The growth of the paper sector has slowed down recently in terms of consumption, production, export and import, according to the Vietnam Pulp and Paper Association (VPPA).
Hanoi (VNA) – The growth of the paper sectorhas slowed down recently in terms of consumption, production, export andimport, according to the Vietnam Pulp and Paper Association (VPPA).
The slowdown went against the rises in consumption (5 percent), production (5.4percent), imports (4.3 percent), and exports (1.7 percent), recorded in thefirst half of this year, reported the association.
It added that sales of paperfor printing newspapers dropped 46 percent year on year, while that of printingpaper went down for the first time.
Meanwhile, sales of tissuepaper still enjoyed high and stable growth at 16.5 percent, while itsproduction rose 11 percent and imports increased 71 percent.
The VPPA attributed therise to the improvement of people’s living standards and their higherrequirements of high-quality tissues.
Many enterprises held thatthe domestic paper businesses are less competitive compared to foreign and FDIfirms, forcing many domestic factories to operate under their capacity.
The association proposedthat authorised agencies should design support policies for paper firms toassist them in capital and technology transfer and trade promotion in line withthe Government’s Resolution 35/CP on supporting the paper sector’s growth to2020.
The aid is expected to helpthe firms expand their market, improve products’ quality and access low-costmaterials, thus re-gaining their market share amidst challenges from the currentstrong international integration, added the VPPA.-VNA
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Illustrative image (Source: VNA) 
