Mekong Beauty Show 2018 returns to Ho Chi Minh City
The Mekong Beauty Show 2018, the second of its kind, returned to Ho Chi Minh City on June 14, attracting over 200 exhibitors from countries and territories with more than 250 booths.
Visitors to the Mekong Beauty Show 2018 in HCM City (Photo: VNA)
HCM City (VNA) – The Mekong Beauty Show 2018, thesecond of its kind, returned to Ho Chi Minh City on June 14, attracting over200 exhibitors from countries and territories with more than 250 booths.
Firms from Russia, the Republic of Korea, Japan, Thailand,China, Vietnam and others introduced a variety of products, technologies andinnovations in cosmetics production.
Over 150 buyers and distributors also visited the show to seeknew partnerships and new product sources.
The Korean beauty firms were one of the highlights in theevent while MEDiCARE – the first beauty retail chain in Vietnam joined the showfor the first time.
Speaking at the opening ceremony, deputy head of the Ministryof Industry and Trade’s National Office in Southern Region Phan The Anhdescribed Vietnam, Laos, Cambodia, Myanmar as promising markets of beauty andpersonal care products with a 30 percent growth each year.
Nguyen Van Minh, said the show afford business community andconsumers a chance to update the latest organic cosmetics and treatments.
Between now and June 16, a series of activities will be heldduring the show, including a cosmetics manufacture conference with guestspeakers from the Vietnam Essential Oils andAromatherapy Association, Nanotech Thailand, China Oscars, a beauty technologyworkshop with French speakers and the second annual workshop of the VietnamBeauty Distributors & Retailers Club.
According to the IMF, four Mekong countries will achieve agross domestic product of 441 billion USD by 2020. In Vietnam, cosmeticsexport-import neared 6 billion USD last year, doubling that of 2016. The middleclass with high demand for skin care will double to 33 million by 2020.-VNA
Executives from 20 companies based in the Republic of Korea’s Gyeongsangbuk-do Province met with nearly 90 Vietnamese counterparts in HCM City on December 1 to discuss business opportunities.
Japanese experience was shared at a workshop in Hanoi on March 21 which discussed legal basis for the training and development of the beauty industry in Vietnam.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Visitors to the Mekong Beauty Show 2018 in HCM City (Photo: VNA) 
