Vietnam is estimated to have imported more than $3.2 billion worth of animal feed and raw materials in the first eight months of this year, up 20.6% from the same period last year, said the Ministry of Agriculture and Rural Development (MARD).
While cement demand continues to be weak in 2012 and 2013, capacity increased rather quickly. In 2012, total sector capacity was 68.5mn tons while total consumption was just 45.2mn tons, equivalent to 67% capacity.
Plastic packaging is an intersection sector between two industries, Plastics and Packaging. Plastics packaging sector can be broadly categorized into (i) Flexible packaging i.e. mostly for food sector; (ii) Plastic containers & Closures which are mostly for beverage sector; and (iii) Rigid packaging.
Foreign investors and players continued making the acquisition of Vietnamese companies. Japanese investors are still the most active but they had a smooth shift to small and medium companies who are good at their niche markets.