{"id":76987,"date":"2019-01-23T09:53:58","date_gmt":"2019-01-23T09:53:58","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/ikea-plans-450-million-investment-vietnam\/"},"modified":"2025-09-19T08:49:46","modified_gmt":"2025-09-19T08:49:46","slug":"ikea-plans-450-million-investment-vietnam","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/ikea-plans-450-million-investment-vietnam\/","title":{"rendered":"IKEA plans a $450 million investment in Vietnam"},"content":{"rendered":"

Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in Hanoi.<\/em><\/p>\n

They will serve the entire Southeast Asian market. Moreover, IKEA is in negotiations to set up shop in Vietnam.<\/p>\n

IKEA has eyed entry into Vietnam since 2015, when its executives revealed their intention to do so within five years.<\/p>\n

IKEA is the largest furniture retailer in the world with more than 400 stores in 49 countries. In Southeast Asia, it has stores in Singapore, Malaysia and Thailand.<\/p>\n

Foreign home interior brands and designers are present in force and dominating the increasingly affluent Vietnamese market.<\/p>\n

According to the Vietnam Chamber of Commerce and Industry (VCCI), some 80 percent of luxury woodwork and interior decoration items is imported from Europe, with local players making up the small remaining portion. The market is valued at $2.5 billion.<\/p>","protected":false},"excerpt":{"rendered":"

Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in Hanoi. They will serve the entire Southeast Asian market. Moreover, IKEA is in negotiations to set up shop in Vietnam. … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3301,3312,3525],"class_list":["post-76987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-furniture","tag-ikea","tag-vietnam","topic-wood-furniture","topic-wood-based-panels","area-asia-middle-east","area-europe"],"acf":[],"yoast_head":"\nIKEA plans a $450 million investment in Vietnam - TIN<\/title>\n<meta name=\"description\" content=\"Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in Hanoi.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/ikea-plans-450-million-investment-vietnam\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IKEA plans a $450 million investment in Vietnam - 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