Nike, Adidas supplier Pou Chen’s Vietnam unit to manufacture whole footwear

By Tri Duc
Wed, August 21, 2024 | 10:24 pm GMT+7

Pou Phong Vietnam Company Ltd., a subsidiary of Taiwan’s major athletic and casual footwear Pou Chen, is set to make whole shoes, according to a company report.

Footwear workers in Vietnam. Photo courtesy of Vietnam News Agency.

Footwear workers in Vietnam. Photo courtesy of Vietnam News Agency.

Pou Phong started its investments worth $115 million in Vietnam’s southern province of Dong Nai in 2017. It had a designed capacity of manufacturing 96 million pairs of shoe soles, 24 million pairs of shoe accessories, 420 tons of materials, and 96 tons of molds.

Under a new plan, the company will stop making shoe materials and molds. While the production of shoe soles and accessories remains, the firm will add an output of 3.6 million pairs of shoes and 3.6 million pairs of shoe upper parts.

The firm plans to complete related administrative procedures in May-July, install equipment and start trial production in August-October, and see the expansion segment officially enter operation from November 2024.

Footwear is a key export product of Vietnam. The country’s total exports rose 15.7% year-on-year to $226.98 billion during January-July 2024, up 14.5% from January-June. Footwear accounted for $12.92 billion, up 10.1% year-on-year. It was the fifth-biggest figure, only behind electronics, computers and components; phones and components; machinery and equipment; and textile and garment.

Vietnam is a key production hub of Pou Chen, one of the largest branded athletic and casual footwear manufacturers in the world and a supplier to Nike, Adidas, Puma, and Reebok. Its factories in Indonesia, Vietnam, and mainland China accounted for 49%, 34%, and 12% of the firm’s total volume of shoes shipped in 2023, respectively.

Comments (0)
  • Read More
Agriculture ministry proposes police probe into allegations C.P. Vietnam sold 'diseased pork'

Agriculture ministry proposes police probe into allegations C.P. Vietnam sold 'diseased pork'

The Ministry of Agriculture and Environment on Wednesday asked the Ministry of Public Security to investigate social media allegations that C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), sold “diseased pork.”

Companies - Thu, June 5, 2025 | 8:32 am GMT+7

Vietnam a strategic manufacturing hub in Asia amid global supply chain reshuffle: exec

Vietnam a strategic manufacturing hub in Asia amid global supply chain reshuffle: exec

Vietnam has emerged as a strategic manufacturing hub in Asia amid the substantial restructuring of global supply chains, said Dhamcharee Varaporn, managing director of RX Tradex Thailand & Vietnam, a leading exhibition organizer.

Companies - Thu, June 5, 2025 | 8:00 am GMT+7

Vietnam's major developer Tan Hoang Minh wants to make Da Lat 'Asia’s most livable town'  

Vietnam's major developer Tan Hoang Minh wants to make Da Lat 'Asia’s most livable town'  

Do Anh Dung, chairman of Tan Hoang Minh, on Tuesday proposed that authorities of Lam Dong province support the property developer in planning a 4,320-hectare smart urban area project in the resort town of Da Lat.

Real Estate - Wed, June 4, 2025 | 10:36 pm GMT+7

Vietnam’s economic landscape 'positive' amid global headwinds: Prime Minister

Vietnam’s economic landscape 'positive' amid global headwinds: Prime Minister

Vietnam’s socio-economic situation has been trending positively, with stable macroeconomic conditions, inflation under control, and major economic balances well maintained, says Prime Minister Pham Minh Chinh.

Economy - Wed, June 4, 2025 | 5:23 pm GMT+7

Unleashing the quantum power in banking

Unleashing the quantum power in banking

While quantum computing remains in its early stages, its potential to reshape the financial landscape is undeniable. Institutions that act now, by investing in research, forming strategic partnerships, and deploying pilot use cases, will be at the forefront of this transformation, writes Phillip Wright, COO at HSBC Vietnam.

Consulting - Wed, June 4, 2025 | 3:59 pm GMT+7

How Jardine Matheson expands footprint in Vietnam

How Jardine Matheson expands footprint in Vietnam

From a quiet financial investment in 2008, Jardine Matheson, a diversified, Asia-focused investment company based in Bermuda, has steadily expanded its influence in Vietnam, one of Southeast Asia’s fastest-growing economies.

Companies - Wed, June 4, 2025 | 2:57 pm GMT+7

Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'

Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'

Vietnam and Japan have vast potential for cooperation in the development of green and environmentally friendly products, said general secretary of the ASEAN-Japan Center (AJC) Kunihiko Hirabayashi.

Economy - Wed, June 4, 2025 | 12:16 pm GMT+7

Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval

Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval

The $2.15 billion Quynh Lap LNG-fired power project, located in Nghe An province, is drawing significant interest from both international and domestic investors.

Energy - Wed, June 4, 2025 | 9:28 am GMT+7

Indonesia's coal exports dip on weak demand

Indonesia's coal exports dip on weak demand

Indonesia's coal exports dropped 6.43% to 160 million tons during January-April, according to the Energy and Mineral Resources Ministry.

Southeast Asia - Wed, June 4, 2025 | 8:48 am GMT+7

Vietnam's benchmark VN-Index may reach 1,500 points: analyst

Vietnam's benchmark VN-Index may reach 1,500 points: analyst

The current valuation of the Vietnamese stock market is quite attractive, and the VN-Index may return to its historical peak of 1,500 points by the end of this year, says Phan Dung Khanh, director of investment advisory at Maybank Investment Bank.

Finance - Wed, June 4, 2025 | 8:38 am GMT+7

Vietnam's agro-forestry-fishery export tops $28 billion in 5 months

Vietnam's agro-forestry-fishery export tops $28 billion in 5 months

Vietnam shipped $6.28 billion worth of agro-forestry-fishery products abroad in May, propelling the cumulative total for the first five months of the year to $28.04 billion, a year-on-year increase of 19.6% and 15.1%, respectively.

Companies - Wed, June 4, 2025 | 8:08 am GMT+7

Brewing change: Carlsberg Vietnam walks the talk on World Environment Day

Brewing change: Carlsberg Vietnam walks the talk on World Environment Day

On a bright morning in Phuoc Tinh commune, Long Dat district, Ba Ria-Vung Tau province, about 200 volunteers from Carlsberg Vietnam, including employees, senior leaders, and their families, rolled up their sleeves for a meaningful coastal clean-up.

Companies - Wed, June 4, 2025 | 8:00 am GMT+7

Vietnam plans to spend over $2 bln on US agri imports

Vietnam plans to spend over $2 bln on US agri imports

Vietnam’s Ministry of Agriculture and Environment is expected to sign MoUs to purchase over $2 billion worth of U.S. agricultural, forestry, and fishery products.

Economy - Tue, June 3, 2025 | 10:01 pm GMT+7

New flight route to help Danang attract more wealthy tourists from Middle East

New flight route to help Danang attract more wealthy tourists from Middle East

The new Dubai-Danang flight route has been launched, paving the way for an influx of high-spending travelers from the Middle East and Europe to the central Vietnam city, one of the country's top tourist attractions.

Companies - Tue, June 3, 2025 | 9:13 pm GMT+7

Food giant C.P. Vietnam’s 'diseased' pigs improperly quarantine-stamped: authorities

Food giant C.P. Vietnam’s 'diseased' pigs improperly quarantine-stamped: authorities

The widely circulated images of diseased pigs from C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), date back to 2022, but the pigs were improperly stamped, Vietnamese authorities stated on Tuesday.

Companies - Tue, June 3, 2025 | 5:36 pm GMT+7

Son Hai Group proposes expanding 263km stretch of Vietnam's North-South Expressway

Son Hai Group proposes expanding 263km stretch of Vietnam's North-South Expressway

Vietnam’s Son Hai Group is seeking Prime Minister Pham Minh Chinh's approval to invest in the expansion of a 263-kilometer stretch of the eastern section of the North-South Expressway.

Infrastructure - Tue, June 3, 2025 | 3:53 pm GMT+7