First eco-plastic plant to be built in Vietnam

The Vietnam Plastic House Company on June 10 signed a joint-venture contract with a biodegradable plastic company in Guangzhou (China) to build a biodegradable plastic plant in Long An Province, the first of its kind in Vietnam. 

The plant, whose capacity is 3,000 tons of bio-plastic bags per annum, is funded US$10 million, of which Vietnam Plastic House Company contributes 51 percent and the rest is from its Chinese partner. It will produce biodegradable plastic bags from wheat flour.  The plant is expected to finish its construction and start operation at the beginning of 2017. 

By Minh Xuan – Translated by Thuy Doan

Other news

Most view

One hundred businesses with 120 stalls are featuring goods from Thailand at the 2013 Thai Retail Fair (Photo: VNA)

Thai commodities flood Vietnam market

While Vietnamese enterprises have struggled to export their quality goods to Thailand, Thai items have inundated the Vietnamese market in recent years.



Vegetarian buffet-good for health re-launched

Currently, vegetarian foods are becoming more and more popular not only in Buddhism but also being a trend to preserve human health and body care.


Self - introduction

Stock market

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.