# Hung Yen province

Type: location

Source: Retail Intelligence Brief — https://getretailbrief.com/entity/hung-yen-province
Canonical HTML page: https://getretailbrief.com/entity/hung-yen-province

## Timeline

- **2026-02**: Project abandoned — Jasan cancels the Thanh Hoa factory, citing land acquisition delays and uncertain export prospects amid shifting US trade policy.
- **2025-09**: New factory announced — Jasan unveils a 180 million yuan (US$26.6M) investment in Thanh Hoa, Vietnam, to produce 60 million pairs of socks annually for the US market.
- **2018-07**: US-China trade war escalates — Trump imposes sweeping tariffs on Chinese goods, accelerating a wave of Chinese manufacturing migration to Vietnam.
- **2017**: Jasan relocates to Vietnam — Jasan Group shifts its primary textile production base from China to Vietnam’s Hung Yen province to pre-empt Trump administration tariffs.

## Recent coverage (1 stories)

### 60M sock gap: How Jasan’s $26.6M exit hits Walmart’s supply chain
2026-06-25 01:40:10 · Sentiment: Negative · Impact: 6/10 · Sources: 2

For retailers like Walmart, Jasan Group’s sudden pullout from a planned 60 million-pair sock factory in Vietnam signals fresh sourcing woes. The retreat highlights how trade policy pivots can abruptly disrupt product availability and cost structures, forcing retailers to find new suppliers under pressure.
Full story: https://getretailbrief.com/story/jasan-vietnam-exit-retail-sourcing-risk

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