René Muschter
Research Expert covering Industry & Mobility
Chemicals and resources in Vietnam - statistics & facts
Vietnam's chemicals and resources sector has emerged as one of the country's most profitable engines of growth in recent years. With the rapid expansion of the industrial and construction sectors, the demand for materials such as plastics, rubber, and other basic resources has surged dramatically. This heightened demand has pushed Vietnam to rely on both domestic production and imports to fill the gap. In 2023, the mining and quarrying industries alone contributed a significant 2.5 percent to the nation's GDP, highlighting the essential role these sectors play in fueling economic progress.
