GRAND WOOD (VIET NAM) ONE MEMBER COMPANY LIMITED

Grand Wood (Viet Nam) One Member Company Limited is one of the largest foreign-invested furniture manufacturers operating in southern Vietnam. Established in 2015 and active for more than 10 years, the company has built a significant production footprint in Bình Dương Province, where its manufacturing complex employs nearly 3,000 workers. The company focuses on large volume furniture manufacturing and exports, supplying international buyers as well as domestic partners. With operations concentrated on wood based furniture production and trading, Grand Wood has positioned itself as a key contributor to Vietnam’s rapidly expanding furniture supply chain

In its latest reporting year, the company recorded 76,425,519 USD in revenue while growing total assets to 38,245,928 USD. 

Leadership and Governance Stability

Grand Wood is led by Chairwoman and General Director Wu Bi Fang, who oversees strategic direction, production management, and export operations. She is supported by Managing Director Wu Ying Ping and Chief Accountant Peng Gang, creating a leadership structure fully aligned with the company’s foreign invested ownership. The enterprise is wholly owned by Grand Wood Co., Ltd. of Samoa, which holds 100% of the equity, enabling centralized control of capital allocation, expansion planning, and cross border commercial relationships

A Large Scale Furniture Manufacturing Platform With Global Reach

The company specializes in the production of wood furniture for export markets, supported by manufacturing lines built for high volume output. With a workforce of approximately 3,000 employees, Grand Wood operates one of the more labor-intensive and production-intensive facilities in the region. This scale allows the company to meet large international orders and maintain long term relationships with export clients.

Its registration permits broad manufacturing and trading activities in furniture and related products, enabling the company to integrate sourcing, production, finishing, and distribution within a single operational ecosystem. This vertically linked structure is critical in the global furniture supply chain, where lead time, volume stability, and quality consistency determine competitiveness.

Performance Trends and Investment Considerations

Financial performance in 2023 showed several points of improvement. Sales increased by 9.47%, reaching more than 76 million USD, while total assets grew by 14.89%, indicating continued reinvestment in production infrastructure. Profitability recovered after two years of losses, a notable turnaround for a large scale manufacturer facing global demand shifts and cost volatility. Equity also increased slightly, reflecting stable capitalization despite the company’s substantial operational scale.

Grand Wood exhibits characteristics of a mature manufacturing enterprise with significant fixed assets, large labor capacity, and exposure to global market cycles. The company’s modest profitability and relatively low equity base highlight the capital-intensive nature of export furniture manufacturing. However, its turnaround in earnings and continued asset growth signal operational resilience and improving financial discipline.

Strategic Position in Vietnam’s Furniture Export Sector

With one of the larger manufacturing workforces in Bình Dương and a strong foreign ownership structure, Grand Wood plays an important role in Vietnam’s global furniture export industry. Its scale, production capacity, and long-standing presence make it a reliable supplier in a market increasingly shaped by shifting international demand and supply chain realignments. As Vietnam continues to strengthen its position as a leading global furniture producer, Grand Wood remains positioned to capture the sector’s long term growth opportunities.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides comprehensive analysis and due-diligence insights for stakeholders evaluating Grand Wood (Viet Nam) One Member Company Limited. The full VNBIS Company Report includes financial analysis, ownership verification, risk assessment, operational insights, and market positioning evaluations. Investors and partners seeking a deeper understanding of the company are encouraged to obtain the complete report at www.vnbis.com.