L.A Print Co., Ltd. (Vietnam)

L.A PRINT CO.,LTD engages in manufacturing and trading carton packaging. In many years, the subject was under the process of setting up its factory. It has started recording net sales since 2020.The General Secretary of the Vietnam Pulp and Paper Association (VPPA) said that about 90% of the output of the domestic paper industry is general packaging paper products for industrial production. Vietnam is currently the country with the largest output of general packaging paper in Southeast Asia. From September 2022 to now, paper industry enterprises have faced many difficulties due to a decrease in orders, operating at only about 50-60% of capacity. This difficulty is expected to last until the end of 2023 when both domestic consumption and export decline.Moreover, Vietnam's paper industry still faces many competitive difficulties such as dependence on imported raw materials and accessories with about 500,000 tons of pulp per year, raw export, so it is difficult to increase in added value... Therefore, paper export turnover in 2023 may decrease compared to the result of 1 million tons of paper achieved in 2022. The industry also depends on imported raw materials, unstable supply, high prices. Meanwhile, the selling price of the products could not keep up, which caused the paper businesses to suffer losses.