Seoul, Dec. 4 -- The Republic of Korea's medical and beauty device manufacturers are increasingly viewing Vietnam where the median age is 33.4 as a promising market with strong consumer demand and rapid economic growth.
A recent overseas market report released by the Korea Trade-Investment Promotion Agency (KOTRA) highlights Vietnam's fast-expanding aesthetic and medical device sector, driven by a population of nearly 100 million, a rising middle class, and the strong influence of K-Content.
The advanced homecare device segment is developing quickly, moving beyond basic skincare products. However, RoK firms still face hurdles, including a complex distribution structure and stringent local licensing requirements.
Vietnam is witnessing a...
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