UE FURNITURE VIET NAM COMPANY LIMITED

UE FURNITURE VIET NAM COMPANY LIMITED (Công ty TNHH UE Furniture Việt Nam) is a foreign-invested furniture manufacturer operating in Binh Duong Province, with production facilities located in Song Than 3 Industrial Park. The company was established in November 2018 and has quickly scaled up its manufacturing capacity to serve export-oriented markets.

Legal status: UE Furniture Viet Nam is an active one-member limited liability company (FDI), registered with the Binh Duong Province Department of Planning and Investment under Business ID 3702724961. The company is 100% owned by Yongyue Hongkong Investment Co., Limited, indicating a clear foreign ownership structure.

The company’s core business focuses on manufacturing furniture, particularly office chairs and sofas. Its registered business scope also allows for related wholesale and property-related activities, supporting operational flexibility. According to available information, the workforce is estimated at between 1,000 and 4,999 employees, reflecting a relatively large manufacturing scale within Vietnam’s furniture sector.

From a financial standpoint, UE Furniture Viet Nam recorded strong growth in 2024. Total assets increased to approximately USD 93.45 million, while sales rose sharply to about USD 138.52 million. Profitability remained positive, with net profit exceeding USD 4.0 million, although margins declined compared with earlier years. Equity and net worth both strengthened, indicating ongoing capital accumulation despite profit pressure. Working capital remained positive but decreased year over year, suggesting higher short-term funding needs amid rapid revenue growth.

Management is led by Lu, C. Y. (Director), with accounting functions overseen by Nguyen T. L. Overall, UE Furniture Viet Nam Company Limited stands out as a legally active FDI manufacturer with fast-growing revenues, a solid equity base, and an expanding role in Vietnam’s export-driven furniture industry.