Japanese personnel provider enters Vietnamese market Representative from Sunwell Solutions Vietnam Yoshioka Reito (R) A representative from Japan’s Sunwell Solutions JSC said on January 23 that its Vietnamese office officially became operational earlier this month. Sunwell Solutions, with eight years experience in providing human resources solutions, aims to increase opportunities for outstanding Vietnamese engineers working at Japanese firms and develop relations between Japanese employers and Vietnamese employees. Yoshioka Reito, a representative of Sunwell in Vietnam, stressed that although it has been established for nine years with highly technical staff, Sunwell is looking to expand its business to great customers, focusing on key fields such as information technology, automobile technology, and refinery projects. According to Reito, Vietnam’s high-quality engineers are able to meet the requirements of Japanese businesses. Sunwell was established with … [Read more...] about BUSINESS NEWS IN BRIEF 25/1
Distributors for hair products
Cosmobeauté Vietnam 2018 paves the way for foreign beauty brands
Cosmobeauté Vietnam 2018, the country’s premier beauty exhibition, is showcasing the latest products and beauty trends, paving the way for foreign companies to break into the local market. Many foreign beauty brands gather at Cosmobeauté Vietnam 2018 from April 19 to 21 The 11th beauty expo has opened for a three-day run at Saigon Exhibition and Convention Centre in Ho Chi Minh City. gathering over 210 companies from various beauty sectors. 75 per cent of the exhibitors are foreign brands hailing from countries and territories like Germany, Hong Kong, Italy, China, Japan, South Korea, Singapore, Thailand, and the US. This year's trade show presents a wide array of beauty products, including skincare, hair care, nail care, body care, cosmetics, beauty equipment, as well as spa and wellness products. It also showcases packaging and processing equipment, private labels, and raw materials. Cosmobeauté Vietnam allows local and international exhibitors to … [Read more...] about Cosmobeauté Vietnam 2018 paves the way for foreign beauty brands
Vietnam’s beauty industry targets Cambodia, Myanmar
Leong Ann Suan Jeremy, Editorial director of Beauty Cosmedica magazine, told the road show to introduce Beauty Connect Expo in Cambodia and Myanmar that Cambodia’s economic growth is steady and would remain so. With a population of 52 million, of which 39 percent are aged 25-54, it is a promising market for skincare products, he said. Ha Thi Thanh Binh, general secretary of the Associations of Vietnamese Investors in Myanmar, Cambodia and Laos, said there are not many spas and hair salons in Cambodia, and it is a good opportunity for Vietnamese firms to open them there. The number of foreign visitors to Myanmar has increased significantly in recent time, she said. The market also has a high demand for detergents, soaps, shampoos and anti-sunburn products, she said. She said Vietnamese firms could collaborate with Myanmar businesses to open shops or distribution centres to introduce beauty products in the country since foreign firms are not allowed to sell directly. Jeremy said … [Read more...] about Vietnam’s beauty industry targets Cambodia, Myanmar
VN beauty industry targets Cambodia, Myanmar
Viet Nam News HCM CITY - There is significant opportunity for Vietnamese firms to invest in the beauty sector in Cambodia and Myanmar as well as export beauty products to the two markets, participants at an HCM City conference said on Thursday. Leong Ann Suan Jeremy, the editorial director of Beauty Cosmedica magazine, told the road show to introduce Beauty Connect Expo in Cambodia and Myanmar that Cambodia's economic growth is steady and would remain so. With a population of 52 million, of which 39 per cent are aged 25-54, it is a promising market for skincare products, he said. Hà Thị Thanh Bình, general secretary of the Associations of Vietnamese Investors in Myanmar, Cambodia and Laos, said there are not many spas and hair salons in Cambodia, and it is a good opportunity for Vietnamese firms to open them there. The number of foreign visitors to Myanmar has increased significantly in recent time, she said. While most large global hotel brands are present in Myanmar, not many … [Read more...] about VN beauty industry targets Cambodia, Myanmar
Making Markets Work Better for the Poor
Making Markets Work Better for the Poor To improve the effectiveness of the market for the poor means to boost the involvement of the poor in the local and international markets, which include the role of goods and service consumers, input producers for industrial production and value chains. James Grall, principal of Development Alternatives Incorporation, said that the concept ‘base of the pyramid (BOP) showed that the poor could get involved in the market in the way they could get access to high quality and reliable goods and services. At present, BOP consists of around four billion people in the world with incomes of less than US$2,000 per annum. In Vietnam, the number of poor people is very high. According to the world norm, Vietnam has a lot of poor people. The Vietnamese norm for the poor is based on an income of VND 260,000 per person per month in urban areas and VND 200,000 per person per month in rural areas. Therefore, the development of BOP market has been … [Read more...] about Making Markets Work Better for the Poor