Supporting industries

HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam

Intel's representatives at the awarding ceremony of the amended investment registration certificate for the first phase of investment expansion Intel Products Vietnam is an important part of Intel’s worldwide manufacturing presence. As Intel redefines its position in the industry from a CPU to a multi-architecture XPU company, IPV will continue to diversify and improve its local operations so that it can take on more complex technologies and new products to enable Intel to tap new market opportunities. … [Read more...] about Intel injects additional $475 million into Vietnam facility

Hanoi (VNA) - The national finance sector has recorded important developments and made decisive contributions to the country’s achievements, according to member of the Party Central Committee and Minister of Finance Dinh Tien Dung. Addressing a discussion within the framework of the 13th National Party Congress on January 27, Dung said the financial sector has implemented the policy of e-government development towards a digital government and digital economy, and promoted IT application and development. Businesses now basically conduct all tax declarations, tax payments, tax refunds, and customs procedures via digital platforms. The restructuring of the State budget and public debt in the 2016-2020 period helped strengthen national finances while mobilising more resources for COVID-19 prevention and control, supporting the national economy to avoid recession, helping Vietnam become one of the few economies posting positive growth in 2020, and creating an important foundation … [Read more...] about Finance sector contributes decisively to national achievements: Official

“The increased investment decision from Intel means a great deal to us and proves Intel's great confidence in the local workforce and the stable investment environment in Vietnam, HCMC and the Saigon Hi-Tech Park, in particular. We will continuously provide our best support to Intel's operations and look forward to welcoming more U.S. investors," Thi said. … [Read more...] about Intel invests additional US$475 million in Vietnam

One of our successful clients is Saint-Gobain (North America), one of the largest building material manufacturers in the world. At the site level, they use energy 24/7 and they have to optimise costs and energy consumption at those sites. They have the proper tools within the plants and the experts to support them in this management. Each plant was buying energy from their local utility. EcoStruxure has been the tool to give them full visibility from the site to the corporate level, to the global level. Thanks to EcoStruxure, they have saved hundreds of millions of dollars and fuelled innovation at the company. … [Read more...] about The “next normal” in business is sustainability