Nike supplier halts production at 3 Vietnam plants due to COVID-19


Source: marketscreener.com marketscreener.com

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HANOI (Reuters) - Changshin Vietnam, a South Korean shoemaker, became the second major Nike supplier to suspend production in Vietnam as it shut three of its factories near Ho Chi Minh City on Thursday due to a coronavirus outbreak. The factories in Dong Nai province, which employ nearly 42,000 workers, will remain shut until July 20, the Vietnamese government said in a statement, adding many of the 177 infection cases detected in the province were from the factories. Nike did not respond to Reuters request for comment outside U.S. business hours, while calls to Changshin went unanswered. On Wednesday, Taiwan's...