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