On March 5, according to Vietnamese media reports:Everyone knows that getting an order now is as happy as the New Year.
DecathlonThe world’s largest manufacturer
Getting the order is as happy as the Chinese New Year
Preparing to recruit another 3,000 people, 45 lines
Mr. Nguyen Van Thoi, Chairman of the Board of Directors of Vietnam TNG Investment and Trading Joint Stock Company, said that the inventory of many large partners has been sold out, so the company has With Decathlon, Columbia, The Children’s Place, Sportmaster, Costco, Nike, Adidas…Signed export orders with many partners
In particular, Decathlon is increasing orders to supply services for the Summer Olympics in France in June 2024.
We are currently the largest Decathlon manufacturer of woven apparel worldwide, with annual sales of over €100 million.
“This year, we expect to increase total production capacity by 15% by deploying 45 sewing lines and recruiting 3,000 workers starting from March 2024” – Thoi said Mr.
This shoe factory has orders until the end of June
This is a very positive sign
Mr. Ruan Zhizhong, chairman of Jiading Group Co., Ltd., a large enterprise in the field of leather and footwear, also said that recently the company has received a series of orders from major partners around the world, with orders until the end of June, in order to keep up with export orders, workers in the company’s factories were mobilized to work overtime 5 days/week, adding 2-2 hours to 5 hours a day.
Mr. Trung said that under the difficult background, companies focused on expanding small markets and finding new markets.
Ms. Phan Thi Thanh Xuan, vice president and secretary-general of the Vietnam Leather, Footwear and Handbags Association, said, As of February 15, Vietnam’s footwear exports exceeded US$2.46 billion, a year-on-year increase of more than 16%.
Same period last year. After a period of layoffs, companies continue to recruit workers to speed up production. According to Ms. Xuan,Currently, exports to major export markets such as the United States, Europe, Japan, and South Korea, especially the Chinese market, are growing.
This is a very positive signal for the shoe industry, which has experienced a period of “hungry” orders and a sharp drop in demand.
Balanced and diversified market
Nguyen Bi Lam, former director of the General Administration of Statistics of Vietnam, said that exports of goods and services are an important driving force not only in this decade but also in the next decade.
Therefore, Mr. Lin proposed that the authorities need to urgently grasp which industries and fields will become the development trend of the world economy in the coming period to make Vietnam’s economy mainstream.
Mr. Tran Thanh Hai, Deputy Director of the Import and Export Department of the Ministry of Industry and Trade, said that the Ministry of Industry and Trade will continue to support enterprises in taking advantage of the commitments in the FTA Agreement (Free Trade Agreement) and promote opportunities through promoting rules of origin and issuance of certificates of origin. and ways to enhance exports by taking advantage of free trade agreement opportunities.
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