Consumer demand in the domestic market is weak due to consumers' limited travel, which has a great influence on the market demand, as well as a significant impact on the jobs of workers, the cost of businesses. suffer if the COVID-19 epidemic persists.

President of Vietnam Plastic Association (VPA) ,Mr.Ho Duc Lam has sent a dispatch to the Ministry of Finance, Industry and Trade, Vietnam Chamber of Commerce and Industry, proposing to support enterprises in plastic industry in the time COVID-19 continues. The process is very complicated.

 filler calcium carbonate

Tan Ky calcium carbonate is using widely in making filler calcium carbonate masterbatch


 

According to Mr. Lam, China is the fourth largest import market of Vietnam's plastic products, with a turnover of US $ 148.7 million, accounting for 4.3% of total plastic product export turnover.

 

Currently many businesses in the plastic industry import raw materials, chemicals and additives mostly from China.

 

If the situation lasts until the end of the first quarter, there will be no production materials, affecting the progress of export orders of businesses. At the same time affecting the jobs of workers, the costs businesses incur in the time of no orders.

 

"We propose the inter-ministerial proposal to the Government and the State Bank of Vietnam to consider the mechanism to support enterprises before the impact of the epidemic on allowing debt freezing, rescheduling, reducing loan interest rates, loan structure. , extending the tax payment schedule ... to help a number of enterprises engaged in production and business activities facing difficulties, "Lam said.

 calcium carbonate for blowing film

Pic2: Tan Ky is still producing calcium carbonate for plastic but low demand

 

According to VPA's assessment, the complicated movements of COVID-19 not only affect the export production activities of enterprises in the plastic industry in the near future, but further, consumer demand in the domestic market. It will also be difficult to recover as quickly as the enterprise expects.

 

Translatior from tuoitre.vn

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