Hong Kong healthcare and beauty retailer Watsons will open its first outlet in Ho Chi Minh City on January 17.
Vietnam needs more preferential policies to attract investors to the local cosmetics sector, economic experts have recommended.
The growing appetite of consumers for natural cosmetics has fuelled the billion-dollar domestic cosmetics market, which has recently seen increasing presence by local players.
Smuggling cases found in 2017 were down in number but up in value, said Deputy Director of the General Department of Customs’ Anti-Smuggling Department Nguyen Khanh Quang during a press conference recently held in Hanoi.
VOV.VN - Flowers, cosmetics and scarfs are special gifts on Vietnamese Women’s Day (October 20).
Avoiding the crowded industrial cosmetics market segment, Vietnamese manufacturers are developing organic products. However, the path to success has not been smooth.
Vietnam is a large cosmetics market with turnover of US$1.1 billion last year, but there is now little room for Vietnamese manufacturers.
VOV.VN - The gift market for International Women’s Day (March 8) is bustling with best-selling fresh flowers, cosmetics and clothes.
VOV.VN - The beauty and cosmetics retail market in Vietnam has been estimated to be worth US$1.7 billion annually, a figure that will likely reach US$2.35 billion by 2018, according to market research company Mintel.
The Vietnamese beauty market saw stable growth last year, with a year-on-year increase of 4%, and is expected to thrive in the years to come.
Kanebo, a cosmetics company from Japan, last week unveiled its latest product line named Kanebo featuring skincare and makeup items targeting consumers in Vietnam.
VOV.VN - Though relatively small, having generated only US$652 million in total sales last year, rising middle-class disposable incomes are feeding strong growth in the Vietnam cosmetics market.
VOV.VN -It has been unveiled that 10 Japanese cosmetics manufacturers will attend an all-day workshop in Ho Chi Minh City on November 18 in search of small and mid-size cosmetic entrepreneurial companies to distribute their products in Vietnam.
The 20th Vietnam International Fashion Fair (VIFF) 2016 is set to take place from December 22-26 at the International Centre of Exhibition, 91 Tran Hung Dao, Hanoi.
With tax reductions for beauty industry products included in free trade agreements (FTAs), Vietnam is seen as a promising market for cosmetics firms and foreign suppliers of beauty-care machines and equipment.
(VOV) - Indian businesses considers Vietnam a potential import market of their dye and basic chemicals, said S. G. Bharadi, the Acting Executive Director of the Indian Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council (CHEMEXCIL).
(VOV) - A Vietnam-China international trade fair is to open in Lang Son city’s Trade Fair Centre on October 15-22, expecting to lure 250 enterprises with a variety of products to be showcased at nearly 400 booths.
(VOV) - A Thai business delegation visited Ho Chi Minh City on August 4, and attended a seminar on investment cooperation between Vietnam and Thailand.
(VOV) -The Vietnam Chamber of Commerce and Industry (VCCI) held a meeting on May 12 with businesses from Vietnam and the Republic of Korea, resulting in a signed cooperative agreement with Korean Daegu Technopark.
Ho Chi Minh City kicked off simultaneous exhibitions of garment and cosmetics industries on April 9.