Vietnam’s production of plastic products increased by 6.1 percent in December 2024 compared to November 2024, according to Vietnam’s Industrial Production Index.
Year-on-year, the sector posted a remarkable growth of 20.7 percent in December 2024 compared to December 2023. Over the entire year, cumulative growth reached 24.9 percent in 2024 compared to 2023, reflecting a robust performance in this critical industry.
The December growth highlights rising demand for plastic products in sectors such as packaging, construction, and electronics. The exceptional year-on-year and annual growth indicate Vietnam’s ability to increase production in response to both domestic and export demand for high-quality and sustainable plastic products.
The plastic industry is a vital part of Vietnam’s manufacturing ecosystem, supported by investments in advanced production technologies and eco-friendly practices. With increasing global demand for sustainable packaging solutions, Vietnam’s plastic sector is poised for further expansion in international markets.
The strong performance in 2024 reinforces the sector’s importance in Vietnam’s industrial and export landscape.
See also: Plastics Industry in Vietnam