The packaging sector is one of the most rapidly developing industries in Vietnam, driven by increased demand for consumer goods, foodstuffs and expanding Vietnamese exports of products requiring packaging.
Vietnam presently offers a strong combination of rapid economic growth, expanding personal incomes, and an excellent demographic profile that is fueling industrial production and consumer demand. These trends have led to packaging becoming one of the most rapidly developing industries in Vietnam. According to the Vietnam Packaging Association (Vinpas), the packaging sector is growing at least 15% - 20% per year.
At present, Vietnam has more than 900 packaging manufacturers, about 70 percent of which are located in the southern part of the country. The market may be broken down into five major types: (1) plastic packaging; (2) cardboard/paper; (3) metal containers; (4) glass; and (5) others.

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Industrial production in April has shown signs of recovery, with a 5.4 per cent increase year-on-year, according to the General Statistic Office (GSO). The recovery could be seen in all three sectors. The private sector saw the biggest growth with 9.1 per cent, while the State sector saw 4 per cent and the foreign direct investment sector 3.1 per cent.
Domestic enterprises are paying increasing attention to product design and packaging, which has opened up more opportunities for the packaging industry in Viet Nam. As the economy has become more open, local enterprises are able to keep up to date with the latest trends in packaging and satisfy diverse demands.