Nguyen Ngoc Minh Thy, deputy chairman of the Vietnam Packaging Association, talks about the growth of the packaging industry at a seminar held in HCM City on November 11. (Photo: VNA)
HCM City (VNA) - The packaging industry is expected to grow at12.3% a year until next year, according to the Vietnam Packaging Association.
The growth is driven by the growth in F&B, consumer goods, exports, ande-commerce.
The Vietnamese market offers huge opportunities to foreign investors, accordingto Khieu Duy Hai, director of market research and consulting of FiinGroup.
The industry posted average growth of 11% a year in 2017-21, and achievedrevenues of 13.2 billion USD last year, he told a recent seminar in Ho Chi Minh City.
The industry has four segments -- plastic, paper, corrugated, and glasspackaging - with plastic holding the largest share, according to Hai.
Knowing the long-term growth potential of the Vietnamese market, many foreigninvestors have been entering the market and expanding via mergers andacquisitions.
Green packaging has huge growth potential due to the EPR (extended producerresponsibility) scheme that encourages packaging producers to managecollection, sorting and recycling of the packaging they send into the market,the Environment Protection Law and CSR commitments by producers.
Nguyen Ngoc Minh Thy, deputy chairman of the Vietnam Packaging Association,said the industry was making efforts to accelerate digital transformation andautomation of manufacturing to improve its efficiency and product quality.
It was also catching up with key trends in global packaging materials anddesigns, with a focus on green and sustainable development, they said./.
Vietnam has become an increasingly attractive destination for international enterprises in the food, beverages and packaging industry thanks to its rapid economic growth and rising consumer demand.
The Ministry of Natural Resources and Environment (MONRE) and the Packaging Recycling Organisation Vietnam (Pro Vietnam) inked a deal in Hanoi on September 11 on joint efforts to reduce plastic waste.
Vietnam’s food processing and packaging industry has expanded by 15-20 percent annually over the past several years and is likely to grow further in the coming years, according to the Association of Vietnam Retailers (AVR).
As many as 375 firms will display their products at the Vietnam International Printing and Packaging Industry Exhibition (VietnamPrintPack), which will held in HCM City from October 16 to 19.
The latest technologies, equipment and products in the printing and packaging industry will be on display at the 20th Vietnam International Printing and Packaging Industry Exhibition (Vietnam Print Pack 2022) to be held in Ho Chi Minh City from September 21 to 24.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Nguyen Ngoc Minh Thy, deputy chairman of the Vietnam Packaging Association, talks about the growth of the packaging industry at a seminar held in HCM City on November 11. (Photo: VNA) 
