CHEMICAL INDUSTRY IN VIETNAM – CURRENT MARKET TREND

Nowadays, industrial chemical factories are appearing more and more in big cities of Vietnam. The reason is that the chemical industry in Vietnam has been developing strongly in recent times. Through this article, let's learn about this industry with VNT

What is the chemical industry?

Basic industrial chemicals are chemicals produced in large or very large quantities, mainly used in the chemical industry and other industries before becoming products for consumers in general.

Industrial chemicals have high applicability and service, widely used for many economic purposes and different fields in life such as: Plant protection (fertilizers, pesticides ...), used in printing, paints and inks, colors (dyes and pigments), textile industry, writing paper ...

Market trends of the chemical industry

Characteristics of the chemical industry in Vietnam

Diversity of products serving all technical economic sectors. From there, this chemical industry can exploit all the strengths of the country's resources.

From minerals, oil and gas to products, by-products and even waste from the agricultural industry ... The chemical industry plays an extremely important role in the economy. It is a key economic sector of a country.

The chemical industry in Vietnam is still quite new ...

Evaluation of the characteristics of the technological chemical industry in Vietnam is generally backward, with low labor productivity. With some basic sectors such as kerosene, organic chemistry, they are basically not yet formed or have just started.

The chemical industry in Vietnam is still not capable of meeting the needs of other economic sectors. Many essential products of the chemical industry such as soda, plastics, synthetic fibers or dyes are still not produced in Vietnam. Industries that use raw materials mainly depend on imports.

Characteristics of the chemical industry in Vietnam

Our country's chemical industry accounts for a significant proportion of the industrial structure of 11.2%. However, compared to developing countries in Southeast Asia, this industry's chemical production capacity is still very small.

We, VNT Chemicals, are proud to be a leading chemical distribution company that is developing strongly in this chemical industry. Committed to high quality and prestige.