Chang Shin Vietnam Co. Ltd, which manufactures Nike shoes for export, has announced it will expand its factory in the southern province of Dong Nai’ Long Thanh district to cash in on bulk orders next year.
Chang Shin Vietnam Co. Ltd, which manufactures Nike shoes for export,has announced it will expand its factory in the southern province ofDong Nai’ Long Thanh district to cash in on bulk orders next year.
Company General Director Woo Bang said the 12 million USD expansionproject expects to generate an additional 1,800 jobs for local people.
He noted that in defiance of the global economy’ssluggish recovery, Nike Group still continued transferring itsIndonesian and Chinese export production orders to Vietnam .
Chang Shin Vietnam Co expects its orders to rise 40 percent in 2014and continue to increase ver the following years. The company hasexpanded its production scale eight-fold since its establishment 18years ago, and its factories currently employ more than 20,000 workers.
Despite challenges in this year, the company stillbelieves it will achieve its goal of exporting 20 million pairs of shoesfor around 340 million USD.-VNA
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