Speaking at the seminar on Vietnam paint and printing industry towards makingsafe and environmentally friendly products, Nguyen Thi Lac Huyen, chairwoman ofthe Vietnam Paint and Printing Ink Association, said the industry has beengrowing at 10 per cent a year on average and now sales top over US$1 billionannually.
The products not only meet domestic demand but are also increasingly exported,she said.
Vu Thi Hung of the Chemical Agency’s Vietnamese Centre for Emergency Response,said, “The average paint output per capita in Vietnam is still low; so theindustry’s growth opportunity is still very large.”
The printing ink segment is expected to grow along with the consumer goodssector and exports, she said.
Firms in the industry have constantly improved their technologies and developedhigh-tech inks such as nano ink and grafted gravure ink, she said.
Nguyen Chi Thanh, head of chemical industry development division at theMinistry of Industry and Trade’s Chemical Agency, said many countries haveregulations limiting the content of harmful chemicals in paints and printingink products.
Many new technologies for producing environment-friendly products have beenintroduced, he added.
Duong Thi Thuy Huong, deputy director of the Dong Nam A Paint Company, said:“With increasing incomes, consumers tend to pay more attention to the safety ofthe products they use, and paint and printing inks are no exception.”
Thanh said in the context of globalisation and the fourth industrial revolutionenterprises have to be relentlessly innovative in terms of technology andproducts.
The 2020 Coatings Expo Vietnam to be held in HCM City would be an idealopportunity for firms to learn about the latest trends and demands in themarket and enhance co-operation with their local and foreign counterparts, hesaid.
To be held from June 17 to 19 next year at the Saigon Exhibition and ConventionCentre, the seventh international exhibition and conference on the coatings andprinting ink industry is expected to attract 150 local and internationalexhibitors.
Organised by the Minh Vi Exhibition and Advertisement Services Co., Ltd and theChina National Chemical Information Centre, the event is expected to welcomeover 3,500 trade visitors./.