One Furniture Joint Stock Company

What One Furniture Joint Stock Company does

One Furniture Joint Stock Company (Nội thất The One), formerly Hoa Phat Furniture, is a Vietnamese furniture manufacturer founded on November 1, 1995, and headquartered at Pho Noi A Industrial Park, Hung Yen province. The company designs, manufactures, and distributes a portfolio of 2,000+ furniture products across six primary verticals: office, school/educational, hospitality, residential, construction/public works, and healthcare. Underlying production is anchored by two modern automated manufacturing clusters in Hung Yen (Northern Vietnam) and Binh Duong (Southern Vietnam), equipped with machinery from Italy, Japan, South Korea, and Taiwan, and operating under ISO 9001:2015 quality and ISO 14001:2015 environmental management certifications. The company also offers household appliances including safes and steel furniture.

The company operates a hybrid go-to-market model. Large enterprise and government clients (including Techcombank, Vietcombank, BIDV, the Ministry of Finance, and multiple universities) are served through direct B2B project engagements covering design, manufacturing, and installation. Retail and mid-market distribution flows through a nationwide network of 1,500+ authorized dealers and retail points across 34 Vietnamese provinces, supported by a dedicated agent portal. Products are also exported to 4 continents. Marketing relies on SEO-optimized blog content, a 3D virtual showroom, and active social media presence on Facebook, Zalo, and YouTube. Customer-relevant IP includes an anti-counterfeiting guarantee stamp with QR-code traceability on all products.

Revenue mechanics are driven primarily by one-time B2B project furniture contracts (design-to-installation for offices, schools, hotels, hospitals, and public construction) complemented by retail furniture sales through the dealer network. Pricing is not publicly disclosed and there is no public price list; B2B pricing is quote-based per project and dealer pricing is accessible via the agent portal. The company has been recognized with the Thương hiệu Quốc gia (National Brand) 2024, Giải thượng Chất lượng Quốc gia (National Quality Award) 2024, VNR500 ranking among Vietnam's Top 500 largest private enterprises, and the Hàng Việt Nam chất lượng cao consumer award. Its legal entity is Công ty Cổ phần Thương mại và Sản xuất Nội thất The One, a privately held joint stock company with no disclosed parent or external institutional investors.

Name

One Furniture Joint Stock Company

Legal name

Công ty Cổ phần Thương mại và Sản xuất Nội thất The One

Website

https://noithattheone.vn

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

One Furniture Joint Stock Company (Nội thất The One) is a Vietnamese furniture manufacturer founded in 1995 that designs, produces, and distributes 2,000+ office, school, residential, healthcare, and project furniture products through 1,500+ dealers and direct B2B sales across Vietnam and 4 export continents.

Ownership category

akta.pro rank

Product category

Office Furniture Manufacturing

NAICS

Office Furniture (including Fixtures) Manufacturing (3372), Household and Institutional Furniture Manufacturing (33712), Institutional Furniture Manufacturing (337127)

SIC

Office Furniture (2520), Household Furniture (2510), Retail-Furniture Stores (5712)

akta.pro primary industry

Home Office Furniture Retail (Desks, Office Chairs, Bookcases, Filing/Storage) (CRAIAAAD)

akta.pro secondary industry

Furniture (Residential & Commercial) Wholesale Distribution (CRAOAFAA)

Keywords

• Office furniture
• School furniture
• Home furniture
• Furniture manufacturing
• Hospital furniture

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. B2B Project Furniture Sales: Comprehensive furniture solutions for large-scale projects including offices, schools, hotels, hospitals, and public construction projects. Services include design, manufacturing, and installation from start to finish. This is the primary revenue driver.
2. Retail Furniture Sales: Sale of furniture products through a network of 1,500+ dealers and retail points across 34 provinces in Vietnam and 4 continents globally. Products include office furniture, home furniture, school furniture, and household appliances.
3. B2C Furniture Sales: Direct sales of residential furniture to consumers through showrooms and the dealer network, including living room, dining room, bedroom, and home study furniture.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

One Furniture Joint Stock Company (Nội thất The One) manufactures and supplies a comprehensive portfolio of 2,000+ furniture products spanning office furniture, school/educational furniture, construction/project furniture, residential/home furniture, household appliances, and medical/hospital furniture. The company operates two manufacturing clusters in Hung Yen and Binh Duong with ISO 9001:2015 and ISO 14001:2015 certified automated production lines, serving both B2B project contracts (design, manufacturing, installation) and B2C retail sales through a 1,500+ dealer network across 34 Vietnamese provinces.

Product overview

One Furniture Joint Stock Company (Nội thất The One), formerly known as Hoa Phat Furniture, operates as a comprehensive furniture manufacturer and supplier with a portfolio of over 2000 products spanning multiple categories. The product portfolio includes: (1) Office Furniture with sub-categories of office chairs (executive mesh chairs GL series, ergonomic GLE series, staff chairs, auditorium/hall chairs GHT series, waiting room chairs GPC series), office desks, cabinets, partitions, and office sofas (SF series); (2) School Furniture for educational institutions including student desks-chairs, teacher furniture, laboratory equipment, library/function room furniture, dormitory bunk beds, and student lockers; (3) Construction/Project Furniture for public works and commercial projects including hall tables, reception desks (BQ series), folding tables, cafe/hotel seating, industrial furniture, stadium seating, podiums, and supermarket shelving; (4) Home Furniture covering living room, dining room, and bedroom categories; (5) Household Appliances including safes (Unique UN series with various sizes), steel/inox frame chairs and tables, student study desks, ironing boards, coat hangers, drying racks, natural wood bookshelves, and steel cabinets; (6) Medical/Hospital Furniture including medical beds, examination tables, medical wardrobes, and medical carts. The company also offers color swatches (wood finishes, fabric/leather/PVC materials, stone surfaces, paint colors) and 3D space visualization services for customer design planning. New product launches are released monthly (September 2025, November 2025, January 2026, March 2026, May 2026, July 2026).

Differentiator

Problem solved

Functional benefit

Products and services

• Office Furniture Comprehensive office furniture for businesses, government agencies, and corporate organizations, including office chairs (executive mesh GL series, ergonomic GLE series, staff chairs, auditorium GHT series, waiting room GPC series), office desks, cabinets, partitions, and office sofas (SF series).
• School Furniture Educational furniture for schools, universities, and training institutions from kindergarten through university, including student desks and chairs, teacher furniture, laboratory equipment, library/function room furniture, dormitory bunk beds, and student lockers, with compliance to Vietnamese education standards.
• Construction/Project Furniture Furniture for public works and commercial projects including auditorium/conference hall tables and chairs, reception desks (BQ series), folding tables, cafe/hotel chairs, industrial furniture, podiums, stadium seating, supermarket shelving, and locker systems.
• Home Furniture Residential furniture for households covering living room, dining room, bedroom, and home study furniture, including sofas, dining sets, beds, wardrobes, and home desks.
• Household Appliances and Goods Home appliances and household goods including Két Unique The One safe boxes (UN series, electronic and combination lock models in various sizes), steel/inox frame chairs, student study desks, ironing boards, coat hangers, drying racks, natural wood bookshelves, and steel wardrobes.
• Medical/Hospital Furniture Hospital and healthcare facility furniture including medical beds, examination tables, medical wardrobes, and medical chairs and carts/wheelchairs for patient transport.

Quantifiable outcome

• No. 1 market share in office furniture/construction projects in Vietnam (CI Research)
• +3 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• CI ResearchminorOthersCI Research provides market research and ranking data used by the company to support its #1 market share claim in office furniture in Vietnam. The relationship appears to be a data/licensing relationship for market position claims.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• MillerKnoll (Herman Miller): Global office and contract furniture group (Herman Miller, Knoll, etc.) supplying enterprise, healthcare, and education customers. Comparable on contract/B2B office furniture expertise and project-based go-to-market, though at much greater scale and global footprint.
• Haworth Inc. Privately held global office furniture manufacturer with strong B2B and architectural-products presence. Comparable on office and institutional furniture categories and project-led sales model, though operating at global rather than national scale.
• IKEA (Inter IKEA Group / Ingka): Global furniture retail and manufacturing incumbent with standardized flat-pack products and own-store distribution. Comparable as a competitor in the Vietnamese residential and home-office furniture market, though operating a fundamentally different retail-first model.
• Steelcase Inc. Global leader in office furniture, furnishings, and architectural solutions for workplaces. Comparable as the benchmark for premium office furniture at scale, though Steelcase is much larger and globally distributed versus The One's Vietnam-centric focus.

Direct peers

• Savimex Joint Stock Company: Vietnamese furniture manufacturer producing wooden household and office furniture for domestic and export markets. Comparable on product mix (office + household), manufacturing model, and reliance on Vietnamese distribution and export channels.
• Phong Phu Furniture JSC: Vietnamese furniture manufacturer serving office, household, and export segments with a domestic dealer network. Closely comparable business model combining project, retail, and export sales in the same categories as The One.
• Duc Thanh Wood Processing JSC: Vietnamese wood and furniture producer with both finished furniture and wood-component manufacturing. Comparable as a vertically integrated Vietnamese furniture competitor targeting residential and export markets.
• An Cuong Wood Joint Stock Company: One of Vietnam's largest wood-based panel and finished furniture manufacturers, serving office, residential, and project segments with a national distribution footprint. Directly comparable to The One in product breadth, B2B project model, and Vietnam-centric manufacturing scale.
• Truong Thanh Furniture Corporation (TTF): Vietnamese listed furniture group with manufacturing and export operations across wood household furniture. Comparable as a domestic Vietnamese furniture manufacturer with overlapping residential and export channels and similar raw-material exposure.

Emerging players

• Oppein Home Group: China-based large-scale integrated home furniture and cabinetry manufacturer with growing global presence and B2B project capability. Comparable on vertically integrated furniture manufacturing, broad residential and project portfolio, and rising Asian export competition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@noithattheonevietnam
• Facebookfacebook.com/noithattheonevietnam
• LinkedInlinkedin.com/company/theonefurniture

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Furniture Joint Stock Company