The expos are expected to attract 230 companies, 50% higherthan that of last year’s shows, said Nguyen Ba Vinh, Director of Minh ViExhibition and Advertisement Services Co Ltd, the expos’ organiser.
They are from 20 countries and territories, and India continues tobe the country of honour at the expos, with many Indian companies taking part,he said.
Speaking at a press briefing on March 28 to introduce the fourexpos, Luu Hoang Ngoc, Deputy General Director of Vietnam Chemicals Agencyunder the Ministry of Industry and Trade, said paint, paper, rubber and plasticindustries played an important role in supporting the development of many otherindustries.
Rapid development of a rich and diverse range of products inrecent years also raised concerns about their harmful effects on theenvironment and human health. This required authorities, organisations andbusinesses to join hands to find solutions for this issue, he said.
"Green economy, circular economy and sustainable developmentare inescapable global trends, and businesses need to embrace them to enhancetheir competitiveness despite facing challenges," he added.
Nguyen Thi Lac Huyen, Chairwoman of the Vietnam Paint and PrintingInk Association, said the coating and printing ink industry recorded negativegrowth last year, with output of certain types of paints plunging between up to40-50% due to low demand in the domestic and export markets.
The printing ink industry also witnessed a decrease of around 10%in output last year, she said.
This year would continue to be a difficult year for the paint andprinting ink industry due to high prices of raw materials and a decline indemand, she said.
The expos would help firms update market information andtechnology, and find partners to boost the paint and printing ink industry’srecovery, Huyen said.
She also said that many businesses had conducted research to makemore environmentally-friendly paint products to meet market requirements.
In the plastic industry, companies had invested in giving new lifeto used plastic products, while the rubber industry had a high recycling ratewith all used types recycled, said Nguyen Quoc Anh, Chairman of the HCM CityRubber-Plastic Manufacturers Association.
By focusing on environmentally friendly and sustainablepractices, companies could gain a competitive advantage in the market, headded./.