Fewer orders, redundancies: Made in Vietnam creaks

Fewer orders, redundancies: Made in Vietnam creaks

Vietnamese shoes are also slowing down. After years of ascent in which it nibbled away market share from China, the made-in-Vietnam shoe is creaking under the blows of the critical global economy. Orders are down (-30%) and local shoe factories are laying off. To avoid delays in the global supply chain, European and American buyers…

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