![](https://i.imgur.com/CLvY2jA.png")
14-12-2022, 04:17 PM
Issued on: 14/12/2022 - 03:26
Modified: 14/12/2022 - 03:24
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Almost half a million others have been forced to work fewer hours as orders fall in the Southeast Asian country, one of the world's largest exporters of clothing, footwear and furniture.
The cost-of-living crisis in Europe and the United States -- major markets for Vietnamese-produced goods -- has seen the buying power of Western shoppers plunge.
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Since September, more than 1,200 companies -- mostly foreign businesses in the garment, footwear and furniture sectors -- have been forced to sack staff or cut working hours
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Compared with last year, orders are down 30-40 percent from the United States and 60 percent from Europe
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More than 470,000 workers have had their hours slashed in the last four months of the year while about 40,000 people have lost their jobs
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Taiwanese giant Pouyuen, a Nike shoe producer, has put 20,000 of its workers on paid leave in rotation, while reports said Vietnam's largest foreign investor, Samsung Electronics, has started reducing its smartphone production at factories in the north.
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The situation is bleaker than during the Covid-19 pandemic, say workers
https://www.france24.com/en/live-news/20...ts-imports
Modified: 14/12/2022 - 03:24
......
Almost half a million others have been forced to work fewer hours as orders fall in the Southeast Asian country, one of the world's largest exporters of clothing, footwear and furniture.
The cost-of-living crisis in Europe and the United States -- major markets for Vietnamese-produced goods -- has seen the buying power of Western shoppers plunge.
......
Since September, more than 1,200 companies -- mostly foreign businesses in the garment, footwear and furniture sectors -- have been forced to sack staff or cut working hours
......
Compared with last year, orders are down 30-40 percent from the United States and 60 percent from Europe
......
More than 470,000 workers have had their hours slashed in the last four months of the year while about 40,000 people have lost their jobs
......
Taiwanese giant Pouyuen, a Nike shoe producer, has put 20,000 of its workers on paid leave in rotation, while reports said Vietnam's largest foreign investor, Samsung Electronics, has started reducing its smartphone production at factories in the north.
......
The situation is bleaker than during the Covid-19 pandemic, say workers
https://www.france24.com/en/live-news/20...ts-imports
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