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VN expects more plastic export to Cambodia

Vietnam is expected to boost its plastic exports to Cambodia , one of its largest plastic importers after Japan , the US , Germany and Thailand .
Vietnam is expected to boost its plastic exports to Cambodia , one ofits largest plastic importers after Japan , the US , Germany andThailand .

According to the Vietnam PlasticsAssociation, in March, Cambodia ’s plastic imports from Vietnamwere valued at 8 million USD, raising its total imports in the firstquarter of this year to 20 million USD.

Plastic bagswere Vietnam ’s major export item at 2.9 million USD, making up 40.2percent of the country’s export value to Cambodia .

Plastic products used in transport and package accounted for 17.6percent of Vietnam ’s export revenue with 1.27 million USD.

The bright future for Vietnam ’s plastic exports to Cambodia lieswith the strong recovery of the neighbouring country’s demand forplastic products used in daily life and construction, the associationsaid.

It is also attributed to favourablegeographical conditions, the close trade ties between the two countriesand Cambodian people’s love for Vietnamese products.

However, the association suggested Vietnamese businesses in theindustry modernise production technology, improve product quality, lowerprices, diversify products and use renewable materials to raise theircompetitiveness in the market.-VNA
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