According to the forecast of the Pioneer plastics company, wishing to use plastic pipe would increase during the period of 6 years and estimates that in 2020 will reach 285 thousand tons. The forecast is in line with the general trend of the market of Vietnam and the world. As reported by industry, world economic growth is expected to top 4% and the consumption of plastic products such as food, building also on the recovery momentum. In addition, the Government of Vietnam has always had the policy of encouraging plastic industry to the position located in countries with growth rate of the world's best plastic industry.
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