Tags foreign brands VN cosmetics market remains magnet for foreign brands Monday, Nov 09, 2020 Matsumoto Kiyoshi Holding Company, Japan’s leading retail drug chain, began its foray into Viet Nam with a flagship pharmaceutical and cosmetic store it opened in HCM City last month. 206 foreign brands franchised in Viet Nam Monday, Jul 23, 2018 The Ministry of Industry and Trade has granted 206 franchise licences for foreign brands in Viet Nam since 2007, reports from the ministry showed. VN fashion industry faces threat of takeover by foreign brands Monday, Nov 27, 2017 Analysts expressed concern that the fashion industry could possibly be taken over by foreign businesses in the near future.