TON DUC THANG UNIVERSITY FACULTY OF BUSINESS ADMINISTRATION INTERNATIONAL BUSINESS ---[00--- ĐẠI HỌC TÔN ĐỨC THẮNG TON DUC THANG UNIVERSITY FINAL REPORT TOPIC: IMPORT PROCESS OF PACKAGING MATERIAL (PVC HEAT SHRINK FILM) FROM CHINA TO VIETNAM Lecturer: PHAM THUY THUY DUNG Class: 21DF0712 Group: 1 HO CHI MINH CITY, 23 December, 2023 ACKNOWLEDGEMENT Foreword, with deep gratitude our team would like to send our most sincere thanks to Ms. Pham Thuy Thuy Dung — Lecturer in International Trade Practice. Along with her passionate commitment to education combined with her new and creative ways of learning through teaching. That brought a breath of fresh air and made this topic something special.
Helps us deepen our existing knowledge and quickly absorb many new lessons and extremely useful practical experiences. Dung has become a great source of motivation to help us develop more learning spirit and desire to gain more knowledge. Furthermore, the methods and tools she suggested and led to support research and reporting were extremely appropriate and effective. This subject has taught many useful and practical skills, particularly in the field of economics.
Due to our lack of experience in writing research reports as well as our lack of knowledge, the half-time work certainly still has some limitations. I hope you and your friends will give us your feedback. I will continue to improve and develop in the future. Words of gratitude cannot fully express our deep gratitude to Ms.
Finally, my team wishes you and your friends a good educational path and more success for the future. COMMENTS FROM LECTURE TABLE OF CONTENT [. Overview and history ofthe development of plastlc packaging m Vietnam.When did the plastic packaging industry stATÉ?. cece ees cecee eects eeeeee tees cote eres cesses teeeeeeeteeneees 6 1.
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Basic ao on. ll IV oi o. Situation and operating results of the company in 3 y€aFS. Overview of the (0ê.1 Introduction to PVC shrink film.
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Negotiating and signing the corifaCt. Complete payment, receive goods and check import oCU1H€fifS. Preparation of customs clearance documents and waiting for customs clearance. Pay taxes and complete import customs clearance proc€duFes.
Procedures for changing orders and transporting goods to the warehouse.2 Consider the current mmport process of the plastic packaging mdustry (SWOT). 34 COO) NE 0) i IS) [ 0) 0055. li si BB. INTRODUCTION Trade, cooperation, and strong links between countries and economies are expanding in the context of globalisation, which is a shared tendency across all countries around the world.
From there, the Vietnamese economy has an opportunity to expand and develop in neighbouring and global countries. One of the critical necessary for helping Vietnam quickly bring about change and connect into the global flow is the expansion of import-export activity. Import-export business is one of the most essential sectors for developing countries to engage in the worldwide division of labour, build their economies, and enrich themselves. At the same time, the advancement of science and technology, developments in international law, and the elimination of customs barriers, participation in the World Trade Organisation (WTO), and the signing of bilateral, multilateral, or, more recently, accession to the ASEAN Economic Community (AEC).
Victnam provides various benefits to import-export companies in order to gain access to a huge number of potential customers worldwide. Import and export are gradually becoming a national economic resource, a factor that encourages the country's development. To ensure the efficiency and stability of import and export activities, each country, or each import-export corporation in particular, must develop and establish its own international goods forwarding process. This process will have a direct impact on the country's and firms’ import-export activities.
Understanding this, I choose the topic "Analysis of LAP TIN PACKAGING CO.,LTD's PVC Shrink Film Import Procoss." The report is divided into four chapters: CHAPTER 1 1. Overview and history of the development of plastic packaging in Vietnam In all areas of packaging production and supply, plastic packaging 1s considered the fastest growing and has the largest position in the Vietnamese market, especially when our country participates in a globally integrated economy of WTO demand.When did the plastic packaging industry start? Currently, there are no accurate documents that accurately record the history of the plastic packaging industry, there is only sparse information from many unofficial sources. In early times, people used naturally available materials such as leaves and tree bark to store food or hunt and collect items. These are also the first types of packaging in human history.
Through the evolutionary process and development of science and technology, many types of packaging with different designs, characteristics and materials emerged. Due to people's increasing need for preserving objects and food, they are becoming more and more diverse. Originally, people could only use natural materials or rudimentary packaging to store solid products. It wasn't until ceramics and terracotta were invented that people could actually absorb and store liquids.
Glass packaging appeared next. Little by little, expensive packaging made of wood or glass also revealed many disadvantages. For example, it is difficult to recover and difficult to decompose in the environment, affecting crop areas. Later, when people began to extract oil and use finished products made from oil, it was also the time when they invented plastic packaging - a type of packaging that meets most of the product packaging needs of people.
The previous type of packaging was not possible. Since then, plastic packaging has become an integral part of people's everyday lives. Not only does it play an important role in the movement of goods, but it is also becoming an important sector of the economy that supports socio- economic development. No matter where in the world or in Vietnam.
How did the plastic packaging industry develop? The plastics sector is still relatively new, both internationally and in Vietnam, as compared to other established industries like mechanics, energy, electronics, chemicals, textiles, etc., but it has seen significant growth. Only behind the textile and telecommunications sectors, the plastics industry saw some of the fastest-growing goods last year, making it one of Vietnam's fastest-growing sectors between 2010 - 2020, with an annual growth rate of 16% to 18% (only after the telecommunications and textile industries) with some of the fastest- growing products. Growth reached almost 100% per year. With its rapid development, the plastics industry is considered a dynamic sector of the Vietnamese economy.
This growth comes from a large market with great potential and especially because Vietnam's plastic industry is just beginning to develop compared to the world and plastic products are used in all parts of the world. Life includes plastic packaging products, building material plastic products, household plastic products and high-tech plastic products. What is the export and import value of the Vietnamese plastic industry? For many years, the plastics industry has always had a trade deficit, with export sales significantly lower than import sales. The value of the trade deficit increased from $7.3 billion in 2015 to $14.
Many reasons lead to trade deficits in the plastics industry. Firstly, domestic plastic materials can only cover about 20% at present, the remaining Vietnam needs to import up to 80% of its materials from abroad. Secondly, a large proportion of imported plastic materials are used to manufacture products that serve as inputs for other industries such as electronics, automobiles - motorcycles, construction, etc. However, when exported, the value of the plastic components increases.
which is not included in the export turnover of the plastics industry. Third, the main products of the plastic industry are packaging, household appliances and construction plastic pipes, which mainly serve the domestic market, while exports are insignificant. Unit: Billion USD 2015 | 2016 | 2017 | 2018 | 2019 | 2020 Import 99 110.8 |333 |42 |47 |5 Trade Deficit|73 |8LI |10.6 Source: Compiled from [TC Trademap ° Vietnam's plastic import turnover Vietnam's plastic import sales nearly tripled from $5.4 billion in 2010 to $19. The average import growth rate of the plastics industry during 2010-2019 is about 13%.
In the structure of plastic imports over the years, imported plastic raw materials always account for more than half of the plastics industry's total import turnover. Structure and value of plastic imports in the period 2015-2020 Materials Product Year Price Density tì on Density (Billion USD) | (%) USD) (%) 2015 6.6 59% 79 41% Source: General Department of Customs 1. Number of packaging enterprises in Vietnam The plastics industry is one of Vietnam's relatively young industries, but has a very rapid growth rate. To date, there are more than 4,000 companies in this industry, of which more than 99% are private companies, mainly concentrated in the southern region (which accounts for over 80% of plastics companies across the country), as it is a concentrated area act.
Many manufacturing industries produce plastic packaging products. The majority of plastics industry companies are small and medium-sized enterprises, of which more than 90% of Vietnamese plastics companies process plastics abroad without building their brands. The competitiveness of Vietnamese plastics industry companies is generally still low due to predominantly small size and limited technological level. Currently, Vietnamese plastic companies mainly use Chinese technology.
Machinery, equipment and production lines imported from China account for more than 40%. Nguyen Ngoc Sang, chairman of the Vietnam Packaging Association, said the Vietnamese packaging industry generally has a fairly high and stable growth rate. In the period 2015-2020, the average growth rate is 13. Statistics from Vietnam Packaging The association shows that there are currently about 14,000 packaging companies in Vietnam.
Of these, around 4,500 are companies in the paper packaging sector and around 9,200 are in the plastic packaging sector. "The future of the packaging industry will continue to grow with the development of Vietnam's economy, so the packaging industry is also an attractive industry for investment capital from many countries,” Mr Sang emphasized.Sang also noted that Vietnam's packaging industry is also facing many challenges. It is necessary to increase competitiveness through effective management, implement digital transformation and expand the packaging industry imto an industrial sector. Green meets the requirements of a sustainable economy.
Reasons for choosing China to import raw materials Since Vietnam's plastic packaging market is still young, the plastic industry's production lines and machinery are completely dependent on imports. Plastic packaging products — mainly imported from China and Taiwan. Generally, the equipment and technology used to produce plastic products in Vietnam are mainly Chinese technology. Despite strong development in recent years, Vietnam's plastics industry is still known only as an economic-technical industry specializing in plastics processing, although it is not completely proactive in sourcing raw materials.
for production activities. The plastics industry currently requires around 4.5 million tons of raw materials such as PE, PP, PS, PVC. every year to supply manufacturing companies. In general, the current plastics industry only takes a proactive approach to around 15-20% of input materials and chemical additives.
Importing plastic materials and products in the period 2018-2022 Unit: Billion USD 2018 2019 2020 2021 2022 Plastic materials | 9.209 Source: Statistics of the Ministry of Industry and Trade 10 From the above data, we can see that China 1s one of the countries that Vietnamese companies trust and choose to import raw matenals.
