Vietnam’s furniture manufacturing industry has emerged as a global powerhouse, renowned for its quality craftsmanship and innovative designs. In this introduction, we delve into a curated list of the ten leading furniture manufacturers in Vietnam, shedding light on their expertise, production capabilities, and contributions to the domestic market. Familiarizing oneself with these local industry leaders becomes imperative for those international brands aiming to compete and sell in Vietnam.
1. PHU TAI JOINT STOCK COMPANY
In 1995, Phu Tai Joint Stock Company (PTJSC) was founded. In 1995, Thang Loi Company merged with the company to increase the scale of the business and improve efficiency. In 2005, after completing equitization, the company officially changed its name from Phu Tai Joint Stock Company to Phu Tai Joint Stock Company.
The production and business of Phu Tai Joint Stock Company have always grown, and its market has expanded and stabilized. The company currently has seven member units, four factories that produce paving stone, and one factory that produces construction stone. It also has two factories that manufacture furniture and 2 Toyota service establishments. The company has an export capacity of about 40 containers (20’SP) of stone per month and 70 containers (40’SP) of wood. Phu Tai expands its operations to meet increasing demand at home and abroad.
According to information announced by Phu Tai, in 2022, the company targets revenue and pre-tax profit of VND 7,250 billion and VND 790 billion, up 11% and 21% respectively.
In terms of stone production and business, the company’s stone consumption and export are also expected to grow well this year thanks to the recovery of the domestic and international housing market after the Covid-19 pandemic. Phu Tai plans to increase the capacity of the stone and wood factory to 25% and 60% respectively in 2022-2023 compared to 2020
2. AN CUONG WOOD – WORKING JOINT STOCK COMPANY
An Cuong Wood – Working Joint Stock Company, is a major manufacturer and supplier of materials for interior decoration in Vietnam and Southeast Asia. The company is the manufacturer and distributor of a number of world-leading brands of decorative panels and industrial wooden products from Australia, Germany, Italy, and Spain. These are widely used for interior decoration in Vietnam in houses, apartments, and schools.
An Cuong currently has over 4,300 employees and 22 showrooms across the country. It also has a manufacturing facility in Binh Duong, which covers an area of 210.000 m2, with a network of agents in other countries.
An Cuong offers a wide range of products, from colors to materials.
An Cuong has invested continuously in modern equipment and machinery while expanding its factory to provide the most comprehensive interior wood solutions.
An Cuong Wood Joint Stock Company (ACG) has just announced business results in the fourth quarter of 2022 with 1,384.3 billion in revenue and 170.6 billion in profit, up 27.3% and 10.1% respectively over the same period last year.
3. KAISER 1 FURNITURE INDUSTRY (VIETNAM) CO., LTD
Kaiser 1 Furniture Industry Co., Ltd. was founded in 2004. The company is a leader in furniture manufacturing, with 100% Taiwanese capital. The company produces mainly furniture for the bedroom, living room, and dining room. Kaiser is located at My Phuoc 1 industrial park, Binh Duong Province. The factory covers 30 hectares and has a total investment of up to US$100 million.
Rubberwood, Birchwood, and high-grade woods are the main materials used in the company. Before being processed, newly imported wood is taken to a drying room in order to ensure its quality, especially with regard to moisture content. The semi-finished products are also sent to the drying chamber for humidity control and monitoring.
Kaiser has also set up a team of formation experts to ensure that the quality and delivery times are shortened. A quality management line supervises the entire production process from input to output.
4. HOA PHAT FURNITURE JOINT STOCK COMPANY
Hoa Phat Furniture Joint Stock Company, established on November 1, 1995, is the second member of Hoa Phat Group with the original name of Son Thuy Trading Co., Ltd. Under the initial leadership of Mr. Tran Dinh Long.
The company initially specialized in the distribution of imported furniture. From 1996 to 1999, after a period of building up capital, experience, and conducting market research, the company invested continuously and built factories for office swivel chairs and safe manufacturing.
The company invested in expanding its business in different areas and building new factories. Hoa Phat Trading and Production Company Limited officially changed its name on August 29, 2000.
The year 2004 was a turning point for the company’s production activities. It inaugurated the Hoa Phat Furniture Production Complex in Cat Lai Industrial Park, Ho Chi Minh City, and put into operation the Natural Wood Furniture Factory.
5. TRUONG THANH FURNITURE CORPORATION
Truong Thanh Furniture Corporation, formerly a wood processing factory in the highlands of Dak Lak province, was established in 1993. On August 18, 2003, the company officially switched to the joint stock company model with the name Truong Thanh Furniture Corporation.
In 2023, Truong Thanh Wood sets a business plan with a revenue of VND 2,222 billion, an increase of 10.3% over the same period, and a profit after tax of the parent company of VND 54 billion, an increase of 15 times compared to the performance in the year. 2022. Thus, by the end of the first quarter of 2023, the company has only completed 4.7% of the year’s profit plan
According to the consolidated financial statements for the first quarter of 2023 announced by Truong Thanh Wood Joint Stock Company, net revenue reached VND 331 billion, down 38% compared to the same period in 2022.
The company’s financial revenue reached VND 10 billion, down 57% over the same period in 2022 and other incomes also decreased from VND 3.5 billion to VND 471 million.
At the end of the first quarter of 2023, TTF’s profit was 1.8 billion VND, down 90% compared to the same period last year. Profit after tax of the parent company reached 2.52 billion VND, down 83.5%.
6. DEWBERRY
Old, they say, is gold, and Dewberry is an excellent case in point. This 25-year-old furniture company creates high-quality products characterized by a unique identity. Dewberry works in collaboration with the French Interior Group to design furniture products. With their unique French style and handmade manufacturing methods, they make some of the best furniture in the market. And there is also available for you to wholesale industrial furniture, with mature craftsmanship and various styles to meet your needs.
Dewberry prides itself on crafting artistic, classic furniture and interior accessories. The firm’s use of 19th-century techniques and high-quality wood is a testament to its dedication to customer satisfaction. Dewberry’s products can help you fulfill customers’ specifications and preferences to the tiniest detail.
Dewberry manufactures a wide range of furniture products. Although these products are categorized into 23 collections, here are some of them:
- Rose
- Perle
- Heritage
- Escale
- Armchairs & chairs
- Couture
7. TIEN PHU INTERIOR CO
If you are looking for the most comfortable couches in Vietnam, a trip to Tien Phu Interior Co may be in order. Tien Phu Interior Co is a manufacturer and supplier of a variety of couches. These couches are made from different materials such as leather, felt, and fabric – to mention a few.
For indoor items such as couches, sofas, or mattresses, Tien Phu Interior Co may be your best bet. The furniture company offers an exquisite covering service for couches, sofas, and beds. Their product designs are of high quality and built to satisfy both local and international markets.
Tien Phu Interior Co carefully crafts its products to suit each customer’s taste. Some of these products include:
- Leather couch
- Bedroom Sofa
- Fabrics Sofa
- Lounge Sofa
- Wingback headboard
- Sofa mattress
- Covering service for couch and mattress
8. THINH PHU FURNITURE
Thinh Phu Furniture is renowned for its top-notch and elegant outdoor fittings. While the firm is relatively young, you should take nothing away from the quality of its products. They generate most of their revenue from export sales to about a dozen countries.
Thinh Phu crafts their furniture from high-quality wood and timber. These materials are mainly obtained from Acacia and Eucalyptus of FSC and non-FSC sources.
As earlier mentioned, Thinh Phu provides a wide variety of outdoor furniture and accessories, and they include:
- Sun Loungers
- Outdoor tables
- Benches
- Outdoor flooring
- Garden chairs
- Wood pallets
Thinh Phu can also make custom-made fittings and accessories with specific designs to suit your preferences
9. AZ VIETNAM FURNITURE and CONSTRUCTION
AZ Vietnam Furniture is located in Hanoi, the capital of Vietnam. It is considered to be one of the top furniture companies. The company offers exquisite furniture designs that are highly sought after by customers.
AZ Vietnam Furniture and Construction has a reputation for producing high-quality furniture. The company is also known for its production of interior products like decorative paintings, felt fabrics walls, etc.
AZ Vietnam Furniture produces a large range of furniture. Here are a few of AZ Furniture’s products:
- Couch sofa
- Bedroom sofa
- Living Room sofa
- Armchair
- Bedside table
- Bedroom chair
- Sofa carpet
- Modern bed
10. ATC CRAFT
ATC Craft is a leading manufacturing and exporting furniture company in Vietnam. Established in 2006, this firm specializes in manufacturing outdoor furniture, particularly wicker furniture. Nevertheless, it also produces indoor furniture.
ATC Craft mainly sells – about 80% of its product – to the foreign market. Interestingly, these products are primarily made from Water Hyacinth, and they include;
- Bedroom fittings
- Dining Furniture
- PVC Rattan furniture
- Rattan wicker and garden furniture
- Patio furniture sets
ATC Craft can create furniture based on your unique designs and preferences.
IN CONCLUSION
In conclusion, the landscape of furniture manufacturing in Vietnam boasts a league of exceptional players that have set a high standard for craftsmanship and design innovation. These ten top furniture manufacturers exemplify the country’s increasing favor for quality, creativity and style.
If you are looking for a local partner to distribute your furniture products in Vietnam, please contact us!
