Taiwan-invested footwear firm George Glory fined $20,300 for environmental violations
The Ministry of Natural Resources and Environment's inspectorate agency has issued a fine of nearly VND500 million ($20,350) to Taiwan-invested footwear firm George Glory (Vietnam) International Corporation.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Striking employees return to work at Taiwan-invested footwear firm in central Vietnam
All 7,000 employees of Taiwan-invested footwear maker Viet Glory Co. Ltd. in Nghe An province returned to work Monday morning, a week after striking work demanding better pay and working conditions.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
7,000 employees of Taiwan-invested footwear firm strike work in central Vietnam
Nearly 7,000 workers of footwear maker Viet Glory Co. Ltd., or 90% of its workforce, began a strike Monday afternoon demanding changes to “unfair” benefit policies of the Taiwan-invested firm.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam maintains position as biggest Nike supplier
Vietnam remained the biggest supplier of the U.S.-based footwear and apparel giant Nike in fiscal year 2023 ending May 31, according to a Nike report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s FDI sector posts $34 bln trade surplus in 8 months
Foreign-invested enterprises (FIEs) in Vietnam recorded a trade turnover of $301.36 billion, including crude oil, resulting in a trade surplus of $34.21 billion in the first eight months of this year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Taiwan footwear giant PouYuen to further reduce 1,231 jobs in August
PouYuen Vietnam, a Taiwanese footwear maker and the largest employer in Ho Chi Minh City by workforce, will conduct its third layoff this year later this month, cutting 1,231 jobs.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Taiwan firm HuaLi builds $42 mln factory in central Vietnam
Taiwan’s HuaLi Group kicked off the construction of a $42 million footwear factory in Thanh Hoa province on Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam FDI sector posts $27.8 bln trade surplus in Jan-July
Foreign-invested enterprises in Vietnam recorded a trade turnover of $258.63 billion, including crude oil, resulting in a trade surplus of $27.83 billion in the first seven months of this year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam produces 33% of giant Pou Chen's footwear in Q1
Vietnam produced 33% of Pou Chen Corporation's footwear in the first quarter of this year, making it the second biggest production hub for the global leader in the athletic, athleisure, casual and outdoor footwear sector.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam FDI sector posts $22 bln H1 trade surplus
Foreign-invested companies in Vietnam recorded a trade turnover of $220.2 billion, including crude oil, for a trade surplus of $22.06 billion in the first half of this year, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Taiwan footwear giant PouYuen to cut further 5,744 jobs
PouYuen Vietnam, a Taiwanese footwear maker and the largest employer in Ho Chi Minh City by workforce, will lay off 5,744 employees in June and July.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam remains biggest manufacturer of Nike, second for Adidas, Puma
Vietnam remained the biggest manufacturer of sportswear giant Nike in fiscal year 2022, and the second-largest for Adidas and Puma in calendar year 2022, according to company reports.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
53% of Crocs sandals are made in Vietnam
Vietnam remained the biggest production hub for Crocs sandals with a 53% global market share in 2022, but down from 56% in 2021 and 75% in 2020, according to the brand’s 2022 annual report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Taiwanese firm lays off 65% of staff over lack of orders
Footgearmex Footwear Co., Ltd, a Taiwanese-invested footwear maker in Ho Chi Minh City, has laid off 65% of its 1,822 employees due to a serious dearth of orders derived from global economic slowdown.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Adidas to expand Vietnam production: CEO
German sportswear giant Adidas has plans for production expansion in Vietnam with higher ratios of local materials used, CEO Kasper Rorsted said Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Site clearance deadline set for $2 bln northern Vietnam LNG power plant
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Site clearance deadline set for $2 bln northern Vietnam LNG power plant
Energy - Update 3 day ago
- Editor’s Picks
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Vietnam healthtech sector turns investment magnet
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Site clearance deadline set for $2 bln northern Vietnam LNG power plant
-
Six miles and beyond: Vietnam draft law sets offshore boundary
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Trungnam Group eyes green energy development in Ninh Thuan province
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Danish brewer maintains Vietnam sales volume despite beer-market dip
