Update news Adidas

The Vietnamese Government and Prime Minister himself will create favourable conditions for Adidas to expand its operations in Vietnam in the spirit of harmonising interests and sharing risks, PM Pham Minh Chinh told CEO of Adidas Kasper Rorsted.

Fashion rivals continuing to suffer in coronavirus fallout

Thousands of dismissed labourers at suppliers in Vietnam has exacerbated the floundering performance of major garment and footwear brands across the globe like Adidas, Nike, and Zara.

Tax authorities clamping down on foreign evaders

Foreign-invested enterprises will no longer be allowed to ignore their tax obligations as Vietnamese tax departments step up action on duty-dodging businesses.

A world production center – a good choice for Vietnam?

VietNamNet Bridge - The prospect of Vietnam becoming a new production base of the world seems to be clearer with Adidas’ predictions about the continued shift of the shoe outsourcing center from China to Vietnam.

Adidas overseas SpeedFactories: how will it affect VN footwear industry?

VietNamNet Bridge - Adidas’ tendency of relocating production bases to places near major markets is expected to have adverse effects on Vietnam’s footwear industry.

Adidas to mass-produce 3D-printed shoe with Silicon Valley start-up

 Adidas launched a new sneaker on Friday with a 3D-printed sole that it plans to mass-produce next year, part of a broader push by the German sportswear firm to react faster to changing fashions 

Adidas takes the sweat out of sweater shopping with in-store machine

Adidas has been testing a store where shoppers can design a sweater, have a body scan to determine fit and get it knitted by a state-of-the-art machine within hours, as the German company looks at ways to respond more quickly

How will artificial intelligence affect VN businesses?

VietNamNet Bridge - Artificial intelligence now plays an increasingly important role in enterprises’ operation as it helps increase productivity, thus optimizing profit. However, Vietnamese businesses still hesitate to invest in it.

Robots will not shift manufacturing away from Vietnam immediately

Robots, despite being cheaper and more productive, will not immediately shift manufacturing away from countries abundant with inexpensive and low-skilled labour, such as Vietnam.

Advertising deals surge despite downturn

VietNamNet Bridge – The advertising market has bucked the economic trend, remaining strong, with both Vietnamese and foreign advertising agencies seeing a consistent increase in the number of huge deals with large corporations.

Nike, Adidas transfer orders from China to Vietnam

 VietNamNet Bridge – World-famous shoe and handbag brands like Nike, Adidas, Puma and Timberland are transferring the bulk of their orders to Vietnam to avoid risks in China.

Adidas Vietnam under the tax authorities’ microscope

The General Department of Taxation has asked the HCM City tax office to review the relations between Adidas Vietnam and a number of companies in the global system of Adidas to determine the costs that this firm declared for tax calculation.