Company news

On 14 October 2026, in Paris, France, a delegation from the Vietnam National Chemical Group (Vinachem) led by General Director Mr. Nguyễn Hữu Tú, including Mr. Cao Thành Tín – General Director, and Mr. Lê Đình Vỹ – Deputy General Director of Lix Joint Stock Company (Lixco), attended the opening ceremony of the Cosmetic 360 International Exhibition. The event provided an opportunity for the Group to update on new technological trends, explore and research applicable solutions to enhance production capacity.

Cosmetic 360: A Forum for Innovation and Advanced Technology

Cosmetic 360 is one of the most prestigious industry exhibitions, held annually in Paris under the auspices of Cosmetic Valley – a network bringing together France’s leading cosmetics enterprises and research institutes.

The exhibition showcases innovation from leading global manufacturers and research institutes, featuring major brands such as LVMH, L'Oréal, and Shiseido. This year’s highlight was sustainable development solutions: the use of bio-based materials, green extraction technologies, and environmentally friendly packaging. For the Vinachem delegation, attending Cosmetic 360 was a valuable occasion to observe and learn from Europe’s most rigorous standards and advanced technologies, informing the Group’s own roadmap for developing its cosmetics and personal care sector.

Concrete Steps from Cooperation Commitments

This working visit was highly practical and a clear demonstration of Vinachem’s determination to realise its strategy of diversifying its product chain. It is a concrete step in following up and implementing the content of the Letter of Intent (LOI) signed by Vinachem with French partners (such as France Chimie Normandie, Cosmetic Valley, etc.) during the July 2026 visit.

The delegation’s presence at the Cosmetic 360 opening reflects a proactive and open approach to turning initial agreements into tangible research activities and real partner engagement. The core objective is to gradually access, select, and secure the transfer of appropriate technologies for application in Vietnam’s production conditions.

Connecting and Upgrading the Value Chain

At Cosmetic 360, the Vinachem delegation, particularly Lix Joint Stock Company, held multiple direct meetings and exchanges with fragrance suppliers, biological R&D centres, and partners specialising in environmentally friendly packaging.

Outcomes from these meetings will provide a practical foundation for Lix Joint Stock Company to further strengthen its research and development (R&D), gradually applying new technological solutions to optimise production processes and enhance product competitiveness in the market.

Integration Efforts and Determination to Achieve Growth Targets

Participation in Cosmetic 360 has brought valuable experience and opened new development avenues for the Vinachem delegation, especially for Lix Joint Stock Company. Through substantive international engagement, Vinachem continues to affirm its long-term development orientation, gradually integrating and aligning with global trends in the cosmetics and personal care industry.

Notably, proactively reaching out internationally, engaging with strategic partners, and securing the transfer of advanced technology are concrete actions by the Group to maximise growth potential. This clearly demonstrates Vinachem’s strong commitment to diversifying its value chain, creating new momentum, and contributing significantly to the realisation of the “double-digit growth” target for 2026–2030 as set out by the Party and Government.