Vietnam is top of the list of potential and attractive locations for investment in Asia. GDP has grown at an average of 8%/year in the past five years and is projected to exceed that figure this year. With this fast economic growth, Vietnam has been targeted for investment in every sector by major foreign companies.By the end of 2007, there were more than 8,600 foreign investment projects in Vietnam, with total registered capital of $83.1bn (€52.1bn). Increasing foreign investment boosts domestic consumption for all products, resulting in higher demand for petrochemical products.
At present, Vietnam is enhancing the reconstruction of infrastructure as road, railway and hydropower plant as well as the residents of main cities. According to the statistics of Vietnam government, the total investment on infrastructure and construction field is increasing year by year. This number in 2003 is 10 billion US$, 11.5 billion US$ in 2004, 14.3 billion US$ in 2005, 16.5 billion US$ in 2006. The annual increase rate is 16%. The investment on house construction & reconstruction is 3.1 billion US$, this number will be 4.4 billion US$ from 2006 to 2010.
Aiming this enormous market, we will hold Vietnam International Coatings & Ink Exhibition. Sponsored by Vietnam Ministry of Trade, Vietnam Ministry of Industry, Vietnam Paint & Printing Ink Association, this show will be well-received by professional visitors.