Việt Nam paper industry needs to diversify product portfolio

A paper mill. Experts suggest the paper industry should no longer invest in production of packaging paper but instead manufacture other varieties like coated, duplex, couche, and bristol papers. — Photo vppa.vn

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HCM CITY — The paper industry has potential for growth, but businesses need to avoid investment in products that have excess supply, according to the Việt Nam Paper and Pulp Association (VPPA).

It said free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Việt Nam-EU FTA would open up opportunities for industries that use a lot of paper products, like garment and textile, and footwear, as well as export opportunities for the paper industry itself.

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Source: Viet Nam News

 

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