6,000 workers strike at Taiwanese footwear maker
Some 6,000 employees of Taiwanese footwear maker Viet Glory in the central province of Nghe An gathered at the company’s gates for over an hour on Tuesday before leaving without working.
Adidas supplier in HCMC to lay off another 1,200 workers
Taiwanese footwear maker Pouyuen, the largest employer in Ho Chi Minh City, will lay off more than 1,200 workers over lack of orders.
Vietnam shoemaker to cut about 6,000 jobs on low demand
One of Vietnam’s largest shoe manufacturers for brands such as Nike Inc and Adidas AG would cut thousands of jobs at the end of next month, blaming a slump in orders, Vietnamese state media reported on Saturday.
Textile and garment firms fear drop in profit as orders slow down
Textile firms are bracing for a profit plunge in the second half of this year, with the number of new orders slowing down since the middle of the second quarter.
In relief for retailers, Vietnam won’t close factories amid COVID-19 surge
Millions of factory workers have been fully vaccinated and the Omicron variant is proving less severe, says the Vietnamese government
68 pct of garment, footwear firms suffer cancellations, penalties
Over 68 percent of garment and footwear enterprises in Vietnam have been penalized by their foreign customers for late delivery, some with cancellation and compensation demands.
Covid surge in Vietnam hits global supply chains
Manufacturers for Nike and Adidas forced to close factories as infections rise
Vietnam becomes world’s 2nd biggest garment exporter
Vietnam overtook Bangladesh last year to become the world’s second largest garment exporter with a turnover of US$29 billion, according to statistics from the World Trade Organization.
Vietnam garment export value falls 14.5 pct in 5 months
Vietnam’s total textile and garment export value in the first five months of this year declined by 14.5 percent year-on-year to over 10.4 billion U.S. dollars, according to the country’s General Statistics Office on Thursday.
Garment firms shift to produce antibacterial masks to meet demand
Amid the coronavirus epidemic, many textile businesses in Viet Nam have shifted to producing antibacterial masks to serve market demand.