Foreign investors eye Vietnam’s interior design market

The EU-Vietnam Business Network (EVBN) organized a Vietnam-EU trade promotion program under theme of “Lifestyle Trade Mission to Vietnam 2015” featuring indoor decoration on October 27.

Mrs. Delphine Rousselet Director of EU-Vietnam Business Network Project said that 11 companies from France, Italia, Spain, the Unied Kingdom, Portugal and Belgium participated in the event.

Vietnam's population has reached 90 million people and that is a potential market for luxury interior decoration and industrial production, said Mr. David Holkinson Design Director of design firm Noor Ho Chi Minh.

Statistics of Vietnam Chamber of Commerce and Industry (VCCI) showed that domestic consumption of high quality interior decoration and furniture products has reached US$ 2. 5 billion in recent years, including 20 percents of domestic interior decoration goods and 80 percents of products importing from Europe.

With Vietnam's economic growth rate, foreign investors expect the consumption of interior design of Vietnamese people will increase rapidly in the upcoming time

By Minh Hai- Translated by Huyen Huong

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