Stavian Chemical – A proof of the strong development of Vietnam’s plastic industry

Vietnam's plastic industry – Opportunities and challenges

Considered as a “late bloomer” compared to other long-standing industries such as mechanics, electricity – electronics, chemicals, and textiles, Vietnam’s plastic industry has yet to witness significant and rapid development. In recent years, this industry has become one with the highest growth index in Vietnam.

However, Vietnam's plastic industry has been facing many challenges. A few challenges can be named such as low production capacity, a high proportion of imported materials, and a low-skilled labor force compared to other countries in the region and the world. In addition, Vietnam's plastic industry still faces many restrictions regarding input policies.

Stavian Chemical – The pride of Vietnam's plastic industry

Stavian Chemical is one of the earliest pioneers as well as biggest manufacturers in the field of eco-friendly biodegradable plastic packaging in the Vietnam market. The company has its products distributed in several major supermarkets and retail chains in Vietnam as well as in nearly 100 markets and countries around the world.

Over the years, Stavian Chemical has been recognized by reliable ranking systems in not only Vietnam but also worldwide such as No. 29 in the 500 largest private enterprises in Vietnam (according to the 2021 VNR500 Report), TOP 6 largest chemical distributors in Asia – Pacific region and TOP 22 largest chemical distributors globally in 2020 (according to the independent report of ICIS).

With an aim to become a multi-industry and multinational corporation, Stavian Chemical strives to create thousands of jobs, ensure high incomes for employees, develop sustainably, and actively participate in environmental protection.

Stavian Chemical has truly contributed to the dynamic and sustainable development of Vietnam's plastic industry in the next phase, thus keeping pace with the global economic integration.

Source: Saigon Times