Ideoli Expands Its Sourcing Partnerships Across Vietnam
Ideoli is on the other side of the world. George and Chris are working in Ho Chi Minh, Vietnam – looking for the strongest partners to work with and the latest products to consider for their clients. Thomas is a Danish-native, working in the Vietnamese manufacturing industry and helping Ideoli better integrate into the local business climate.
“We see Vietnam is in a strong position now with the TPP – Trans Pacific Partnership. Including the USA, Canada, Japan, Australia – and about 40% of the world economy. Vietnam is the production base for these countries. For it’s 90 million people, that means a labor force of 1 – 2 million young adults ready to get into the job market every year.”
After inspecting several factories in Vietnam, Ideoli appreciates the attention to detail and advanced manufacturing capabilities these companies have.
The quality of the products coming out of Vietnam continues to increase and, over the last 20 years, there has been a strong development in the wood furniture business in Vietnam. Vietnam has, with the help of foreign investments, developed strongly in new designs and innovation for the furniture industry.
Ideoli will benefit by being in Vietnam, as this dynamic growth environment has been expanding for more than 20 years. Ideoli is always looking for new markets – and being in Vietnam is an example of our dedication to doing so.