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
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UNFPA presents aid to senior citizens in flood-hit central provinces
People in Phu Tho village, An Thuy commune, Quang Binh province's Le Thuy district face various difficulties during historic flooding in Oct. 2020 At the handover ceremony, UNFPA Representative in Vietnam Naomi Kitahara said the elderly are the most vulnerable group in case natural disasters occur in residential areas, as public health programs are disrupted. … [Read more...] about UNFPA presents aid to senior citizens in flood-hit central provinces
Intel channels additional $475 million into Vietnam
He pledged that SHTP will continue to improve human resources quality, focus on the development of supply chains and supporting industries, and improve transport and telecommunications infrastructure, in an effort to create the best conditions for effective business operations. … [Read more...] about Intel channels additional $475 million into Vietnam
