Vietnam is Newest Player in Paper Market

The Ministry of Industry in Vietnam is currently raising capital to build a paper mill. Current Vietnamese paper producers only make simpler kinds of paper, such as newsprint, writing paper, and packaging paper. The Ministry of industry will focus on developing forests and ensuring sufficient supplies of raw materials for producing 600,000 tones of pulp by 2010 and 1.8 million tones by 2020, as well as to reach the target of meeting 70 per cent of domestic demand by 2020.