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toy market
Update news toy market
Vietnam intensifies crackdown on Baby Three dolls amid sovereignty concerns
Market regulators are taking action against the distribution of Baby Three toys in Vietnam after reports surfaced of controversial imagery in their design.
Vietnam’s blind box toy boom fuels sales surge across industries
Up to 293,000 products featuring Labubu and Baby Three were sold through the top 30 stores on Shopee and TikTok Shop in Q2 2024.
Rampant sale of violent toys in Vietnam raises alarms
Despite legal restrictions, violent toys such as toy guns, knives, and swords are easily accessible in Vietnam, both in physical stores and online.
Made-in-Vietnam toys struggle for market share
VietNamNet Bridge - Vietnam’s toy products compete well with Chinese counterparts in quality and prices, but domestic manufacturers are weak at diversifying products and slow in launching new products.
Products for mothers and children worth $7 billion, but consumers prefer imports
VietNamNet Bridge - The market of products for mothers and children in Vietnam appears to have huge potential, but it is not easy to earn money from it.
Vietnamese toy manufacturers have low market share
VietNamNet Bridge - Vietnamese manufacturers make toys for outsourced contracts and satisfy the strict requirements set by foreign partners, but cannot cement their positions in the home market.
