Vietnam investment group

IPV is the largest assembly and test manufacturing facility in the Intel assembly and test network. It has more than 2,700 employees and serves customers around the world. IPV is one of 10 manufacturing sites that Intel has globally and remains the largest US high-tech investment in Vietnam. … [Read more...] about Intel injects additional $475 million into Vietnam facility

The expansion is in addition to the semiconductor giant's over US$1 billion investment to develop IPV, Intel’s chip assembly and test manufacturing facility at the Saigon Hi-Tech Park in HCMC, which was first announced in 2006. This takes Intel's total investment in Vietnam to over US$1.5 billion. … [Read more...] about Intel invests additional US$475 million in Vietnam

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

Hanoi (VNA) – Vietnam will elevate bilateral and multilateral relations in the time to come as stated in the draft documents submitted to the ongoing 13th National Congress of the Communist Party of Vietnam (CPV). Talking to reporters on the sidelines of the Congress at the National Convention Center in Hanoi on January 27, Hoang Binh Quan, head of the Party Central Committee’s Commission for External Relations, said Vietnam will make efforts to make its bilateral relations more substantive and effective, focusing on increasing political trust. Currently, the CPV has a resolution to enhance Vietnam's multilateral relations in a spirit that the country will both actively and proactively engage in multilateral mechanisms and initiatives, he said. “This is a development step in the foreign policy of the Party and Government of Vietnam in the coming term,” he noted. Regarding the effectiveness of Vietnam’s foreign policy, Quan said that Vietnam has joined … [Read more...] about Vietnam aims to elevate bilateral, multilateral relations

Hanoi (VNA) – India’s e-newspaper Times of India on January 26 ran an article about the 13th National Congress of the Communist Party of Vietnam, spotlighting Prime Minister Nguyen Xuan Phuc’s speech at the congress opening. The article quoted the Vietnamese PM as saying that the congress is taking place at a time of complicated regional and international developments and global challenges such as climate change, natural disasters and pandemics. In that sense, Vietnam’s 13th National Party Congress comes at a historic time not only for Vietnam but also for the Indo-Pacific region as a whole, it said, adding that there are multiple challenges and opportunities. Having made tremendous economic progress over the last 15 years, Vietnam’s policy of “Doi Moi” (Renewal) has not only raised prosperity for the Vietnamese people but also significantly bolstered the country’s regional and international position, it said. In fact, most … [Read more...] about Indian e-newspaper highlights Vietnam’s role in region