VIETNAM PAINT INDUSTRY SURGES FORWARD, IGNORING THE RECESSION
December 1st, 2010
BY KARRYN MILLER
DESPITEthe global economic downturn of the last few years Vietnam's paint industryhas continued to experience growth.According to Vietnam's General Statistics Office234,000 tonnes of paint was produced in Vietnam between January 2010 and November 2010.In the same period last year production was at 181,200 tonnes.Sales are up too: the Vietnam Paint & Printing Ink Association(VPIA) (NOTE - ACRONYM IS CORRECT) predicts the country will see a 15-20% growth rate by value and a 12% growth rate by volume in the paint and coatingsmarket during ...
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