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Tan Thai Thanh Company Limited, Thiet Ke Commune, Ba Thuoc District, produces about 130 to 150 tons of paper and votive paper from bamboo each month for export to Taiwan and China markets.

However, recently, due to the difficult consumer market, the company has only maintained moderate production activities, reaching only one-third of capacity.

Mr. Pham Duy Hop, Manager of Tan Thai Thanh Company Limited
Mr. Pham Duy Hop, Manager of Tan Thai Thanh Company Limited, said: "The company has just completed the wastewater treatment system and started operating in early 2024. However, up to now, due to many difficulties in the consumer market, the company has had to stop production."
Currently, in Thanh Hoa province, there are hundreds of forest product processing establishments, including more than 10 enterprises processing forest products from bamboo and rattan to produce paper, pulp and votive paper.

Enterprises said that recently, the consumer market has encountered many difficulties, the output price of paper and votive paper products has also decreased by about 10-20%, which has greatly affected production activities. Many enterprises only maintain 30-50% of capacity to ensure moderate production activities.

Mr. Le Dang Tinh, Management Board of Song Ma Forest Products Processing Cooperative
Mr. Le Dang Tinh, Management Board of Song Ma Forestry Processing Cooperative said: "Due to the decrease in product prices and difficulty in capital turnover, businesses are facing many difficulties in production."
To overcome difficulties, businesses producing and processing paper and votive paper are making efforts to find consumption markets, promoting the application of technology to improve production efficiency and product quality. At the same time, they are seizing opportunities when the paper and votive paper consumption market recovers.

Source: THNM May 14, 2024
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