. Ltd, VPA, the Việt Nam Rubber Association, Yokers Trade and Marketing Service Co. Ltd., and Guangzhou MASS Exhibition Co. Ltd.
By NGỌC HÙNG
Source: The Saigon Times