Local cosmetics sector needs preferential policiesVietnam needs more preferential policies to attract investors to the local cosmetics sector, economic experts have recommended. In addition to offering incentives to foreign cosmetics firms, Viet Nam should come up with measures to encourage the growth of local beauty products, experts recommend. The organic cosmetics sector is expected to double in value this year, she said, adding that this has encouraged multiple cosmetics manufactures to switch to organic products. While organic beauty products are expected to be on-trend, imported cosmetics will be preferred to local ones, he added. Local beauty productsLocal beauty companies are encountering many challenges, given the significant growth of the imported beauty sector and expansion of cosmetics distribution systems by foreign firms.