Is it safe to use veet hair removig cream on pubic area or some other cream is available for that?

It's relatively safe. But people react differently to the cream with good and bad effects. Kindly read link and decide for yourself. http://www.reviewcentre.com/reviews74276.html.
Hair Removal. No. I would not recommend it, because it could get on the sensitive areas of the vulva. That is the area around the vagina and includes th labia.