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Footwear exporters out of step

November 12th, 2011

The main reason is enterprises paying more for social insurance when the new minimum wage requirement came into effect from October 1. Saigon Garment Manufacturing Trading, with two facilities in Saigon City and more than 2,000 employees, is worried about a decline in profits. Under the new rule, Minh Tien Bag Manufacturing, located in Ho [...]

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