Recently, on many social networking sites, information about Nike appeared on many social networking sites. ) has moved production out of Vietnam to China and Indonesia. This information indicates that Adidas and Puma will also have similar moves in November 2021.
However, in the Labor newspaper, Ms. Phan Thi Thanh Xuan, Vice President and General Secretary of the Vietnam Leather, Footwear and Handbag Association (LEFASO) said that the above information is completely incorrect.
“> Information about Nike moving production out of Vietnam is incorrect.
According to Ms. Xuan, there are up to 88 of Nike’s 112 factories in Vietnam are located in the Southeast region, responsible for the production of very expensive Nike branded sneakers.
Answer to Traffic Newspaper, Mr. Pham Tuan Anh – Deputy Director of Industry Department (Ministry of Industry and Trade) also confirmed that there was no Nike moving production out of Vietnam.
“In the past period, some Nike orders were due to expire. , in order to deliver goods on time and ensure on time, they have moved orders to factories in a number of other countries. In a recent meeting with the Prime Minister and ministries, the CEO of Nike also affirmed that he will not leave Vietnam, there is no need to move production from Vietnam to other countries,” said Mr. Tuan Anh. said.
Nike’s production data shows that the structure of the US fashion and footwear company focuses on three main products: apparel, apparel, and accessories. equipment, footwear.
The latest financial year ended on May 31, 2021, Nike’s revenue reached more than 44.5 billion USD, cost and price capital of 24.6 billion USD With Vietnam supplying more than 40% of products for US fashion and sportswear brands, the estimated value for cost – the quantity of goods purchased from suppliers in the US Vietnam can be about 8-10 billion USD.
The main suppliers for Nike are all famous FDI enterprises in the garment and footwear industry of Vietnam. Vietnam The leading group’s revenue is from 10,000 – 20,000 billion VND per year.
According to Hoang Linh
Business and Marketing
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