Vietnam is a country that is ready to produce for various industries around the world and has a rapidly increasing domestic purchasing power. This reflects the growth of the packaging industry and is in line with the country's economic conditions.

Since the epidemic of COVID-19 has affected the behavior of Vietnamese consumers has changed food packaging products Consumer products, pharmaceuticals, cleaning products and health care products Including the e-commerce platform has changed in a better direction. grow in line with consumer needs.

FiinGroup has reported that during 2017-2021, the packaging industry is one of the fastest growing industries. It has an average growth rate of 11% per year for 2021, worth 13.2 billion US dollars. And it is expected that in 2023 it will grow to 12.3%.

There are manufacturers of packaging products from different nations. Many interested in investing in Southeast Asia with Vietnam as the destination And for Thai manufacturers who foresee the opportunity to invest in this industry, including

1.        SCG Packaging (SCGP) There is a network of production bases across ASEAN, including Thailand, the Philippines, Malaysia, Indonesia, Vietnam and expanding to Europe, including the United Kingdom and Spain. The Vietnamese network has entered into a joint venture with Japan's Rengo Company Limited to establish a paper packaging factory called Vina kraft Paper Company Limited (VKPC) in Ho Chi Minh City in the south of the country. and extended to Vinh Phuc province located in the north. There is a complete product production line. To support the expansion of increasing and changing market demands, including fiber packaging, performance and polymer packaging, paper products and packaging. 

2.     Indorama Ventures (IVL) The world's largest chemical company Acquired Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN), a major producer of PET packaging in Vietnam. There are 4 production bases in Vietnam covering both northern and southern regions. After the merger It will strengthen its position in the packaging market in the Asia-Pacific region with high economic growth. And has a strategy to make Vietnam a manufacturing hub in ASEAN.

It can be said that packaged goods are another indicator of the Vietnamese economy. We can consider that the packaging has been adjusted up and down according to the market demand. which is consistent with the economy at that time And this is a good opportunity for Thai entrepreneurs who are interested in investing in Vietnam. Packaging products are still in great demand in the Vietnamese market. both domestic consumption and exporting products to foreign countries

However, entrepreneurs should be aware of the concept of Environment, Social and Governance (ESG) which has played a role in business operations in the present day. In Vietnam, the production and consumption of bioplastic products is increasing. There is awareness of packaging products that are environmentally friendly, such as bioplastics. although there is still a small proportion of consumption and the price is quite high But there is a tendency to produce and consume more of this type of product.

Customers interested in doing business in CLMV or Great Mekong Subregion (GMS) countries include Cambodia, Laos, Myanmar and Vietnam. Siam Commercial Bank has overseas branches ready to take care of and provide services. If interested, contact

https://www.scb.co.th/en/corporate-banking/international-network.html

Thank you for good information from: Siam Commercial Bank Ho Chi Minh City Branch, Vietnam https://www.scb.co.th/vn/corporate-banking.html

Source

1.       SCGP. “Our Business” https://www.scgpackaging.com/en/Who-we-are/ourBusiness (accessed 23/3/23)

2.       Thaibiz-Vietnam.com “อุตสาหกรรมบรรจุภัณฑ์ของเวียดนามเติบโตร้อยละ 12.3” อุตสาหกรรมบรรจุภัณฑ์ของเวียดนามเติบโตร้อยละ 12.3 – THAI BIZ VIETNAM (thaibiz-vietnam.com) (ค้นหาเมื่อ 27/3/2566)

3.       Indrorama Venters. Indorama Ventures (ค้นหาเมื่อ 27/3/2566)

4.       DITP. “ตลาดสินค้าบรรจุภัณฑ์ในเวียดนาม” 795721.pdf (ditp.go.th) (ค้นหาเมื่อ 27/3/2566)