Some 20,000 PouYuen workers take paid leave amid order shortfall
HCMC – A fall in new orders has forced PouYuen Vietnam, a major footwear manufacturer of Taiwan, to require
According to the authority of the processing zones and industrial parks in HCMC, 51 businesses with almost 6,000 workers have suffered from the order shortfall, reported VOV, the national radio station of Vietnam.
The jewelry and high-end products sectors, including garments, footwear and woodwork, are most affected.
The order shortfall is attributed to the Russia-Ukraine military conflict, political, social and security instability, and rising fuel prices.