An inflation rate of as high as 23% has provoked more walkouts in Vietnam's manufacturing industry.
Over 1,000 workers walked out of a Panasonic factory in Hanoi over the weekend demanding higher pay. This came in the wake of a strike by 5,000 at a shoe factory in Hai Phong City last month. There have been several strikes in shoe manufacture during the past year, and at foreign owned factories in North Vietnam in general, with the Wall Street Journal noticing an increase in recent strike activity. Business Week also claimed that workers had been hoarding rice in response to recent price hikes.
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