Vietnam’s strength in home furnishing production draws on a variety of materials such as wood, rattan, bamboo, water hyacinth, banana leaf, sea grass, metal, and zinc. The skillful combination of these natural resources provides a unique point of difference, making Vietnam’s products stand out from its regional neighbors.
Labor-intensive production is achievable at highly competitive prices due to low labor costs. Vietnam serves as a manufacturing platform for a broad range of international customers—from the world’s largest retail chains to boutique importers. Everything from candles, pottery, dinnerware, and furniture for home and garden is successfully being produced in Vietnam.
Vietnam offers numerous advantages compared to its regional peers. A young and ambitious workforce, competitive wages, skilled labor, political stability, and a strategic geo-political location all add to the value of sourcing from Vietnam and the growing diversification away from major other sourcing origin.
Key Advantages
- Legacy of Quality & Design
Vietnam’s cultural and French-influenced heritage has nurtured craftsmanship and aesthetics, reflected today in its strong product and packaging design capabilities. - Abundant Natural Resources
Local availability of wood, bamboo, rattan, clay, zinc, and metals enables sustainable, cost-efficient production and faster product development cycles. - Skilled Workforce
With a literacy rate above 95% and a growing number of design, business, and engineering graduates, Vietnam provides a capable and flexible workforce ready for international standards. - Competitive Labor Costs
Vietnam remains one of Asia’s most cost-efficient manufacturing hubs. Average manufacturing wages range from USD 290 – 350 per month, balancing quality and affordability. - “China + 1” Advantage
As global supply chains diversify, Vietnam has become a prime alternative manufacturing base. Rising tariffs and geopolitical pressures on neighbouring countries have accelerated investment and export growth here. - Stable & Pro-Business Environment
Vietnam enjoys long-term political stability and consistent economic growth (GDP + 5.7% in 2024), providing a safe and reliable environment for foreign partners. - Expanding Global Market Access
Vietnam benefits from more than 15 active free-trade agreements—including the EU-Vietnam Free Trade Agreement (EVFTA) and the Regional Comprehensive Economic Partnership (RCEP)—granting preferential access to major global markets such as the EU, Japan, South Korea, and Australia.
