Business

Nike Group to expand investment in Binh Duong

Sportswear giant Nike Group has affirmed that it will continue to expand production in Binh Duong province, said Nguyen Thanh Toan, Director of the Department of Industry and Trade of the southern industrial hub.
Nike Group to expand investment in Binh Duong ảnh 1Illustrative image (Source: tapchicongthuong.vn)
Hanoi (VNA) – Sportswear giant Nike Group hasaffirmed that it will continue to expand production in Binh Duong province, Sai Gon Giai phong newspaper said, quoting Nguyen Thanh Toan, Director of the Department of Industry and Trade of the southern industrialhub.

According to the newspaper, leaders of the Foreign InvestmentAgency under the Ministry of Planning and Investment, Ho Chi Minh City, Dong Nai and Binh Duong had ameeting with Nike representatives on October 6 on the reopening of productionin a safe manner.

At the meeting, participants agreed that currently, BinhDuong, HCM City, Dong Nai and Nike Group are effectively coordinating inpreparing for the resumption of the group’s production chain in the southeasternregion, especially Binh Duong where 20 factories of Nike are located.

Currently, many workers in Nike factories havereturned to work in the ‘new normal’ situation.

Nike Group to expand investment in Binh Duong ảnh 2Workers at SIGMA company in Long An's Duc Hoa III- Anh Hong industrial park (Photo: VNA)

The same day, the Centre for Employment Services of BinhDuong said that a number of local firms have registered to recruit nearly 50,000labourers.

Also on October 6, the People’s Committee of the southernprovince of Long An said that it is striving to have 40 percent of total over13,483 firms with about 370,000 workers resuming operations until October 15.The figure is expected to reach 70 percent in the end of December.

Due to COVID-19, Long An is facing a severe shortage of labourers. Theprovincial People’s Committee has advised local firms to build their supportpolicies and plan to receive workers from other localities to Long An forworking as soon as possible. The locality will prioritise the vaccination againstCOVID-19 for workers, according to the committee./.

VNA
#Nike Group #Binh Duong #Foreign Investment Agency #COVID-19 #Long An #vaccination against COVID-19 #Vietnam #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Businesses, workers eager to return to production

Businesses, workers eager to return to production

As a labour-intensive industry, textile enterprises in Ho Chi Minh City have many concerns to address, especially a shortage of workers. According to calculations, businesses are currently short of about 85,000 workers, or 30 percent of needs. Though eager to reopen, businesses must rush to find workers.
Dong Nai helps firms resume operations post-pandemic

Dong Nai helps firms resume operations post-pandemic

The southern province of Dong Nai has gradually resumed several activities in “green zones” and outlined measures to solve difficulties faced by enterprises, after months of strict social distancing order to fight the COVID-19 pandemic.

See more

Deputy Minister Tran Thanh Nam (front line, in a red tie) takes a photo with representatives of German associations and businesses at the event. (Photo: VNA)

Vietnam explores agricultural partnerships in Germany

A major highlight of the visit was a trade promotion forum on Vietnam–Germany agro-forestry-aquatic products, which attracted participation from various trade associations, vocational training institutions, German distribution channels, supermarket chains, and nearly 50 companies specialising in the production, processing, and logistics of agricultural, forestry, and aquatic products.

Ministerial-level negotiation session between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer (Photo: VNA)

Vietnam, US promote negotiations on reciprocal trade agreement

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer reached a high consensus on principles, approaches, content orientations, and negotiation plans, thereby establishing a foundation for subsequent negotiation sessions to achieve positive outcomes.

Le Thanh Lam, CEO of TOPSKILLS, shares insights into the role of AI in modern HR management at the launch event of the AI-Powered TMS system in HCM City on May 16. (Photo: courtesy of the organisers)

AI helps businesses build resilient, adaptable succession teams

Experts said that in the context of digital transformation and AI increasingly becoming key drivers of business innovation, building a capable succession team—those who will lead the company toward sustainable growth—has become an urgent priority.

Prime Minister Pham Minh Chinh and Thai Prime Minister Paetongtarn Shinawatra witnessed the exchange of the MoU between the Ministry of Industry and Trade and Thailand's Central Group. (Photo: VNA)

MoIT, Thailand’s Central Group forge partnership to boost Vietnamese exports

The MoU, signed as part of Thai Prime Minister Paetongtarn Shinawatra’s official visit to Vietnam from May 15-16, was the result of extensive discussions between the two sides, aimed at enhancing the presence and competitiveness of Vietnamese products, particularly consumer goods, and agricultural and aquatic products.

Chu Lai Port welcomes the Chana Bhum, a Singapore-flagged vessel operated by RCL, marking the opening of the Chu Lai–India shipping route. (Photo: VNA)

Vietnamese firm, Thailand-based shipping line cooperate to launch Chu Lai - India direct call service

The direct call service helps cut transportation time, reduce costs, increase competitiveness by bypassing major transshipment ports in northern and southern Vietnam. At the same time, it opens up new trade opportunities, promotes logistics activities, develops supply chains, strengthens regional connectivity, and enhances the position of Chu Lai Port on the international maritime map.

Deputy Minister of Finance Cao Anh Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, US foster bilateral economic, financial cooperation

Strengthening the Vietnam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.

Ba Ria-Vung Tau seaport (Photo: VNA)

Resolution 68: A game-changer for Vietnam’s private sector

Beyond regulatory reform, Resolution 68 provides support policies for access to land, capital, and high-quality human resources, while also promoting digital transformation, innovation, sustainable development, and global value chain integration.

A booth at VietOffice 2024. The first VietOffice held in May last year was a success, generating positive results. (Photo: VNA)

VietOffice 2025 expected to attract 100 exhibitors

The event will see the participation of about 100 exhibitors from eight countries and territories, namerly India, Taiwan (China), China, the Republic of Korea, Japan, Hong Kong (China), the US, and Vietnam.

Illustrative image (Photo: VNA)

Exporters diversify orders to reduce reliance on single market

Facing the risks posed by trade barriers and potential reciprocal tariffs from the US, many businesses have proactively shifted their market strategies, stepped up trade promotion, and diversified their orders to reduce reliance on a single market.

A customer buys petrol at a station in Hanoi. (Photo: VNA)

Government proposes 2-pp VAT reduction on select goods and services until 2026

A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of 2025 and 82.2 trillion VND in 2026.