PROPAK VIETNAM 2021: Keep The Pulse On New Trends And Make Business Connections In Processing And Packaging Industry
In 2020, COVID-19 has changed the conversation around every consumer behaviour in packaging industry. Being one of the first Asian countries to successfully contain the spread of the pandemic, Vietnam’s packaging industry has remained strong and witnessed a slight increase in demand of Food, FMCG, Retailers… despite the market volatilities arising from the closure of retail outlets and horeca establishment. According to the Vietnam Pulp and Paper Association, the demand for packaging paper was expected to strengthen to a pace of 14% over the next five to ten years. Also, the booming e-commerce market that has risen 30% year-on-year, the increasing foreign investment and the favorable regulatory environment have led a strong growth in packaging demand of the country.
2021 has seen also the expansion of overseas packaging groups towards Vietnamese market. As Vietnam takes the position of a favoured manufacturing hub, foreign investors have been seeking the opportunities in the country to implement their operations and foster their business. Thailand’s Siam Cement Group PLC entered into 70% Share Purchase Agreement with Duy Tan Plastics JSC, the leading company in the plastic goods markets in Vietnam last February 2021.
Registered the high FDI inflow of USD 24.56 million (equivalent to 64.6% in total), the processing industry is expected to take a leap into its development stage in 2020. Thus, the slight chance from the rising local demand, the FDI inflow and the free trade agreement (FTA) have made a room for the processing and packaging industry to become a key driver of Vietnam’s economic in the future.
ProPak Vietnam has prided itself in supporting the processing and packaging industry for 14 years. Returning to Ho Chi Minh city this July, ProPak Vietnam 2021 aims to become a premier networking for all domestic and international industry’s practitioners. It is a celebration of the cutting-edge products and technologies of the packaging in Food & Beverages, FMCG and Pharmaceutical industries. This year, 580 exhibitors from 31 countries and regions on one-stop sourcing platform will inspire and enthuse visitors about the innovations and the potential business opportunities. Especially, stay updated on a new trend that shape the future packaging, ProPak Vietnam 2021 will showcase a Smart Packaging Zone that has married an intensive innovation and a strong tech together, committing a place to learn new idea and figure out the business roadmap for all trade visitors.
This year, Informa Markets Vietnam, the organizer of ProPak Vietnam 2021, will launch the hybrid version that have both virtual and physical, in-person components to engage the international community. “In response to the COVID-19 pandemic, we have introduced countermeasures to ensure business continuity in our marketplaces – allowing and assuring our buyers and sellers their ability to connect not only when trade exhibitions are permitted, but also when communication and commerce move online and when health and safety measures require social distancing. Wherever buyers and sellers may be located, using our online solutions, we ensure our trade events remain effective with extended reach via the internet. » - Tee Boon Teong, General Manager – Informa Markets Vietnam.
Date & Time: 9h – 17h | 28 – 30 July 2021
Venue: Saigon Exhibition and Convention (SECC) – 799 Nguyen Van Linh Parkway, District 7, Ho Chi Minh City