Characteristics of Paper Industry in Vietnam and its Investment Orientations until 2030
DOI:
https://doi.org/10.14666/2194-7759-9-2-006Keywords:
Keywords: orientation, investment, Vietnam’s paper industry, projects, packaging paper.Abstract
Purpose of study: The aim of this article is to examine the characteristics of paper industry in Vietnam, types of capital investment, trends and the effectiveness of the utilization of capital investment in this industry. This contributes to assessing the current state of investment, giving some suggestions to investors and supporting Vietnam's paper industry to become a strong competitive industry in the domestic and foreign markets.
Methodology: This article is based on the quantitative analysis method using data published by the Vietnam Pulp and Paper Association (VPPA), the General Statistics Office of Vietnam and the author's calculations.
Main Findings: It is realized that although the paper industry has a lot of strengths such as low depreciation and labor costs, available regional workers, the investment in this industry still has many weaknesses that need to be overcome and require some orientations on investment objectives and plans.
Application of this study: This article provides an overview of the investment in Vietnam’s paper industry and some orientations for domestic and foreign investors.
Novelty/Originality of this study: We study the characteristics and investment status of the Vietnamese paper industry which has not been studied by many authors before.
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