Intel plans to expand investment in Viet Nam
- 154
- Enterprise
- 10:00 28/05/2022
DNHN - Intel has planned to broaden business and investment activities in Viet Nam following country's good management of the COVID-19 pandemic, said Intel CEO Patrick Gelsinger.
The Intel CEO made the above statement at a meeting with Vietnamese Prime Minister Pham Minh Chinh in Ha Noi on May 27.
Viet Nam is an attractive destination for foreign investors as it is a dynamic economy and a promising market, emphasized Gelsinger.
Gelsinger higlighted that that Viet Nam remains a charming investment destination in the eyes of foreign investors thanks to its dynamic economy, promising market, and industrious population.
He appreciated the Government's efforts in creating favorable conditions for foreign investors, particularly its support for Intel to maintain production amid the pandemic time.
Pham who visted Intel's headquarters in California, the U.S. last May praised Intel's investment activities in Viet Nam over the past 15 years.
Intel's assembly and test factory located in Saigon Hi-Tech Park in Ho Chi Minh City became the U.S.'s biggest high tech project in Viet Nam.
Since it came into operation in 2010, the factory has generated hundreds of jobs and consolidated Viet Nam's status in the global semiconductor supply chains.
Pham asked Intel to build a research center in Viet Nam and assist the Southeast Asian nation in building up startup and innovation ecosystem and high-quality workforce.
Huong Giang/ en.baochinhphu.vn
Related news
- Women entrepreneurs in the Era of National Advancement
- The move of a Chinese businesswoman into Vietnam’s snack market
- The Đại Dũng Group: A 30-Year journey of developing a sustainable value chain
- Rediscovering connection – a journey of discovery at LAMORI
- ShopeeFood and Grab dominate Vietnam’s food delivery market
- The ambitions of major enterprises in 2025
- Rice export prices expected to rebound soon due to limited supply
- Attracting investment in renewable energy – Driving the green economy
- Who are the two mysterious female tycoons holding 52 million HQC shares?
- GDP growth target for 2025: Aiming for a breakthrough pace
- “Green treasure” in the heart of the Mekong Delta
- Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
- Brandnew e-commerce law to address policy gaps
- Bến Tre sets ambitious economic goals in 2025
- Chopin: The magical piano – Touching the heart and emotions of the audience
- The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
- VITA VINA: Where dreams of vocational study abroad take flight
- Green Power and Green Carbon Group sign cooperation agreement for development
- Vinpearl, Hoa Sen Group, Bim Group, and Thành Thành Công – Biên Hòa are the most favored employers
- “Imposing high taxes on short-term real estate purchases reduces market liquidity”
#foreign investors

Vietnam to improve institutions to attract foreign investment
In view of the important contributions of investment capital to the local economy, Vietnam needs immediate solutions to attract more FDI and strengthen its sources, according to experts.
Đọc thêm Enterprise
The ambitions of major enterprises in 2025
Major enterprises such as Dabaco, FPT, and KBC have set ambitious plans for 2025, demonstrating flexibility and sharpness in their business strategies.
What do domestic businesses need to overcome difficulties?
Strong and synchronized government support policies are crucial in helping Vietnamese enterprises navigate the current challenging period.
ACV achieved net profit surpassing VND 11,560 billion in 2024
Vietnam Airports Corporation (ACV) has recently announced its 2024 business results, reporting a net profit exceeding VND 11,560 billion, marking a 37% growth compared to the previous year.
Increasing taxes on pick-up trucks: The need to hear public opinion
The proposed tax increase on pick-up trucks is sparking debate. Many representatives argue that this decision could impact workers, businesses, and the domestic automotive market.
"The Vietnam-Korea Investment Cooperation Forum 2024 is a testament to the spirit of innovation and sustainable collaboration."
For Mr. Kim Ki-mun, Chairman of KBIZ, the Vietnam-Korea Investment Cooperation Forum 2024, scheduled for November 21, is not merely an event but also a testament to the spirit of innovation and sustainable collaboration between nations.
KBIZ's 60-year journey in building a solid foundation for South Korea's small and medium enterprise community
With over 60 years of establishment and development, the Korea Federation of SMEs (KBIZ) has emerged as a pioneering force in supporting the small and medium-sized enterprise (SME) community in South Korea.
What categories are included in the additional audit subjects?
On the morning of November 7, the National Assembly discussed the draft amendment of several articles across seven laws, with a particular focus on adding new audit subjects.
Institutional obstacles "tie up" enterprises and challenge economic growth
During a session discussing the 2024 socio-economic development plan, National Assembly deputies emphasized that institutional barriers remain a significant "obstacle" for businesses.
More than 1,000 new real estate businesses established in Ho Chi Minh City, transactions grow
In the first nine months of 2024, Ho Chi Minh City's real estate market witnessed the establishment of over 1,000 new businesses and recorded 1,600 property transactions, signaling a positive recovery trend.
Foxconn expands investment with additional $80 million for chip production in Bắc Giang
Shunsin Vietnam Technology Co., Ltd., a subsidiary of Foxconn, will invest an additional $80 million in Quang Chau Industrial Park in Bắc Giang Province to manufacture chips.