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LG Vina Cosmetics Posts High Growth

December 9, 2005

VIETNAM: Joint-venture LG Vina Cosmetics announced that sales grew 30% in 2004 compared to the previous year’s figures. The company enjoys a 15% market share for mid-priced cosmetic products and up to 40% for high-grade products, said the company’s general director, Taek Bon Nam. The company has also signed contracts in Cambodia, Indonesia and Malaysia.

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