VIETNAM PULP AND PAPER INDUSTRY

The global pulp volume reached 156.8 million tons in 2017, an increase of 3.1 million tons, equivalent to 2.0% compared to 2016 because of a series of new production lines invested in the 2016-2019 period are expected a supply booming in the future market. The consumption of pulp in Asia is leading the world with 60.8 million tons of pulp in 2016 increased by 1.5 million tons, equivalent to 2% compared to 2015. In 2018 World paper output reached nearly 436 million tons 0.9% compared with the output of 432 million tons in 2017.

In 2018, Vietnam’s pulp and paper export value reached nearly 980.7 million USD, up 32.4% compared to 2017, accounting for 0.4% of the total export turnover, the highest proportion since 2014. In 2018, Vietnam collected and imported more than 3.59 million recycled paper, up 32.6% compared to 2017. Production of pulp in 2018  increased 2.25% comparing to 2017. Output Pulp has shown signs of growth since 2016 until now.

Consumption of all kinds of paper in the Vietnamese market is increasing rapidly with an average annual growth rate of 9.8% in the period of 2011-2018. Vietnam’s total paper export turnover continued to grow in the period 2011-2018 with a CAGR of 13.0%. Total exports of paper and paper products in 2018 reached nearly 980.7 million USD, up 32.4% compared to 2017.

Abbreviations
Summary
1. Business environment                            
1.1. Macroeconomic situation
1.2. Legal framework
1.3. Impact of trade agreements
2. The world pulp and paper industry
2.1. Pulp
2.1.1. Production
2.1.2. Consumption
2.1.3. Import – Export
2.1.4. Price movement of some types of pulp
2.2. Paper
2.2.1. Production
2.2.2. Consumption
2.2.3. Import – Export
2.2.4. Price movement of some types of paper
2.3. The pulp and paper market in some countries
3. The pulp and paper industry in Vietnam
3.1. History of formation and development
3.2. Value chain of the industry
3.3. Process of production
3.4. The scale and features of the industry
3.5. Pulp
3.5.1. Input materials
3.5.2. Production
3.5.3. Consumption
3.5.4. Import
3.6. Paper
3.6.1. Production
3.6.2. Consumption
3.6.3. Export
3.6.4. Import
3.6.5. Inventory
4. Overview of the industry
4.1. Risk analysis
4.2. Competitiveness analysis
4.3. Planning
4.4. Forecasts
5. Enterprise analysis
5.1. Introduction of enterprises
5.2. Indicators of business results
5.3. Indicators of finance
5.4. Indicators of performance efficiency
6. Appendix
Diana Unicharm Joint Stock Company
Kimberly-Clark Viet Nam Co, Ltd
Kraft Vina Co, Ltd
Sai Gon paper JSC
An Hoa paper JSC
Cheng Yang paper mill Co, Ltd
Box-pak Viet Nam Co, Ltd
Bien Hoa packaging JSC
Sabeco- song Lam packaging JSC

Figure 1: GDP growth, 2015 – Q3/2018
Figure 2: Production index of processing and manufacturing industry, 2012 – 9M/2018
Figure 3: Average interest rate, 2012- 9M/2018
Figure 4: Proportion of the contribution of pulp and paper industry to Vietnam’s export value, 2012- 9M/2018
Figure 5: The VND/USD exchange rate, 2011-9M/2018
Figure 6: The VND/CNY exchange rate, 2016 – 9/2018
Figure 7: Vietnam’s population and population structure in workforce, 2010-2017
Figure 8: World pulp output quantity, 2014-2020f
Figure 9: Structure of pulp production by country, 2017e
Figure 10: World pulp consumption by type, 2011 – 2017e
Figure 11: Structure of world consumption by region, 2016e
Figure 12: World pulp export – import, 2016 – 2017
Figure 13: Monthly price index of pulp, 2008 – 9/2018
Figure 14: World paper output quantity, 2012-2017e
Figure 15: Top 10 leading countries in paper production output, 2016 – 2017
Figure 16: World output quantity of paperboard and packaging paper, 2012-2017e
Figure 17: Structure of world production of paperboard and packaging paper, 2017e
Figure 18: Global tissue paper output quantity, 2000 – 2017e
Figure 19: Production structure of global tissue paper by country, 2017
Figure 20: Global paper consumption by region, 2012 – 2016e
Figure 21: Global revenue from paper consumption, 2012-2020f
Figure 22: World export value of paper, 2010-2017e
Figure 23: Structure of global paper export by type, 2017e
Figure 24: Price index of paper, 2008 – 9/2018
Figure 25: China’s pulp output quantity, 2013 – 2017
Figure 26: Paper production and consumption in China, 2016e
Figure 27: China’s pulp import-export, 2012 – 2017e
Figure 28: China’s paper import-export, 2013 – 2017e
Figure 29: Structure of China‘s pulp import, 2017
Figure 30: The US pulp production, 2010-2017e
Figure 31: The US paper production, 2011 – 2017e
Figure 32: The US import-export value of pulp, 2010 – 2017e
Figure 33: Structure of the US pulp export by value, 2017e
Figure 34: Paper trade in the US, 2016 – 2017e
Figure 35: Output quantity of paper and paperboard in Japan, 2012 – 2017e
Figure 36: Japan’s pulp import-export, 2010 – 2017e
Figure 37: Japan’s recycled paper export-import, 2010-2017e
Figure 38: Japan’s trade of paper and paperboard, 2016 – 2017e
Figure 39: Structure of Japan’s paper import, 2017e
Figure 40: Structure of Japan’s paper export, 2017e
Figure 41: Paper production from recycled paper
Figure 42: Number of enterprises in paper industry, 2010 – 2016
Figure 43: Number of labors in paper industry , 2010 – 2016
Figure 44: Revenue of paper industry, 2010 – 2017e
Figure 45: Contribution of paper industry to GDP, 2010 – 2017e
Figure 46: Recycled paper, 2010 – 2017e
Figure 47: Top 10 countries that have the highest volume of recycled paper imported by Vietnam, 2016-2017e
Figure 48: Output quantity of woodchips, 2010 – 9M/2018e
Figure 49: Output quantity of Pulp, 2010 – 9M/2018
Figure 50: Pulp consumption by volume, 2010 – 9M/2018
Figure 51: Revenue of pulp consumption, 2010 – 9M/2018
Figure 52: Pulp import, 2011 – 2017
Figure 53: Import structure of Viet Nam pulp by value, 2017
Figure 54: Paper production by type, 2011 – 9M/2018e
Figure 55: Structure of paper production by type, 9M/2018e
Figure 56: Domestically produced paper consumption, 2011 – 9M/2018e
Figure 57: Average paper consumption per capita in Vietnam,  2011 – 2017
Figure 58: Average paper consumption per capita in some countries,
2016
Figure 59: Revenue from paper industry, 2010 – 9M/2018e
Figure 60: Structure of paper consumption by type, 9M/2018e
Figure 61: Structure of tissue paper consumption by type, 2017
Figure 62: Paper export, 2011 – 9M/2018
Figure 63: Top 10 countries that are Vietnam’s major paper importers, by value 9M/2018
Figure 64: Contribution of FDI businesses to paper export, 2013 – 2017
Figure 65: Export of some paper products, 2011 – 2017
Figure 66: Paper import, 2011 – 9M/2018
Figure 67: Import of paper products, 2011 – 9M/2018
Figure 68:
Figure 69: Structure of import paper and paper products by value,
 9M/2018
Figure 70: Structure of paper import by volume, 2017
Figure 71: Inventories of some paper products, 2010 – 9M/2018e
Figure 72: Forecast pulp consumption, 2014 – 2020f
Figure 73: Forecast paper output quantity, 2015 – 2020f
Figure 74: Supply and Demand of testliner paper and wave layer paper, 2016 – 2019f
Figure 75: Growth of net revenue, 2016 – 2017
Figure 76: Gross profit margin, 2016-2017
Figure 77: Sales expenses/ Net revenue, 2016-2017
Figure 78: Administrative expenses/ Net revenue, 2016-2017
Figure 79: Financial expenses /Net revenue, 2016-2017
Figure 80: Days of sales outstanding, 2017
Figure 81: Liquidity, 2016- 2017
Figure 82: Days’ sales in inventory, 2017
Figure 83: Structure of Assets and Total assets turnover, 2017
Figure 84: Structure of debts and Debt/Equity ratio, 2017
Figure 85: Profit margin, 2017

Table 1: Energy rated consumption for paper products until the end of 2020 
Table 2: Vietnam’s average tariff (%) in ACFTA
Table 3: Tariff commitments in WTO
Table 4: Vietnam’s average tariff (%) in AKFTA
Table 5: Top 10 countries that have the highest pulp import, 2016-2017
Table 6: Pulp price made from imported wood into Asia market
Table 7: Pulp price made from recycled paper in major port of Asia
Table 8: Top 10 countries that have the highest paper export value, 2017e
Table 9: Top 10 countries that have the highest paper import value, 2017e
Table 10: Price of newspaper and printing paper in some countries of Asia
Table 11: Price of advanced printing paper and packaging paper in some countries of Asia
Table 12: Top 10 countries that have the highest pulp export value to the US,
2017e
Table 13: Output quantity of paper and paperboard in Japan,
2012 – 2017e
Table 14: Top 10largest paper companies over the world, 2017
Table 15: Some type of wood suitable for making paper
Table 16: Paper and pulp plants that have capacity of over 100,000 tons/year
Table 17: Important investment projects in paper industry
Table 18: Portfolio of investment projects by period
Table 19: Portfolio of investment projects by period
Table 20: Criteria of designed capacity
Table 21: Criteria of output quantity
Table 22: Regions of growing material trees for paper production
Table 23: Typical enterprises in paper and pulp industry, 2017