Surging raw material prices driven by rising oil costs, along with increasing interest rates and logistics expenses, are placing significant pressure on the profitability of plastics companies in 2026

Vietnam's Plastics Industry in 2026: Where Will the Growth Come From?

Binh Minh Plastics Joint Stock Company (HOSE: BMP) is a leading player in Vietnam’s plastics manufacturing sector. With a strong financial position and market-leading product quality, the company is expected to maintain solid growth in the coming years.

Resolution 82/NQ-CP on the development of key industries marks a significant shift in Vietnam’s industrial policy mindset, signaling a more strategic and long-term approach to economic growth.

Despite being a key pillar of manufacturing and exports, Vietnam’s plastics industry is facing a strategic challenge: gaining greater control over costs and raw material self-sufficiency.

According to a report by the Vietnam Plastics Association (VPA), the country’s plastics industry continues to play a vital role in manufacturing and exports, with more than 4,000 active enterprises contributing approximately 6–7% of total industrial output and providing jobs for over 250,000 workers.