openPR Logo
Press release

SGS Expands Furniture Services to Assist Vietnam’s Growing Furniture Export Industry

08-30-2019 12:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: SGS

/ PR Agency: Sugarloaf Marketing
SGS has responded to Vietnam’s recent 7.9% growth in gross domestic product and the opportunities for international trade this presents to the furniture industry, with an expansion in capabilities.

Despite a long history of domestic furniture manufacturing, there has only been a single recognizable furniture industry for about 20 years. It has now grown into the second largest exporter of furniture in the Asia-Pacific region, and fifth in the world. In 2017, its furniture exports were valued at around USD 7.66 billion, increasing to USD 8.66 billion in 2018.
Vietnam currently has around 1,500 furniture exporters, of which about 450 are FDI (foreign direct investment) companies, accounting for over 45% of furniture exports.

The country’s key advantage is flexibility. It has recently moved from a focus on outdoor furniture to indoor furniture lines, while increasing investment in advanced production techniques. This has contributed to foreign importers increasingly looking to Vietnam for furniture supplies.

Helping Vietnam’s growth is the EU-Vietnam free trade agreement, the Comprehensive Progressive Tran-Pacific Partnership Agreement (CPTPP), and the current trade-war between China and the US. Vietnamese products currently enjoy zero tax in the US, while Chinese manufacturers have a 10% tariff, which may rise to 25% if the war escalates.

Manufacturers of furniture must acknowledge that increased demand also comes with additional requirements. European, US and Japanese consumers are now demanding evidence of sustainability in the wood that is used in their consumer products.
To help Vietnamese manufacturers fulfil these requirements and take advantage of these international opportunities, SGS has expanded the range of services it offers. It offers a comprehensive range of service for:
• Outdoor furniture – seating and table
• Domestic furniture – seating, tables, storage & beds
• Office furniture – seating, tables, cabinets and panel system
• Children’s furniture – seating, tables, bunk bed and baby cribs
• Non-domestic furniture – seating, tables, storage

To access the US market, our laboratories provide mechanical testing against:
• ANSI BIFMA X5.1 – chairs
• ANSI BIFMA X5.3 – vertical files
• ANSI BIFMA X5.4 – lounge seating
• ANSI BIFMA X5.5 – tables
• ANSI BIFMA X5.6 – panel systems
• ANSI BIFMA S6.5 – small/home office
• ANSI BIFMA X5.9 – storage, cabinets
• ANSI SOHO S 6.5 – office furniture
• ANSI BIFMA X6.1 – educational seating
• ASTM F 1427-07 – children's/picnic tables
• ASTM F 1838 – children's tables
• ASTM F 2057 – storage, cabinets

To access EU markets:
• Seating – EN 12520, EN 1022, EN 1335, EN 13761, BS 4875
• Tables/desks – EN 12521, EN 1730, EN 527-2
• Outdoor furniture – EN 581 Part 1, 2, 3
• Contract furniture – EN 15732, EN 16139
• Glass shelves – BS 6206
• Cabinets – BS 4875-7
• Domestic and kitchen storage units and worktops – safety requirements and test methods EN 14749, EN 16121

SGS in Vietnam can also test furniture against Australian and Japanese requirements, the ISTA standard for packaging, and chemical testing. In addition, they provide a comprehensive range of inspection, auditing and certification services.

SGS Furniture Services
SGS helps you deliver well-designed, functional, durable and safe products to your customers. We have the furniture industry, regulatory and technical expertise to check your products’ compliance against relevant standards and/or your own specifications. Learn more about SGS’s Furniture Services: []

For more information, please contact:

Joe Wong
Hardlines Laboratory Manager
SGS Vietnam Ltd.
Tel: +84 225 355 2722 ext.317

Van Ung
Deputy Hardlines Laboratory Manager
SGS Vietnam Ltd.
Tel: (84 28) 3816 0999 ext.159

LinkedIn: sgs-consumer-goods-&-retail

1, Mons Calpe
Chitcombe Road
Broad Oak
East Sussex
TN31 6EU

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 97,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release SGS Expands Furniture Services to Assist Vietnam’s Growing Furniture Export Industry here

News-ID: 1828320 • Views: 523

More Releases from SGS

Ecuador Issues Revised Draft Technical Regulation on Food Contact Ceramics
Ecuador has announced a revised proposal that, if accepted, will update its technical regulation for food contact ceramics. The latest proposal, designated Ecuadorian Technical Regulation RTE UNEN 010 (2R) – ‘Ceramic Tableware Intended to Come into Contact with Food’, was circulated attached to World Trade Organization (WTO) document no. 20-4675 on July 8, 2020. It has a new structure and contains several important changes, including: • Revision to existing definitions and
SGS puts Consumer Trust at the Heart of its new Brand Awareness Campaign
SGS, the world’s leading inspection, testing and certification company, has today launched ‘Trusted. Tested.’ – a high impact, brand awareness campaign to engage consumers in the vital role of testing, inspection and certification on the everyday products they purchase. With the strapline ‘It’s only trusted because it’s tested’, the campaign showcases more than 50 everyday products that typically pass through SGS’s testing laboratories – from lipsticks and shoes to mobile phones
SGS Guides Manufacturers Through Categorization of Medical and Personal Care Pro …
SGS, the world's leading provider of testing, verification and certification services, offers a comprehensive range of services to help manufacturers of products aimed at assisting the elderly ensure they are safe and comply with the relevant regulations. We live in a world with an aging population. Currently there are an estimated 143 million people over 80, but this figure is expected to triple to 426 million by 2050. These
Multiple Prop 65 Agreements on DINP in Consumer Products Reached in California
In recent months, several California Proposition 65 (Prop 65) settlement agreements and judgements have been reached in relation to the use of diisononyl phthalate (DINP) in various consumer products. Prop 65, the 'Safe Drinking Water and Toxic Enforcement Act of 1986', is a unique piece of legislation that passed overwhelmingly by a ballot of Californian residents in November 1986. It is a right-to-know law that requires the state to publish

All 5 Releases

More Releases for Vietnam

Vietnam automobile lubricant market beckons
With automotive lubricant demand rising from 2.6 million liters (in 2015) to 4.1 million liters (in 2021), global and regional manufacturers are taking notice of the Vietnam market. How can brands win in this market? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on key trends in the Lube Report Asia magazine. With many players competing in the Southeast Asia market for motorcycle lubricants, leaders will
Agrochemicals Market in Vietnam
ReportsWorldwide has announced the addition of a new report title Vietnam: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Vietnam: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Environmental disaster in Vietnam
In Vietnam occurred the biggest environmental disaster since the deployment of Agent Orange by the Americans during the Vietnam War. It happened almost unnoticed by the world while Europe was busy with the refugee crisis and America with the forthcoming presidential elections of the USA. The perpetrators of the environmental disaster come from abroad and are supported by the Vietnamese politicians, similar as it was happen at the Vietnam War. "
Tourists killed in Vietnam
Vietnam belongs for tourists to the most popular and safest travel destinations in the world, as long as one can believe officially widespread reports. However, this information may not been longer current since a long time. More and more tourists in Vietnam were killed at criminal offenses as well by tragic accidents. These accidents occur mostly due to insufficient checking for compliance with statutory safety regulations by the Vietnamese authorities.
Booming Tourism Sector in Vietnam
RNCOS has recently added a new Market Research Report titled, “Booming Tourism Sector in Vietnam” to its report gallery. Vietnam has become one of the most popular tourist destinations in the South-east region. The country’s tourism industry has been growing unprecedentedly over the past few years with rising domestic as well as international tourists. The travel & tourism industry accounted for 10% of the GDP in the Vietnamese economy during
35 Years Service in Vietnam
Vietnam’s leading mutual marine insurer, the West of England, in conjunction with VINARE, held a conference for an unprecedented gathering of 130 senior members of the country’s shipping and insurance industries to celebrate its 35th anniversary of providing services to Vietnam’s shipowners last month in Nha Trang. The event featured updates on market conditions and industry developments by several members of the West of England’s management and by leading members of