Story of made-in-Vietnam Nike shoes and Vietnam's position in global value chain
A pair of Nike shoes are priced at more than $100, even $300, but the Vietnamese share is less than $10.
A pair of Nike shoes are priced at more than $100, even $300, but the Vietnamese share is less than $10.
The prevalence of fake products with labels of famous brands like Nike and Adidas is becoming a big concern in Viet Nam to threaten genuine ones.
With their two famous brands Adidas and Reebok, Adidas Vietnam, is winning the local market against their rival company, owner of Nike and Converse brands. And now an emerging local brand called Biti’s is also joining the race.
Nike and Adidas are willing to pay 10-17 percent of their profits for their marketing campaigns. Will Vietnamese businesses do the same?