21-24 September 2022, Saigon Exhibition & Convention Center (SECC) will host a hybrid online-offline exhibition for the printing and packaging industry. At the end, the corrugated tourists may hit the smooth road to Shenzhen (4.5 hours flight)
“Tracey, we haven’t heard from you for a while, how are you?”
“Fortunately, after two years we are back, ready to whip up new business prospects in the country,” says Tracy Chang, Senior Sales Manager at Chan Chao International Enterprise Group (Taiwan).
“Since March 15, Vietnam’s borders have been open to tourists, and you don’t even need a test to enter.
“The country’s market is beginning to adapt to new conditions and gradually recover. Today, more and more investments are coming here. This, sadly, is facilitated by the events in your country, as well as the adoption of the EVFTA (a free trade agreement between the EU and Vietnam) and CPTPP (a preferential trade agreement between 12 countries in the Asia-Pacific region) and other efforts of the Vietnamese government to attract investors.
“According to the Foreign Investment Agency, in the first three months of 2022, Vietnam absorbed $4.42 billion of investments, which is 7.8% more than last year.
“This encourages international traders to explore this market and revitalizes the Vietnamese economy. It is expected that this year its growth will make up to 7.4%.
“Over the past two years, the rise of e-commerce, beverage and food industry in Vietnam has led to an increase in demand for packaging.
“According to FiinGroup market research company, in 2020 and the first four months of 2021, the packaging industry registered 56 projects with foreign investment totaling $516 million. So, today Vietnam’s printing and packaging industry is under the ideal timeline for market expansion.”
“Well, good luck!”
“We are waiting for you in Ho Chi Minh City!”