Business

French keen on VN’s plastic, packing industries

A delegation representing 10 French companies will travel to Hanoi and Ho Chi Minh City from Feb. 28 – March 2 to examine the plastics and packing industries in Vietnam.
A delegation representing 10 French companies will travel to Hanoi andHo Chi Minh City from Feb. 28 – March 2 to examine the plastics andpacking industries in Vietnam.

The trip, organisedby the French Trade Commission in Vietnam (UBIFRANCE), will enable theFrench businesses to improve their understanding of Vietnam’s policiesand business opportunities through meetings with the Ministry ofIndustry and Trade, and the Plastics, Rubber and Packing Association.

Visits to industrial sites are also planned throughoutthe country, including a plant operated by the French group Arkema,near Ho Chi Minh City.

These companies are also in aposition to offer advanced technologies and services to prospectiveVietnamese partners with a series of more than 50 business meetingsalready scheduled. This will help to develop sustainable commercial,industrial and technological partnerships.

Theywill have more opportunities to make new contacts during their visit toVietnam’s 2012 Plastics & Rubber Exhibition and the 2012International Processing, Filling and Packaging Exhibition with 210exhibitors and 7,000 visitors expected.

Because ofthe poor development of support industries in Vietnam, plastics andpacking manufacturers have to import 85 percent of their materials and70 percent of the machinery. Therefore the French firms are in aposition to deliver different technologies or services, such as JmPolymers and Paprec for materials, Rep Injection, Sise and Kareville formachinery, and Wise, Mecafonction and Curtil for molding equipment.

Vietnamese companies are upgrading quickly and aiming to develop thebest technologies, mainly to get a foothold in the international market.This explains the interest in innovative firms such as Roctool orNewtec Bag Palletizing.-VNA
Follow VietnamPlus

See more

Deputy Prime Minister Nguyen Chi Dung speaks at the Vietnam Innovation and Private Capital Investment Forum 2025 (VIPC Summit 2025) in Hanoi on April 22. (Photo: VNA)

Deputy PM commits to innovation-driven growth at VIPC Summit 2025

Vietnam identifies sci-tech, innovation, and digital transformation as key economic drivers over the next decade, Deputy PM Dung said, noting that Vietnam’s strategic appeal to global tech giants is bolstered by a major shift in global supply chains, allowing the country to expand its manufacturing footprint in electronics, semiconductors, and AI.

A customer buys gold at a Bao Tin Minh Chau store in Hanoi (Photo: VNA)

Gold price hits new record

At 10am on April 22, Saigon Jewelry Company (SJC) listed gold bar prices at 120.5-122.5 million VND per tael.

A shopping centre in HCM City. The affordable and mid-range segments will remain pivotal in the city's retail property. (Photo: VNA)

HCM City retail property market faces challenges

New retail malls are consistently being introduced in districts outside the central areas, offering a wide array of business models. This trend is gradually transforming traditional street-front retail, which is under significant pressure from the growing e-commerce sector.

The event "The Essences of Vietnam Fruits" promotes typical fruits of localities across Vietnam. (Photo: congthuong.vn)

High-quality Vietnamese fruits to be showcased in Hanoi

Each displayed product will have a QR code which helps visitors easily access detailed relevant information, such as product origin, growing area, production and preservation processes, and official sales addresses.

A worker checks information on product origin at Dong A steel factory (Photo: www.sggp.org.vn)

Vietnam tightens product origin rules to boost global trade edge

As Vietnam deepens its integration into the global economy through more than 15 free trade agreements (FTAs), including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), origin transparency has become a non-negotiable requirement to access tariff preferences and avoid trade defence measures.

Production at a small enterprise in Thanh Hoa province. Linkages will help small and medium sized enterprises diversify markets. (Photo: VNA)

Local businesses should strengthen links to overcome global challenges: Experts

Tran Thi Hong Minh, Director of the Institute for Policy and Strategy Studies under the Party Central Committee’s Commission for Policies and Strategies, said: "In a world of rapid and complex changes, linkages help businesses diversify markets, connect with new models and better use resources. They are also critical in mitigating risks and enhancing overall competitiveness.”

Nestlé Vietnam announces investment expansion in Vietnam operations (Photo: thanhnien.vn)

Nestlé announces investment expansion in Vietnam operations

Since 2011, Nestlé’s NESCAFÉ Plan has supported over 21,000 coffee farming households in adopting internationally recognised sustainable farming practices. These efforts have helped reduce water use by 40–60%, cut chemical fertiliser use by 20%, and increase farmers' incomes by 30–150% through crop diversification

Vietnam to diversify markets for agricultural products amid global trade shifts. (Photo: VNA)

Vietnam to diversify markets for agricultural products amid global trade shifts

According to the Ministry of Agriculture and Environment (MAE), Vietnam’s agricultural product exports are inevitably affected by disruptions in global supply chains and the imposition of unilateral, stringent tariff policies by major economies. Nonetheless, these challenges also present an opportunity for Vietnam to adjust its export strategy and focus more intently on emerging and high-potential markets.