The paper industry contributes about 1.5 percent to the country’s gross domestic product. However, the sector has not developed a growth strategy. This lack of development plans has led to imbalanced growth in the sector’s production structure and capacity.
Vietnam has about 300 enterprises working in pulp and paper industry, supplying 4.5 million tonnes of paper products every year.
Besides restrictions on scale and technical skill, the industry faces imbalanced production structure and capacity.
Vietnam has become one of the biggest forestry and wood products exporters, however, most of the enterprises have to depend on importing scrap paper sources as their input materials.
It’s forecast that the industry will see a bright prospect for growth in the coming time if timely and more practical solutions are introduced by the State’ managing and relevant units./.
