Competitiveness on the rise for domestic retail

Competitiveness on the rise for domestic retail

Domestic retail in Vietnam is still green compared to foreign corporations with decades of experience and lacks competitive edges in capitalizing on the markets, and the government is looking for solutions to help domestic companies retain their market share.
One of the three cosmetics which are produced by Hoa Viet Co. Ltd. and exceed the mercury limit

Cosmetics with exceeding mercury collected

The Drug Administration of Vietnam (under the Ministry of Health) has withdrawn three cosmetics, namely ‘Cream new white to be effective after 5 days’, ‘Cream Victory to be effective after 5 days’, and ‘Lavish skin as you’, produced by a branch of Hoa Viet Co. Ltd. (sited at 60/18 cluster 38, Quarter 5, Trang Dai Ward, Bien Hoa City in Dong Nai Province) from circulation.

Illustrative photo

Health watchdog suspends three cosmetics products

GHC Brightening Soap, GHC Repairing Cream and GHC Essence imported by IBP Vietnam Company in Hanoi are suspended from circulation as they have ingredients unlike its registered document.