Saturday, May 30, 2015   

Li & Fung supplier factories damaged in Vietnam
(05-15 18:55)

The world's largest sourcing firm, Li & Fung, says factory facilities of some of its suppliers in Vietnam have been damaged in anti-China protests. Speaking at the company's annual general meeting in Hong Kong, its chairman William Fung Kwok-lun said he was concerned about the violence in Vietnam, and the impact of the protests are being assessed. Vietnam accounts for seven percent of the company's sourcing. Fung said its United States clients would be most affected by the unrest in Vietnam. --RTHK   
Other Business breaking news:
Low fuel costs help lift AirAsia income (05-29 17:58)
Swiss watch exports fall, economy shows negative growth (05-29 17:35)
Hang Seng, Shanghai slump (05-29 16:23)
European markets directionless (05-29 15:39)
Nikkei extends gains to 11 sessions (05-29 15:19)
IMAX set for HK public float (05-29 14:05)
HK, Chinese shares eke out gains (05-29 12:42)
Nikkei extends rally (05-29 11:03)
New Android seeks to make smartphone smarter (05-29 10:19)
Google unveils Android Pay in fresh challenge to Apple (05-29 10:12)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.