Nike to Increase Vietnam Investments as Production Ramps Up
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Nike Inc.’s Vietnamese subcontractors have resumed production and the company plans to increase its reliance on the Southeast Asian country to make its shoes with more investments, according to a report on the Vietnam government’s website.
Production has restarted in the nearly 200 Vietnam factories that make Nike products after disruptions from Covid-19 outbreaks, the government website reported, citing Nike’s Chief Sustainability Officer Noel Kinder during a Tuesday meeting with Vietnam’s Premier Pham Minh Chinh in Scotland.