Nike has moved orders to other countries, but it has not moved its production lines out of Vietnam. That is untrue news.
On October 5, according to the Vietnam News Agency:
Recently, on many social networking sites News emerged that Nike Group will transfer production lines from Vietnam to China and Indonesia, and that Adidas and Puma will make similar moves in November 2021.
However, Ms. Pan Thi Ching Chung, vice president and secretary-general of the Vietnam Leather, Footwear and Luggage Association (LEFASO), confirmed that the above news is completely untrue. Phan Thi Ching Ching said that 88 of Nike’s 112 factories in Vietnam are located in the southeast, specializing in the production of Nike brand’s very popular sports shoe products.
Pan Shichun emphasized, “The complex situation of the domestic new coronavirus epidemic has affected the production activities of enterprises engaged in the textile, clothing and footwear industries. Nike has moved orders to other countries, but it has not moved The production line will be moved out of Vietnam. That is untrue news.”
Pham Joon Anh, deputy director of the Industrial Bureau of the Ministry of Industry and Trade of Vietnam, also confirmed that there is no case of Nike moving its production lines out of Vietnam.
Fan Junying said, “Some of Nike’s orders have expired in the past period, and in order to deliver on time, they have transferred the orders to factories in some other countries. In a recent meeting with the government prime minister, Nike CEO also It is certain that he will not leave Vietnam and will not move production from Vietnam to other countries.”
According to a report from the Ministry of Industry and Trade, in the first nine months of 2021, Vietnam’s footwear exports are expected to reach US$13.33 billion. , a year-on-year increase of 9.8%. This is an industry with a high growth rate and has contributed to the growth of exports of the leather, footwear and luggage industry.
However, according to a recent report by “Wall Street News”:
The four major chambers of commerce representing European, American and Korean investors jointly sent a letter to Vietnam The Prime Minister, calling for companies to be given a clear timetable for resumption of work, said that at least one-fifth of manufacturing companies have moved part of their production to other countries.
The strict blockade and anti-epidemic measures implemented by the Vietnamese government are forcing manufacturing companies to switch to other countries. Overseas investors represented by the four major chambers of commerce have issued warnings about this Southeast Asian world factory.
The Chambers of Commerce in Vietnam from the United States, the European Union, South Korea and the U.S.-ASEAN Business Council recently jointly wrote to Vietnamese Prime Minister Pham Minh Trinh, “Companies now need a clear roadmap and specific date for resumption of work. . Surveys conducted by our associations show that at least 20% of our manufacturing members have moved some production work to other countries, and are discussing moving more.”</p
