Nike supplier invests $100m in Vietnam

31/07/2019
South Korean footwear manufacturer Chang Shin has invested $100 million in a new factory in Vietnam’s Dong Nai province.

The region is attracting large amounts of foreign investment, particularly from South Korean, Taiwanese and Japanese groups keen to take advantage of preferential trade agreements.

Chang Shin works closely with Nike, developing prototypes in its Korean headquarters, and then manufacturing shoes at its factories in China, Indonesia and Vietnam.

It produces around 90 million pairs of shoes per year.