VIETNAM PLASTIC INDUSTRY

Plastics are popular materials used in production with many advantages such as durability, lightness, hardness to break, variety of colors … Plastic industry is one of the stable growth sectors of the world in the past 50 years, in which Plastic packaging industry is the largest segment accounting for 26% of total plastic production.

Vietnam plastic industry is a sector with a large number of businesses, with nearly 4,000 businesses in the country and employing 200,000 workers, most of businesses concentrate in the South. More than 80% of domestic enterprises are small and medium-sized enterprises (SMEs) with relatively limited technological level, about 85% of equipment in the industry have to be imported.

Currently, Vietnam plastic industry is in the state of trade deficit when the import turnover of plastic products is much larger than exports. The export turnover of plastic products in Vietnam in the first 3 months of 2019 increased by 19.6% over the same period in 2018.

The consumption of plastic industry in Q1/2019 was estimated to increase by 5.5% compared to 2018, thanks to the rapid increase in plastic demand, especially in the plastic packaging and construction segment. In addition, the capital contribution and holding the dominance of foreign investors also help businesses have more capital and professional sale strategies, thereby boosting domestic consumption.

According to VPA forecast, plastic export turnover will continue to increase in 2019, Japan and the US will be Vietnam’s main plastic import market. For the domestic market, plastic packaging manufacturers can also take advantage of the opportunity when spending on food and non-alcoholic drinks is expected to grow by 11% in 2019.

Abbreviations
Executive summary
I. Business environment
1. Macroeconomic situation
2. Legal framework
II. World market
1. Definition and classification
2. Production value chain
3. Production
4. Consumption
III. Vietnam market
1. Industry development history
2. M&A activities in the industry
3. Production
4. Consumption
5. Import export
IV. Industry outlook and planning
1. Outlook
2. Industry development planning
V. Enterprise analysis
1. Enterprise introduction
2. Financial analysis

Tien Phong Plastic Joint-Stock Company (NTP)
Binh Minh Plastic JSC
An Phat Plastic and Green Environment Joint Stock Company(AAA)
Ngoc Nghia Industry-Service-Trading Joint Stock Company (NNG)
Dong Nai Plastic JSC
Dong A Plastic Group Joint Stock Company (DAG)
Rang Dong Plastic JSC
Saigon Plastic Packaging Joint Stock Company (SPP)
Tan Dai Hung Plastic Joint Stock Company (TPC)

List of figures
Figure 1: GDP growth rate by quarter, 2016 – Q1/2019
Figure 2: Plastic material imports and contribution to total turnover, 2010 – Q1/2019
Figure 3: VND/USD exchange rate, 2013 – Q1/2019
Figure 4: VND/CNY exchange rate, 2013 – Q1/2019
Figure 5: Average price of crude oil and natural gas in the world, 2014 – 3/2019
Figure 6: Average electricity price, 2007 – 3/2019
Figure 7: Average interest rate, 2012- 3/2019
Figure 8: Monthly CPI fluctuation, 1/2015 – 3/2019
Figure 9: Production output of plastic and plastic raw materials globally, 2010 – 2017e
Figure 10: Plastic production in some countries, 2015
Figure 11: Plastic production in some regions, 2017
Figure 12: Plastic consumption by region, 2015
Figure 13: World plastic consumption, 2011 – 2016
Figure 14: Average plastic consumption, 2016
Figure 15: The market share of hard plastic packaging by region, 2017
Figure 16: The predicted annual growth rate in the plastic consumption of the regions, 2015-2019f
Figure 17: SCG’s ownership in Vietnam plastic enterprises, 2018
Figure 18: Number of enterprises and labor in the industry, 2010 – 2017
Figure 19: Number of plastic enterprises by region, 2010 – 2017
Figure 20: Plastic production output, 2009 – Q1/2019
Figure 21: Plastic production structure,Q1/2019
Figure 22: Production of plastic packaging, 2009 – 2018e
Figure 23: Production output of household plastics, 2009 – Q1/2019
Figure 24: Production output of construction plastics, 2009 – Q1/2019
Figure 25: Production of technical plastics and other plastics, 2009 – 2018e
Figure 26: Plastic industry’s consumption sales, 2013 – Q1/2019
Figure 27: Plastic consumption/capita in Vietnam, 1989 – 2016
Figure 28: Vietnam’s packaging market scale, 2012 – 2016f
Figure 29: Plastic pipe consumption market share in Vietnam, 2017
Figure 30: Import market structure of plastic products, 2018 – 2019
Figure 31: Imported plastic products, 2010 – Q1/2019
Figure 32: Import market of plastic products, Q1/2019
Figure 33: Structure of port, border gates of plastic and plastic product import, 2018
Figure 34: Structure of transport mode in importing plastic and plastic products, 2018
Figure 35: Structure of payment method in plastic and plastic products, 2018
Figure 36: Export of plastic products by month, 2018 – 2019
Figure 37: Export turnover of plastic products 2010 – Q1/2019
Figure 38: Structure of exporting enterprises of plastic products, 2013 – Q1/2019
Figure 39: Export market structure of plastic products, Q1/2019
Figure 40: Structure of export plastic products,, Q1/2019
Figure 41: Revenue structure of Binh Minh Plastics, 2017
Figure 42: Revenue structure of Dong Nai Plastics, 2017
Figure 43: Revenue structure of Tan Dai Hung Plastics, 2017
Figure 44: Net revenue, 2017 – 2018
Figure 45: Gross profit, 2017 – 2018
Figure 46: Gross profit margin, 2017 – 2018
Figure 47: Solvency, 2017 – 2018
Figure 48: Days of sales outstanding, 2017 – 2018
Figure 49: Inventory holding period, 2017 – 2018
Figure 50: Self-financing ratio, 2017 – 2018
Figure 51: Selling expenses/Net revenue ratio, 2017 – 2018
Figure 52: Administrative expenses/Net revenue ratio, 2017 – 2018
Figure 53: Total asset turnover, 2017 – 2018
Figure 54: Fixed asset turnover, 2017 – 2018
Figure 55: Profit ratio, 2017 – 2018

List of tables
Table 1: Energy consumption norm for plastic products to 2020
Table 2: Energy consumption norm for plastic products from 2021 to 2025
Table 3: Application by type of polymer
Table 4: Design capacity of plastic pipes of some large enterprises in the industry, 2018
Table 5: Some large enterprises producing engineering plastics
Table 6: Scale of plastic packaging business listed
Table 7: Number of shops and dealers of plastic pipe manufacturers, 2017
Table 8: Top exporters of plastics and plastic products Q1/2019
Table 9: List of projects on mold and equipment manufacture
Table 10: List of pr