Việt Nam News reported on Saturday, December 7, 2024 that Q&T Hi-tech Polymer, located in Hòa Lạc Hi-tech Park in Hanoi, has successfully developed its own polymer substrates for banknotes.

This was highlighted during a visit by African ambassadors on Friday, December 6, 2024.
 
The National Banknote Printing Plant of Việt Nam (NBPP) and Q&T are showcasing Việt Nam’s potential as a partner for countries seeking cost-effective and secure solutions.
 
NBPP’s two decades of expertise in polymer technology enable Việt Nam to provide substrate production and high-quality banknote printing. Nguyễn Đức Cường, chairman of NBPP stated  “We can produce all types of notes using polymer, with a capacity of up to five billion pieces annually.
 
Việt Nam’s ability to provide full-package services—from polymer substrate production to high-quality printing—positions it as an essential partner for African nations and beyond. This partnership model signifies not only a technological achievement but also a milestone of South-South cooperation.

Source: Polymernotes.org.

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