According to numerous reports, workers at a factory in southern Vietnam
owned by Pou Yuen Vietnam, a footwear maker for brands such as Nike, Adidas, Lacoste, Converse and
Reebok, have gone on a rare strike.
As many as 90,000 workers
vowed to strike for a sixth day over a Vietnamese government
pension-policy change. The new rules delay lump-sum social insurance
payments until the workers retire instead of when they leave a company.
Workers are concerned the money may not be available in the future. Strikes and protests are rare in communist Vietnam.
Pou Yuen is controlled by Yue Yuen Industrial Holdings Ltd, a subsidiary of
Taiwan-listed Pou Chen Corp.
A Reuters article covering the strike is here.
