Low input material prices to support profit margins


A woman rides a scooter along a street decorated with Vietnamese national flags ahead of Vietnam's National Day celebrations in Hanoi on September 1, 2021. (Photo by Nhac NGUYEN / AFP)

HANOI: Vietnam is currently heavily dependent on the import of PVC resins, an input material in the construction plastics production chain.

Vietcombank Securities Co (VCBS) forecasts that a low PVC price will support profit margins of businesses in the second half of 2022 (1H22) and 2023.

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