Product Industries - Highlight
28 March 2017
With the industry under pressure from both the cost and the environmentally concerned, systems offering savings on freight charges, while reducing packaging waste, were the headline acts at the recent Pack Expo International event.
Vietnam has number of favourable attributes, including a youthful labour force and relatively low production costs. FDI in Vietnam is not just geared towards the production of labour-intensive goods, but also more sophisticated products like IT equipment and other electronic items. But such production is largely processing activities by nature. As Vietnam still lacks supporting industries, expansion in processing production has elicited vast demand for a variety of production inputs.
Sluggish trade made for a subdued mood among exhibitors at Chicago's JF&A jewellery show. There were some bright spots, though, with many buyers favouring simple pieces worn several at a time, creating a distinct layered effect.