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Vietnam’s major exhibition for the plastics and rubber industry, VietnamPlas 2026 or the 24th Vietnam International Plastics & Rubber Industry Exhibition, is set to gather industry players from international and domestic companies from 9-12 September at the Saigon Exhibition and Convention Center (SECC) to explore the latest innovations in the plastics and rubber production process and materials. Aside from processing technologies and high-performance materials, one main focus will be on the application of smart solutions to meet today’s sustainability challenges.
The exhibition is organized by Vinexad National Trade Fair & Advertising J.S.C. and Yorkers Trade & Marketing Service Co., Ltd., and co-organized by the Vietnam Plastics Association (VPA), Chan Chao International Co., Ltd. It is also supported by leading industry associations in Vietnam such as the Vietnam Rubber Association (VRA), Ho Chi Minh Rubber Plastic Manufacturer Association (RUPA), Vietnam Association of Mechanical Industry (VAMI) and Vietnam Waste Recycling Association (VWRA).
On exhibit are Plastic & Rubber Machinery, Chemical & Raw Materials, Machinery Auxiliary Industry, Heat & Control Equipment, Mould, Hydraulic & Pneumatic Equipment and Recycling Solutions.
The 2025 edition of VietnamPlas was able to set a new record after a dynamic four-day run from 17–20 September 2025 at the Saigon Exhibition and Convention Center (SECC). The exhibition gathered 650 exhibitors, welcoming 21,401 international visitors from 21 countries and regions to the largest plastics and rubber industry event in Vietnam. The show created a vibrant business atmosphere and sparked new innovations across the industry.
VietnamPlas has been able to strengthening cross-border connections and industry cooperation, providing an ideal gateway for international enterprises to explore Vietnam’s growing plastics and rubber market. With strong participation from global suppliers and local buyers, the event serves as a bridge for technology exchange, investment opportunities, and long-term partnerships across the region, while also reinforcing relationships with existing customers and expanded networks with new clients.
Vietnam’s plastics market on growth path
The country’s plastics market has been posting substantial growth. In 2026, Vietnam plastics market size is estimated at 12.83 million tonnes, rising from 2025 value of 11.84 million tonnes with 2031 projections showing 19.16 million tonnes, growing at 8.35% CAGR over 2026-2031, according to Vietnam Plastics Market Analysis by Mordor Intelligence.
Robust foreign direct investment, aggressive infrastructure outlays, and decisive regulatory modernization converge to position Vietnam as Southeast Asia’s fastest-growing plastics hub. Manufacturing relocation from China continues to swell downstream consumption, while construction investments—up 40% year over year in H1 2025—channel steady demand for pipes, profiles, and insulation materials. Local converters prioritise throughput over experimentation, scaling extrusion lines to meet surging orders. Simultaneously, sustainability mandates accelerate bioplastics adoption, nudging resin suppliers to diversify feedstocks and recycle content even as imported naphtha and propylene remain cost-sensitive inputs.
Infrastructure spending climbed 40% year over year in H1 2025 after disbursement timelines were cut from weeks to 1-3 days. Demand for PVC pipes, insulation boards, and flame-retardant cable trays has soared, reflecting Vietnam’s status as a cost-competitive construction center with costs still 60%-65% below Singapore levels. Data centre projects outpace factory builds, elevating requirements for halogen-free compounds and heat-resistant engineered resins. Circular 10/2024/TT-BXD mandates quality checks on imported building materials, a policy that favors local converters able to document compliance. Together, these trends funnel volume and value growth into the Vietnam plastics market.
Vietnam’s food processing output reached US$79.3 billion in 2024, up 7.4%, just as e-commerce adoption leapt across urban centers. As a result, converters face parallel requirements for barrier films that prolong shelf life and lightweight mailers that cut shipping costs. Protective cushioning for electronics—imports of components rose 29.3% through March 2025—adds further pull for cushioning foams and molded inserts. Government preference programs that spotlight locally made packaging tilt procurement toward domestic suppliers, encouraging capital upgrades in printing, lamination, and multilayer extrusion lines.
Packaging captured 50.35% of the Vietnam plastics market size in 2025 and is forecast to grow 8.78% by 2031. Food processors need barrier pouches that block oxygen and moisture, while e-commerce sellers demand tamper-evident, lightweight solutions that navigate last-mile delivery bruises. Electronics packaging volumes climb with component imports, boosting demand for antistatic films and thermoformed trays. Building and construction uses PVC and polyethylene in conduit, profiles, and waterproofing membranes, tapping the 40% surge in infrastructure spending.
Automotive and transportation applications gain impetus from rising export-ready vehicle production, lifting requirements for lightweight structural plastics that displace metal. Household and furniture items close the loop, especially as Vietnam scales furniture exports to North America. Diversified demand across these segments mitigates cyclical risk, anchoring resilient growth in the Vietnam plastics market.
The Law on Environmental Protection bans non-biodegradable plastic bags under 50×50 cm from January 2026 and orders a complete phase-out of single-use plastic manufacture by December 2030. Required recycling targets and producer fees add operating costs that weigh most heavily on small converters. Urban consumers increasingly choose reusable options, trimming sales of traditional packaging even as bioplastic film lines face a 20%-40% cost premium over commodity grades. While the shift unlocks premium niches for compostable resins, it crimps short-run volume across mass-market applications.
Bioplastics is still a niche, are set to grow at a 12.55% CAGR through 2031 as brand owners chase sustainability targets and new regulations unlock demand. Agricultural residues supply potential starch inputs, yet scaling remains hindered by certification hurdles and premium pricing. Still, pilot programs led by international apparel groups showcase Vietnam as a future biopolymer production site, signaling a possible inflection after 2027.
In terms of technology, extrusion claimed 61.35% of the Vietnam plastics market share in 2025 and is expected to rise at a 10.12% CAGR through 2031. Converters expand multilayer film lines for food packaging and corrugated pipes for drainage networks, choosing proven equipment that assures uptime. Blow moulding fills beverage, household, and lubricant bottle demand but stays capacity-constrained relative to extrusion. Injection molding thrives on demand for precision connectors and cosmetic closures, yet its growth lags extrusion because of higher tooling investments per SKU. Emerging processes such as 3D printing remain experimental, cushioned by government research and development (R&D) credits that encourage limited prototyping rather than mass scale.