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Vietnam E-commerce Market Chasing 35 Billion USD Valuation by 2025
May 22, 2020
On May 15, 2020, Vietnam Deputy Prime Minister signed the Decision No.645, approving Vietnam’s E-commerce Development Master Plan for the 2021 – 2025 period...
Vietnam CBEC E-commerce
NEWS

Vietnam Cancels Submission of CFS for Notification of Imported Cosmetics from the CPTPP Member States
Feb 04, 2020
For the cosmetic sector, the Vietnam Ministry of Health released the circular 32/2019/TT-BYT to implement the CPTPP. According to the circular, from February 1, 2020, the Certificate of Free Sale (CFS) is no longer required for notification of imported cosmetics from CPTPP member states...
Vietnam Entry-exit
NEWS

ASEAN Updates 5 Changes to Cosmetic Ingredients in the Annexes of ACD
Dec 10, 2019
On November 12-13, 2019 the 31st ASEAN Cosmetic Scientific Body (ACSB) meeting was held in Muntinlupa City, Philippines. During the meeting, 5 changes to cosmetic ingredients in the Annexes of the ASEAN Cosmetic Directive (ACD) were adopted by the ACSB.
Indonesia Malaysia ASEAN Philippines Singapore Thailand Vietnam Ingredients
NEWS

31st ASEAN Cosmetic Committee (ACC) Meeting and Its Related Meetings to Be Held in Philippines
Nov 06, 2019
The 31st ACC meeting and its related meetings will be hosted by Philippines on 12-15 November 2019 at the Acacia Hotel, Alabang, Muntinlupa City, Philippines. The ASEAN Cosmetic Scientific Body (ACSB) and ASEAN Cosmetic Testing Laboratory (ACTLC) will convene its meetings on 12-13 November 2019 while the ACC meeting will be scheduled on 14-15 November 2019...
Indonesia Malaysia ASEAN Philippines Singapore Thailand Vietnam
ANALYSIS

Vietnam Cosmetic Sector Analysis: Growth Trends and Compliance Requirements
Jul 30, 2019
Vietnam' s cosmetic' s sector is rapidly evolving. The growing number of middle-class in the country has driven the expansion of the cosmetic market evidenced by increasing demand for personal care and beauty products.
Vietnam Pre-market Approval Labeling/Claim/Advertising
ANALYSIS

Cosmetics Registration in Vietnam
Nov 16, 2018
According to data from the National Trade Center (ITC) and the World Bank (WB), Vietnam’s imports of cosmetic products have risen to US$1.1 billion in 2016, double that of 2011. The value is forecasted to reach US$2.2 billion by 2020. What is more, Vietnam has signed several trade agreements which will reduce tariffs on imports down to between 0-5% which will help spur growth in the sector. The most imported cosmetic products are perfumes (55%), make-up (21%), and other products such as hair products and essential oils (2%-8%).
Vietnam Pre-market Approval Entry-exit
NEWS

Vietnam Specifies Import Duty Refund Requirements
Jun 11, 2018
On May 17 and May 28, 2018, the General Department of Vietnam Customs released two official letters regarding import duty refunding. The first official letter specifies that in case a company imports raw materials, supplies for production of goods for export but it sells products to other enterprises for further production and export, it fails to meet the conditions for duty exemption...
Vietnam Pre-market Approval Ingredients Entry-exit
MARKET

Bright Prospects for International Cosmetic Enterprise in Vietnam
Mar 06, 2018
As an important emerging economy Vietnam is now being recognized as a destination offering great potential for investment. For the cosmetics industry one of the most enticing aspects of Vietnam's market is the significant growth in teenage and young adult demographics. Although Vietnam's younger generation has demonstrated an increased propensity to purchase consumer goods especially cosmetics and personal care products, loyalty and preference to specific brands hasn't been cultivated...
Vietnam Pre-market Approval
NEWS

[Market Analysis] Halal Cosmetics Market Rapid Growth Requires Further Regulatory Development
Nov 09, 2017
Halal cosmetics are a rapidly developing niche of the halal and mainstream market. The 100% natural ingredients commitment of halal products also attracts many non-Muslims. The increased popularity of these products requires development of a regulatory and certification system. Definition of HALAL In Islamic countries Halal means...
Indonesia Malaysia ASEAN Philippines Singapore Thailand Vietnam Halal Cosmetics Ingredients Post-market Surveillance
NEWS

ASEAN Explains Revision of Cosmetic Directive
Aug 18, 2017
Apart from amendments of ingredients requirements on 26th ACSB (see news on CL), ASEAN Cosmetic Committee also discussed further revision of the ASEAN Cosmetic Directive during a recent meeting. Methylisothiazonlinone (M1 or MIT) in Rinse-off product, Limits of Contaminants in Cosmetics and ASEAN Cosmetic Method (ACM) will be revised...
Indonesia Malaysia ASEAN Philippines Singapore Thailand Vietnam Ingredients Testing

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