VIETNAM’S PAINTS AND VARNISHES INDUSTRY CONTINUES TO GROW
November 1st, 2016
VIETNAM’S construction and manufacturing sectors are driving demand for paints and varnishes as economic growth remains healthy despite speed bumps this year. While this key south-east Asian emerging market’s economic growth took a hit this year thanks to environmental issues and weak global export demand, the country’s paints and coatings industry continues to grow. Estimates at the start of 2016 of gross domestic product (GDP) growth near 7% have fallen to about 6.3%, and while that was lower than expected, it was an impressive figure compared to global ...
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