Business
Danish footwear company shuts Vietnam factory, 1,600 workers lose jobs
A Danish footwear company has closed its factory in Vietnam, leading to the loss of jobs for 1,600 workers. The company has ceased its operations in the country.
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- Danish footwear firm shuts Vietnam factory, 1,600 workers jobless
Danish footwear maker ECCO Sko A/S is closing its Vietnam factory, rendering over 1,600 employees jobless. Declining market demand and global restructuring are cited as reasons. Authorities are working to facilitate new employment opportunities.