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Vietnam remains largest manufacturer of Nike products
5 giờ 41 phút
Vietnam is the largest manufacturer of Nike footwear and apparel products for a second year in a row, according to Nike's report for fiscal year 2024 ending May.
HEINEKEN teams up with Red Cross to bring happy Tet to underprivileged communities
06-02-2024 10:00
Aiming to support the under-privileged communities after a challenging 2023, HEINEKEN Vietnam organised the “HEINEKEN Cares - Joining Hands towards a happy and healthy Tet” programme in collaboration with the Vietnam Red Cross Society.
Nike shares tumble as it cuts costs amid 'softer' outlook
22-12-2023 09:28
Nike promised up to $2 billion in cost savings Thursday involving job cuts and greater use of automation as it eyes "softer" sales in the coming period.
PM applauds Nike’s contributions to Vietnamese economy
02-12-2022 13:20
Prime Minister Pham Minh Chinh received Chief Operating Officer of Nike, Inc., Andy Campion in Hanoi on December 1, speaking highly of the firm’s contributions to Vietnam’s exports and job creation in the recent past.
Nike shares tumble as it reports lower profits
30-09-2022 16:00
Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer market challenged by inflation.
Adidas CEO Rorsted to stand down in 2023
23-08-2022 10:35
Adidas will get a new CEO "during the course of 2023" as it seeks to emerge from the turbulence of Covid-19 lockdowns and other challenges, the German sportswear giant said on Monday.
Nike and Adidas maintain supply chain operations in Vietnam
17-11-2021 13:23
Rumours that Nike and Adidas would move production out of Vietnam in August and September were rebutted by the Vietnam Textile and Apparel Association (VITAS) as the brands do not own any plants in the country.
Full steam ahead for reboot of manufacturing businesses
12-11-2021 14:08
Manufacturers are being proactive in recruiting a new labour force, simultaneously building up plans to take their employees back to work to meet their production schemes.
Footwear giants a step ahead in production restart
09-11-2021 08:00
Foreign footwear producers are maintaining their commitment to sourcing products from Vietnam as factories enjoy resumption of production following heavy delays and restrictions.
Nike Vietnam ramp production and carbon commitments back up to pre-pandemic levels
03-11-2021 12:25
After cutting their capacities due to pandemic, all Nike facilities in Vietnam resumed production, reinstating the company's commitment to the Vietnamese market and its carbon emissions reduction path.
Lefaso rejects rumours on Nike’s moving production out of Vietnam
06-10-2021 08:52
Recent rumours spreading on social media on Nike’s moving production out of Vietnam to China and Indonesia are incorrect, stated Phan Thi Thanh Xuan, Vice Chairwoman and General Secretary of the Vietnam Leather and Footwear Association (Lefaso).
CEOs of global brands call on US to provide more vaccines to Vietnam
15-08-2021 16:38
90 CEOs of world-renowned brands including Adidas, Gap, Echo Lake, and Nike have signed a letter to US President Joe Biden requesting more COVID-19 vaccine support for Vietnam.
Nike could face shortage of "Made in Vietnam" sneakers as COVID-19 accelerates
21-07-2021 09:02
Nike is running out of "Made in Vietnam" sneakers as COVID-19 forces suppliers in Vietnam to suspend operations, according to a new report from S&P Global Market Intelligence.
HEINEKEN and Sabeco jousting over beer market dominance
07-11-2020 07:20
Vietnam is one of the largest and fastest-growing beer markets in the world and is ruled by two giants – HEINEKEN and Sabeco – in a titanic tug-of-war over market share in the premium beer and super premium beer segments.
Nike cheers return of pro sports as earnings top expectations
23-09-2020 10:42
Nike shares rocketed higher Tuesday after the company reported blowout quarterly earnings on strong digital sales and its CEO cheered the return of pro sports.
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