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
Import and export industry
Diplomats accompany businesses on the way to global markets
In this new period of international economic integration, Vietnamese representative agencies abroad and businesses should focus their efforts on taking advantage of opportunities offered by free trade agreements (FTAs). A signatory of 16 FTAs, Vietnam is part of a network of free trade areas accounting for 59 percent of the world population and 68 percent of global trade, enabling it to benefit from trade with major economies in the region and the world. … [Read more...] about Diplomats accompany businesses on the way to global markets
National development measures proposed at 13th National Party Congress
Hanoi (VNA) – Twelve delegates delivered their ideas on how to boost national development in the next five years during a discussion session at the hall on January 27 morning as part of the 13th National Party Congress. Tran Thanh Man, Secretary of the Party Central Committee and President of the Vietnam Fatherland Front (VFF) Central Committee, presented a report on promoting the strength of the great national unity and reforming the content and methods and increasing the quality of activities of the VFF and socio-political organisations. Phan Van Giang, member of the Party Central Committee, Deputy Minister of National Defence and Chief of the General Staff of the Vietnam People’s Army, spoke about how to consolidate and strengthen the all-people defence posture, and continue building a revolutionary, regular, élite and modern people’s army. Politburo member and Minister of Public Security To Lam presented his views on building a clean and strong public … [Read more...] about National development measures proposed at 13th National Party Congress
