Nike expands operation in Vietnam

Chang Shin Vietnam Co. Ltd, which manufactures Nike shoes for export, has announced it will expand its factory in the southern province of Dong Nai’ Long Thanh district to cash in on bulk orders next year.
Chang Shin Vietnam Co. Ltd, which manufactures Nike shoes for export, has announced it will expand its factory in the southern province of Dong Nai’ Long Thanh district to cash in on bulk orders next year.

Company General Director Woo Bang said the 12 million USD expansion project expects to generate an additional 1,800 jobs for local people.

He noted that in defiance of the global economy’s sluggish recovery, Nike Group still continued transferring its Indonesian and Chinese export production orders to Vietnam .

Chang Shin Vietnam Co expects its orders to rise 40 percent in 2014 and continue to increase ver the following years. The company has expanded its production scale eight-fold since its establishment 18 years ago, and its factories currently employ more than 20,000 workers.

Despite challenges in this year, the company still believes it will achieve its goal of exporting 20 million pairs of shoes for around 340 million USD.-VNA

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