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Cosmobeaute Vietnam News

Great news!

The wait is over, the process of production for Cosmobeauté Vietnam 2017 Show Preview is completed and now we are going to deliver it out to you right away! The show preview will be delivered on your doorstep shortly within this month. Hope to see you soon at Cosmobeauté Vietnam!

Can't wait for the printed preview? No worry! Click the cover below to get the first-hand preview!

To date, Cosmobeauté Vietnam is acknowledged as the market leader of the industry in Vietnam, as it reflects the entirety of the industry, providing opportunities to both ASEAN and overseas companies from all aspects of beauty industry in cosmetics and perfumery, aesthetics and spa, nail, hair and accessories, halal, organics and natural products, packaging and raw materials.

Cosmobeauté Vietnam reassure its position as the biggest beauty trade exhibition in Indochina region all thanks to the presence of the international pavilions from all over the world, which enables all type of beauty businesses to achieve greater visibility with local distributors, retailers, and partners. Continuing to grow at bigger scale over the years, Cosmobeauté Vietnam is welcoming more international exhibitors at the 10th anniversary.

After the great success of Spain Pavilion during Cosmobeauté Indonesia that attracted local distributors and retailers, and numbers of businesses had developed, we officially welcome the FIRST ever Spain Pavilion to Cosmobeauté Vietnam. Brought by the Spanish Cosmetic, Toiletry and Perfumery Association (STANPA), Spain Pavilion will showcase an array of Spanish made brands and products aiming to venture into the Vietnam beauty market. Hair care, skin care, cosmetic, beauty equipment and salon furniture all the way from Spain will be showcased during the 3 days show from 18-20 April 2017!

For those who are interested to be the distributors of Spanish products, a special designated One2One business Programme will be arrange, please email to This email address is being protected from spambots. You need JavaScript enabled to view it.

Picture taken at Cosmobeauté Indonesia 2014

 

What is STANPA?

STANPA, the Spanish Cosmetic, Perfumery and Toiletry Association was founded in 1951, and represents the 85% of the manufacturing sector. It offers to the Spanish manufacturing of perfumery, and cosmetic products and related raw materials and exporting companies, institutional as well as technical, legislative and international support. The Spanish industry meets the highest European standards, and figures as the fourth larger investor in R&D in the last years in the European Union, constant research for new essences, natural products and raw materials made by the enterprises, operating with the utmost respect for the environment, has created a wide range of innovative, high quality products. Cosmetics and perfumery exports amount to €2.3 billion euros, ranking 5th in the European Union.

 

Source: http://www.stanpa.com/who-we-are/

http://www.in-cosmetics.com/en/Exhibitors/94233/STANPA-The-Spanish-Cosmetic-Perfumery-and-Toiletry-Association

  • • Economy expanded 6.21% in 2016, among the fastest in the world
  • • Disbursed FDI climbed 9% to a record $15.8 billion this year

Vietnam’s economy expanded more than 6 percent for a second year, defying a regional slowdown to remain one of the world’s best performers as manufacturing surged.

Key Points

  • • Gross domestic product increased 6.68 percent in the fourth quarter from a year earlier, up from 6.56 percent in the previous three months, the General Statistics Office said in Hanoi Wednesday
  • • The economy grew 6.21 percent in 2016, compared with the median estimate of 6.3 percent in a Bloomberg survey

Big Picture

Vietnam ranks among the world’s fastest-growing economies as its exports remained resilient to a global trade slowdown that’s hurting Singapore and China. Companies setting up plants in the country, such as Samsung Electronics Co., are transforming the nation into a manufacturing hub for electronics goods, including smartphones. The Asian Development Bank forecast Vietnam’s economic growth at 6.3 percent in 2017.

Economist Takeaway

"Vietnam is in a sweet spot right now," said Frederic Neumann, co-head of Asian economic research at HSBC Holdings Plc in Hong Kong. "Strong growth will persist in the next several years. It is continuing to gain market share in exports and even giving China a run for competitiveness. Foreign companies continue to invest in Vietnam to take advantage of its highly competitive labor and low cost. The outlook is bright and it is one of the standout economies in Asia."

Market Reaction

Benchmark five-year government bonds dropped for the first time in a week, losing four basis points to 5.64 percent. The benchmark VN Index fell as much as 0.3 percent before closing 0.1 lower in Ho Chi Minh City trading

Other Details

  • • Manufacturing gained 13.61 percent in the fourth quarter from a year earlier, fastest pace this year, Ha Quang Tuyen, head of GDP department at the GSO, said at a briefing on Wednesday
  • • Exports rose 8.6 percent in 2016, imports gained 4.6 percent, according to GSO
  • • Vietnam posted a trade deficit of $300 million in December. It had a trade surplus of $2.68 billion for 2016
  • • Retail sales rose 10.2 percent in 2016
  • • Disbursed foreign direct investment climbed 9 percent to a record $15.8 billion this year. Pledged FDI increased 7.1 percent

Source: Bloomberg Market

https://www.bloomberg.com/news/articles/2016-12-28/vietnam-s-gdp-growth-quickens-to-6-68-in-4th-quarter

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