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Market Overview: Growth Amid Youth Vietnam’s cosmetics market, though relatively young, is quickly becoming one of the most dynamic in Southeast Asia. As the nation’s economy grows and living standards improve, consumers are showing increased awareness and demand for personal care and beauty products. With a market value of US$2.3 billion in 2021, Vietnam presents
In recent years, labour law compliance has become a focal point for both local and foreign-invested enterprises operating in Vietnam. Ensuring adherence to the country’s labour regulations is not only a legal obligation but also essential for fostering a transparent and productive workplace. Among various compliance aspects, handling labour discipline is particularly sensitive, as it
The Vietnamese cosmetics market is considered a high-potential sector in beauty and personal care, attracting increasing interest from foreign investors in recent years. With one of the fastest growth rates in the region, Vietnam’s cosmetics retail market is projected to have a Compound Annual Growth Rate (CAGR) of 3.32% from 2023 to 2027, reaching an
