An International Exhibition on Plastics, Packaging and Rubber opened at HCM City's Saigon Exhibition and Convention Centre on July 23.

The three-day event has brought exhibitors from India, mainland China, Taiwan (China), Singapore, the Republic of Korea and Iran who are showcasing their latest machinery and technologies used in the plastics and rubber industries.

Packaging machinery and materials are also on display.

A highlight is the participation by a large Iranian manufacturer of polymers, Amir Kabir Petroleum Co.

Ho Duc Lam, Chairman of the Vietnam Plastics Association, said the exhibition would enable the Vietnamese plastics industry to achieve greater heights in the coming years.

The sector is forecast to grow at 20 -25 percent in the coming years.

With the Trans-Pacific Partnership (TPP) and free trade agreements soon to be in place, Vietnam, besides catering to the growing domestics market, will also grow its exports exponentially, meaning the country needs highly productive machinery, new technologies and the next generation of raw materials and additives.

There will be international seminars on plastics on July 24.

The 3-in-1 exhibition, organised by Enterprising Fairs India Private Limited, a B2B Exhibition company from India, in collaboration with the Vietnam Plastic Association and Vietnam Rubber Association, closes on July 25.-VNA