Jm Plastics Viet Nam Company Limited (Vietnam)

Starting its history in 2003, the subject has had about 20 years of operation in the field of PE tarpaulin production for export. As shared by a female staff (in charge of general affairs), all of the output is directly exported overseas, particularly 90% are exported to the European markets such as the UK, Germany, Netherlands, Turkey, Poland, Denmark, Chile, France, Norway, Greece, etc, the rest is supplied to other markets like the USA, Japan, ... For production, it imports most main materials (plastic granules, color beads, plastic fabric, ...) from South Korea. Some additives are purchased from the domestic market, she added. Last year, its operation had a slowdown due to the general economic recession. High inflation in European countries - the subject's key export area, together with impacts from the war between Russia and Ukraine, had reduced the economy's development. Its clients had cut down orders, resulting in a decrease in both revenue and profit over the year 2021. According to the female staff, its business activity has recovered well this year with a significantly increasing number of orders. Therefore, its business results are expected to gain remarkable growth against last year.Generally, the subject is operating stably, and there is no plan for expansion in the shortcoming time.