Footwear manufacturing giant, Yue Yuen said that most of its Vietnam manufacturing capacity has been disrupted by the recent Covid-prevention lockdowns imposed by health authorities there. The tightest limitations are in the south, in Ho Chi Minh City and its surrounding provinces. Vietnam accounted for about 45% of YY’s total shoe shipment in the first half of the year, so the factory closures will have a significant effect on its Q3 revenues. YY noted that it has encouraged workers to get vaccinated, and will continue other prevention measures like workplace cleaning and split ... Log in to view full article.