The Vietnam Plastics Association stated that at present, only two materials, PVC and PET, can meet 30% of exports and 70% of domestic production. The annual output of PVC materials is 200,000 tons, and the annual output of PET materials is 145,000 tons. Therefore, Vietnam still needs to import 70-80% of plastic raw materials, mainly imported raw materials for PP, PE, PS. At the same time, 95% of plastics production equipment needs to be imported.
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