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【Vietnam】Vietnam’s Beauty Industry Market Attracts International Companies

Editor’s Note

This article highlights a major industry exhibition uniting over 3,000 brands from 600 companies across 24 countries, offering a vital platform for networking, tech insights, and international collaboration in the expanding beauty market.

The exhibition provides a forum for business networking, learning about the latest technologies, and fostering international cooperation in the context of a constantly growing beauty market. The event brings together over 3,000 brands from 600 companies originating from more than 24 countries and territories, including Japan, South Korea, the United States, Malaysia, France, Singapore, Spain, Thailand, Switzerland, Vietnam, Italy, and many more.

Industry Leaders Highlight Growth and Challenges

During the opening ceremony, Mr. Le Ton Dung, President of the Vietnam Association of Aesthetic Medicine (AMSV), stated that the Vietnamese beauty industry is experiencing strong development, both in market size and consumer demand. However, along with these opportunities come increasing demands regarding safety, efficacy, professional ethics, professional standards, and the responsible application of science and technology.

“New trends, such as artificial intelligence (AI) applied to data analysis and personalized care services, regenerative medicine, and minimally invasive cosmetic technology, are gradually transforming the industry landscape. This requires professionals to constantly update their knowledge, standardize their competencies, and strengthen international cooperation,” said Mr. Dung.
Los consumidores prueban y seleccionan cosméticos en la exposición. Foto: P.M.

According to Mr. Le Trung Hieu, Deputy Director of the Statistics Department (Ministry of Finance), in the recent months of 2026, the Vietnamese economy faced a mix of opportunities and challenges amidst a global economic context still plagued by uncertainties, particularly the rising trend of trade protectionism and geopolitical shifts.

Exhibition Highlights and B2B Networking

One of the highlights of this year’s fair is the B2B VIP Buyer program, designed to foster business relationships between exhibitors and manufacturers, importers, distributors, spas, clinics, and retailers. Through this program, industry professionals can schedule direct appointments with exhibitors to find partners, expand their distribution networks, and access international beauty brands.

“Beyond the exhibition and trade areas, the series of scientific conferences, specialized forums, and discussion sessions on development trends, professional standards, and legal frameworks will contribute to forming an ecosystem for the sustainable development of the beauty industry,” said Mr. Dung.
Directivos del Centro de Promoción del Comercio y la Inversión de Ciudad Ho Chi Minh y representantes empresariales visitan los stands de la exposición. Foto: K.T.
Market Potential and E-commerce Growth

Beauty industry experts also consider Vietnam to be establishing itself as one of the most promising beauty markets in Southeast Asia. Data from Statista Market Insights indicates that the cosmetics and personal care market in Vietnam will reach approximately 2.79 billion USD in 2025 and is expected to continue growing in the coming years.
Notably, e-commerce is becoming a key growth driver for the sector. According to data from Metric, online retail sales of beauty and personal care products in Vietnam reached 74.4 trillion VND (approximately 2.83 billion USD), representing an increase of nearly 30% year-on-year, making it the highest revenue category in the Vietnamese e-commerce market.

Favorable Business Environment
El mercado vietnamita de la industria de la belleza está atrayendo a empresas internacionales.

In addition to its market potential, the business environment in Vietnam is becoming increasingly favorable thanks to administrative reforms, improvements in the legal framework for the cosmetics industry, and the effective implementation of free trade agreements such as the EVFTA and CPTPP. This is considered an important foundation for promoting import and export activities, attracting international investment, and enhancing the competitiveness and quality standards of domestic companies.

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⏰ Published on: July 23, 2026