Benefits of Outsourcing Beauty & Cosmetic Product Registration
Why Invest in the Beauty Industry in Vietnam
With the growth of the Vietnamese middle-income population and higher purchasing power, high-quality, well-known cosmetics are booming in Vietnam.
Even though Vietnam possesses abundant natural cosmetic raw materials, the Vietnamese cosmetic industry relies heavily on imported products. In fact, local brands account for 10 percent only.
In Vietnam, foreign brands have a natural advantage in the market as high-quality international brands and cosmetics designed for young consumers are the most demanded products.
What to Know in Order to Register Cosmetics in Vietnam
Government Office ResponsibleInternational cosmetics imported to Vietnam must be registered before entering the market. The whole process is managed by the Drug Administration of Vietnam (DAV) under the Vietnam Ministry of Health (MOH) through its safety regulations and certificates. Unfortunately, the process remains unclear as to the regulations change, which is expected from a developing country like Vietnam.
Required paperwork and certificates neededTo register cosmetics in Vietnam, importers are required to proclaim their products. The proclamation dossier includes documents such as: The process could take 2-3 months from the date of submission.
Entity Establishment for Foreign Cosmetics FirmsFurthermore, foreign investors must establish a company that is responsible for registering and putting the products on the market. A certificate of free sale, product information file, product safety certificate, and several other licenses/documents should be presented to obtain a registration number.
Beauty Products and Cosmetics Registration with Cekindo
Opportunities in the cosmetic industry are present everywhere in Vietnam. Cekindo has a professional team to provide you with comprehensive insights to open a distribution company, find a reliable business partner, and register your cosmetic products in Vietnam.