CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy
Half of Nike products sold globally made in Vietnam
Hai Yen 10:31, 2019/06/11
Nike’s Vice President Chris Helzer highly regarded the quality of Vietnam’s labor force, which has contributed to the success of Nike as one of the world’s largest sportswear and accessories companies.
Vietnam is currently Nike’s most important production and export base, with up to 50% of its products sold globally made in the country, according to Chris Helzer, Nike’s vice president. 
 
Deputy Prime Minister Vuong Dinh Hue and Chris Helzer, Nike’s vice president. Source: VGP.
Deputy Prime Minister Vuong Dinh Hue (l) and Chris Helzer, Nike’s vice president (r). Source: VGP.
In 2020, Nike would mark 25th anniversary of first facility in Vietnam, said Helzer in a meeting with Deputy Prime Minister Vuong Dinh Hue on June 10. 

Helzer highly regarded the quality of Vietnam’s labor force, which has contributed to the success of Nike as one of the world’s largest sporstwear and accessories companies. 

At the meeting, Deputy PM Hue said Nike has been instrumental for Vietnam’s high growth in exports and economic development, while supporting the country’s social welfare and training human resources. 

According to Hue, Vietnam is in the process of transpositioning its commitments to the Comprehensive and Progressive Trans – Pacific Partnership (CPTPP), including the revision of laws on Insurance Business and Intellectual Property. 

Meanwhile, the Labor Code is being reviewed to harmonize with Vietnam’s international commitments in CPTPP, Hue stated. 

Vietnam is expected to announce its new strategy for foreign direct investment attraction, focusing on projects using modern technologies and environmentally-friendly, at the same time encouraging multinational companies establishing innovation centers in Vietnam, Hue continued. 

Hue requested Nike to promote the application of advanced technologies in production for higher added value and facilitate greater trade relations between Vietnam and the European Union, and between Vietnam and the US, ensuring balanced trade of Vietnam with all partners. 
Comments
Other news
17:56, 2025/02/22
Vietnam imposes anti-dumping tariffs on certain Chinese steel products
The investigation was launched in response to a request from two domestic producers.
17:52, 2025/02/22
Party chief experiences Ho Chi Minh City’s first metro line
The Party chief’s visit is significant after the National Assembly approved a resolution on February 19 to pilot mechanisms for Ho Chi Minh City’s urban railway development.