Thai, Japanese, South Korean investors buy Vietnamese plastics companiesVietNamNet Bridge - Many strong brands in the plastics industry have fallen into the hands of investors from Thailand, Japan and South Korea, which has raised concern about the future of the industry. Prior to that, it spent $121 million to acquire shares in seven Vietnamese plastics companies. Not only Thai, but South Korean investors are also eyeing Vietnam’s plastics market. Lam of VPA said he was concerned about the future of Vietnamese plastics companies which need capital, use outdated technologies and lack qualified workers. RELATED NEWSMany Vietnamese plastics firms change handsWill Thai giant take over Binh Minh Plastics?

Source: VietNamNet News June 11, 2018 05:03 UTC