“The economic growth rate in Vietnam is high and a lot of foreign investments are being made in this country,” says Hai. “The business environment is good: The political situation is stable and there is a young and productive labor force available. Our aim is to ensure better local service to our Vietnamese customers.”
Loparex manufactures siliconized release papers, films, specialty papers, and blown film, and has plants in Asia, Europe and North America. The company’s turnover is approximately €400 million and the number of employees about 1,500.