return icon

Furniture industry: time to consider producing instead of doing outsourcing

AKA Group and Tan Thanh Furniture raised the offered purchase prices continuously to scramble for the design of a chair. The final price was 10 times higher than the starting price.

The fierce scramble between the two enterprises took place within the framework of the Hoa Mai Furniture Design Competition organized by the Handicraft and Woodworking Association of HCM City (Hawa) on March 12.




This was the first time in the last 17 years that enterprises in the wooden furniture industry had an opportunity to attend an auction of products designed by prize winners. The competition is reserved for students majoring in applied design and interior decoration.

Tan Thanh Furniture finally obtained the right to own the design of the chair which won second prize at VND42 million, much higher than the starting price of VND4 million.

The designer of the chair, Quach Minh Quan, said this was the first time he had joined the ‘playing field’.

Most wooden furniture manufacturers make products according to designs provided to them and ordered by importers.

What surprised the third-year student of the interior design faculty at the Ton Duc Thang University was the fact the enterprises wanted to use his design to commercialize products. They paid a price which was 10 times higher than the starting price.

Explaining his decision to spend a big amount to buy the design, Pham Chan Quang, director of Tan Thanh Furniture, said the chair has a simple design but has sophistication and elegance. Quang believes that the products made with the design will fit many different markets thanks to the aesthetics.

For many years, Tan Thanh has been making furniture products outsourced by partners, but it still doesn’t have products designed by themselves.

Besides the design, Tan Thanh also bought four other designs at the auction.

“With the designs, we will introduce our exclusive products to international clients. This will increase the value of products,” he said.

Quang hopes that the products will be available in the market in Q4.

Besides Tan Thanh, other furniture manufacturers such as AA Corporation, Truong Thanh Corporation, AKA Group, Chan Chinh and Hanpdpick also bought designs at the auction.

Analysts said that most wooden furniture manufacturers make products according to designs provided to them and ordered by importers. The presence of over 20 manufacturers at the auction was unprecedented.

This shows that furniture manufactures have become aware of the need to shift from doing outsourcing to making products of their own.

In 2019, Vietnam exported $10.5 billion worth of wooden products.

Kim Chi 


Vietnam wooden furniture manufacturers worried, despite more orders

Vietnam wooden furniture manufacturers worried, despite more orders

Vietnamese wooden furniture manufacturers face a shortage of workers, modern technology and money to upgrade technology.

High-end wooden furniture segment promises great opportunities

High-end wooden furniture segment promises great opportunities

Stable economic growth and the strong rise of the middle class in the country are helping to attract many world-famous brands.


Censorship council under pressure when approving films related to private life

Director of the Cinema Department Vi Kien Thanh said the censorship council bears increasing responsibility, especially when censoring films related to private lives.

Young VN talent awarded 2023 Clay Research Fellowships

Pham Tuan Huy, 27, has become only the second Vietnamese talent to receive an award from the Clay Mathematics Institute (CMI) which gives out various prizes and sponsorships to promising mathematicians from around the world.

AFC praises Park Hang-seo’s “lasting legacy” in Vietnamese football

The Asian Football Confederation (AFC) has published an article titled “Park Hang-seo: A lasting legacy”, to honour the Korean coach after his magical five year journey with the Vietnamese men’s football team.

Discovering pig slaughtering festival in Vietnam

A traditional pig slaughtering festival got underway in Nem Thuong village of Bac Ninh city, northern Vietnam, on January 27 as part of activities to celebrate the new-year period.

Prague Airport wants to open direct air routes to Vietnam

Prague Airport in the Czech Republic is planning to launch new direct air routes to North America and Asia, including Chicago (US) and Vietnam.

Mural village woos more visitors to Quang Binh

The coastal village of Canh Duong in Quang Trach district, central Quang Binh province, is known for its breathtaking natural scenery. But now, the 400-year-old village attracts visitors with its beautiful and unique murals.

Intertwined opportunities, challenges for Vietnam’s economy in 2023

With certain headwinds predicted for the global economy in 2023, Vietnam too, faces considerable challenges. But opportunities are also significant if concerted and appropriate solutions are taken, an expert has said.

Tranquil beauty of Hon Chuoi - outpost island in southwestern sea

With steep cliffs and a thick primeval forest, the untouched and mysterious beauty of Hon Chuoi Island remains intact nowadays.

Vietnam among world’s 10 biggest recipients of remittances

Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD).

Phuoc Thinh departs for Mister Tourism World 2022

Phung Phuoc Thinh, the Vietnamese representative at Mister Tourism World 2022, recently left for the Philippines to compete in the final round of the male pageant.


Quang Ninh: Cross-border trading with China resumed after Tet


Auto testing centers nationwide resume operations

Soc Trang’s Khmer pagoda features giant Buddha statue

With the long-standing bonds of the Kinh, Khmer, and Hoa ethnic groups, Soc Trang boasts a special cultural identity that makes it an outstanding spiritual destination for tourists and Buddhist followers from far and wide.

Smart-homes getting cheaper in Vietnam

In Vietnam, a smart-home installation package costs VND14-25 million.

Vietnamese nationals account largest proportion of Japan’s foreign worker population

Vietnamese nationals account for 25.4% of the total 1.82 million foreign workers who were working in Japan as of the end of October last year, according to the Japanese Ministry of Health, Labour and Welfare (MHLW).