Prime Minister Pham Minh Chinh talked over the phone with CEO of Adidas Kasper Rorsted on March 1 to discuss measures for promoting the German sportwear firm’s operations in Vietnam.
Vietnam is expected to become a new production hub of the world, as “Made in Vietnam” products are winning larger shares in the international market, according to Russia's Sputnik news agency.
Prime Minister Nguyen Xuan Phuc received leaders from many world leading multinational corporations on the sidelines of the World Economic Forum (WEF) 2019 in Davos on January 23 (local time).
Global footwear brands like Adidas, Nike and Puma are increasingly turning to Vietnam for their manufacturing needs due to its affordable labour costs and free trade agreements.