Vietnam's chemical equipment market demand is large
2019-04-03 08:21:10 Click: 286
According to recent reports from the Vietnamese media, with the economic recovery, Vietnam's rubber, plastics, starch and other industries have shown strong development momentum, and the supporting chemical machinery equipment manufacturing industry is also a key industry supported by Vietnam. The relevant Vietnamese departments hope to strengthen exchanges with China in various forms and build a cooperation platform for enterprises of the two countries.
In recent years, the average annual growth rate of Vietnam's chemical machinery manufacturing industry has exceeded 19%. However, there are not many chemical machinery enterprises in the country, and the distribution is relatively scattered. The self-sufficiency rate of chemical machinery and equipment is less than 50%. China's chemical machinery and equipment have high quality and high technology content, and the price is moderate, which is in line with Vietnam's national conditions and the actual needs of enterprises. According to the analysis of the China-ASEAN Expo Secretariat, with the launch of the China-ASEAN Free Trade Area, the export advantages of China's chemical and mechanical equipment industry to Vietnam and other ASEAN countries will be further expanded. Chinese related companies should seize this opportunity to formulate corresponding market development strategies and gain greater market share.
