Vietnam earned 435 million U.S. dollars from selling overseas plastic products in the first 11 months of this year, posting a year-on-year surge of 38 percent, said the Vietnam Plastics Association Monday.

Plastic ware producers in the country are focusing on renewing technology, further tapping such big markets as the European Union, the United States and Japan, penetrating into potential markets, including South Africa, the Middle East and India, and diversifying products.

They plan to turn out more products used in automobiles, motorbikes, electronics appliances, and drainage and oil industries, the association said, noting that local plastic packages currently account for 80 percent of the total export volume.

Vietnam's plastic industry is expected to register export revenue of some 500 million dollars this year, up from 380 million dollars last year. It plans to export 4 million tons of products totaling 1 billion dollars in 2010.

Vietnamese plastic products are now available in more than 30 countries and regions, the association said.

Source: Xinhua