US semiconductor firms ready to invest $8 bln in Vietnam: Under Secretary

US semiconductor firms ready to invest $8 bln in Vietnam: Under Secretary

As many as 15 U.S. semiconductor companies are prepared to invest circa $8 billion in Vietnam and are waiting for clearer signals of renewable energy development to make the move, Under Secretary of State Jose Fernandez has tipped.

Industries - Fri, January 26, 2024 | 10:12 pm

China President Xi to visit Vietnam next week

China President Xi to visit Vietnam next week

Xi Jinping, the Chinese Communist Party's General Secretary and China’s President, and his wife will pay a state visit to Vietnam on December 12-13, three months after a landmark visit by U.S. President Joe Biden in September.

Politics - Thu, December 7, 2023 | 3:58 pm

Vietnam reiterates request for US aid for semiconductor industry

Vietnam reiterates request for US aid for semiconductor industry

Vietnam has asked the U.S. government to support it in developing the fledgling semiconductor sector and other basic industries as the country has become one of the fastest-growing semiconductor markets.

Industries - Thu, November 16, 2023 | 11:34 pm

American listing helps Vietnam firms elevate standing: US commissioner

American listing helps Vietnam firms elevate standing: US commissioner

The key values that fuel the U.S. capital markets such as strong corporate governance and transparency through public disclosures help elevate the standing of foreign companies, including those from Vietnam, that are listed on U.S. securities markets, said Caroline D. Pham, commissioner of the Commodity Futures Trading Commission (CFTC).

Economy - Tue, November 14, 2023 | 12:32 pm

Biden to sign strategic partnership deal with Vietnam in Sep: Politico

Biden to sign strategic partnership deal with Vietnam in Sep: Politico

U.S. President Joe Biden will sign a strategic partnership agreement with Vietnam during a state visit to the Southeast Asian country in mid-September, Politico reported, citing three people with knowledge of the deal's planning.

Politics - Sat, August 19, 2023 | 1:38 pm

Double upgrade of ties with US set to stimulate foreign investment in Vietnam: VinaCapital

Double upgrade of ties with US set to stimulate foreign investment in Vietnam: VinaCapital

The two-notch elevation of the Vietnam-U.S. relationship to a comprehensive strategic partnership last month will likely prompt an enormous investment inflow from America and encourage continued investment from companies in other “friendshoring” countries, according to VinaCapital.

Industries - Wed, October 25, 2023 | 11:56 am

Vietnam to train 100,000 semiconductor engineers by 2030

Vietnam to train 100,000 semiconductor engineers by 2030

The government plans to train between 50,000 and 100,000 high-skilled workers in the 2025-2030 period as Vietnam braces for a fresh investment wave to sweep its semiconductor industry.

Economy - Tue, October 24, 2023 | 8:08 pm

Vietnam’s semiconductor investments a shortcut to economic breakthrough: HSBC exec

Vietnam’s semiconductor investments a shortcut to economic breakthrough: HSBC exec

Investment in semiconductors will definitely be a shortcut for Vietnam to achieve an economic development breakthrough, says Stephen Brade, head of Multinationals, Global Banking, HSBC Asia Pacific.

Companies - Mon, October 16, 2023 | 7:00 am

DFC keen on rare earths-linked investment in Vietnam

DFC keen on rare earths-linked investment in Vietnam

The U.S. International Development Finance Corporation (DFC) is not a newcomer to Vietnam, and made headlines during President Biden’s visit to Hanoi last month with two deals totaling $400 million. In an interview, DFC spokesperson Pooja Jhunjhunwala shared the views on the institution’s priority areas in Vietnam such as rare earths, infrastructure and energy and how investment can advance reforms.

Finance - Fri, October 13, 2023 | 2:50 pm

Vietnam needs breakthrough incentives for semiconductor development: expert

Vietnam needs breakthrough incentives for semiconductor development: expert

The Vietnamese government needs to consider incentives beyond the existing regulatory framework to stimulate the development of its fledgling semiconductor industry as the country seeks further integration into global chip-related supply chains, an eminent expert has suggested.

Industries - Tue, October 3, 2023 | 11:05 am

Vietnam doing the right things for increased foreign investment flows: Cargill exec

Vietnam doing the right things for increased foreign investment flows: Cargill exec

Vietnam’s ongoing investments in roads, waterways and ports will boost economic efficiency and attract more foreign investments, says Duc Thang Pham, managing director of Cargill Animal Nutrition Thailand and Vietnam.

Executive Talk - Mon, October 2, 2023 | 7:01 am

Boeing representatives visit Vietnamese private conglomerate Thaco

Boeing representatives visit Vietnamese private conglomerate Thaco

Boeing representatives visited Thaco Industries' factory in Quang Nam province in mid September while the group was seeking suppliers in Vietnam, the European-American Market Department reported on Wednesday.

Companies - Thu, September 28, 2023 | 2:52 pm

Upgraded US ties could kick off Vietnamese startups in new technologies: VinaCapital

Upgraded US ties could kick off Vietnamese startups in new technologies: VinaCapital

The recent upgrade of Vietnam-US ties to that of a comprehensive strategic partnership is likely to encourage Vietnamese startups in new technologies including IT, semiconductor and Artificial Intelligence, says VinaCapital.

Economy - Tue, September 26, 2023 | 3:54 pm

American food fest looks to boost US-Vietnam agriculture trade

American food fest looks to boost US-Vietnam agriculture trade

The U.S. Department of Agriculture (USDA) and the U.S. embassy organized a barbeque fest in Hanoi Thursday to introduce Vietnamese importers, retailers, restaurants and chefs to American food.

Companies - Fri, September 22, 2023 | 4:21 pm