HONG KONG May 15 Global exporter Li & Fung
said on Thursday the factory facilities of some of its
suppliers in Vietnam had been damaged in anti-China protests
that have seen thousands of Vietnamese set fire to foreign
factories in the south of the country.
Chairman William Fung, speaking at the company's annual
general meeting in Hong Kong, said he was concerned about the
situation in Vietnam and was still assessing the impact.
Vietnam accounts for 7 percent of Li & Fung's sourcing, he
Li & Fung, which supplies retailers like Kohl's Corp
and Wal-Mart Stores Inc with clothing, toys and other
products, said it was mainly United States clients that had been
affected by the unrest in Vietnam.
(Reporting By Yimou Lee and Donny Kwok; Editing by Anne Marie