US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

California-based chip manufacturing equipment supplier Lam Research has plans to partner with Korea’s Seojin Company to develop factories and establish a supply chain with an investment of $1-2 billion in the first phase as it seeks to expand in Asia.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel commits to long-term investment in Vietnam: representative

Intel commits to long-term investment in Vietnam: representative

Intel appreciates the continued support of the Vietnamese government and is committed to long-term investments in the country, Intel Vietnam representative Phung Viet Thang said at the Vietnam Business Forum (VBF) on Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's game market potential to be unlocked

Vietnam's game market potential to be unlocked

With over 18 million esports players, according to the 2021 Vietnamese Esports White Paper, the Vietnamese esports industry has a potential foundation for development, writes Phung Viet Thang, country manager, sales, marketing & communications group, Intel Vietnam.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel, Vietnam telco Viettel partner up in AI, 5G, data center, smart devices

Intel, Vietnam telco Viettel partner up in AI, 5G, data center, smart devices

Vietnamese telecom giant Viettel and U.S. technological firm Intel have signed a memorandum of understanding to accelerate research & development (R&D) and advanced technologies at the Mobile World Congress (MWC) 2024.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel, WB to help Danang with semiconductor, AI training

Intel, WB to help Danang with semiconductor, AI training

U.S.-based Intel Corporation and the World Bank have pledged to support the central city of Danang train residents in semiconductor and artificial intelligence (AI).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam stated-owned telcos urged to lead semiconductor research

Vietnam stated-owned telcos urged to lead semiconductor research

Prime Minister Pham Minh Chinh has asked leading state-owned telecommunications companies to play a leading role in research of emerging technologies including semiconductors.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel offers digitalization training per Vietnam’s needs

Intel offers digitalization training per Vietnam’s needs

Intel is willing to cooperate in training and accepting Vietnamese students as interns and employees as Vietnam needs, a senior company executive said Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Citi Vietnam executive elected AmCham HCMC chair for 2024

Citi Vietnam executive elected AmCham HCMC chair for 2024

Ramachandran A.S. (RamC), Citi's country officer for Vietnam, has been elected chairman of the American Chamber of Commerce (AmCham) Ho Chi Minh City for 2024.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel did not call off expansion in Vietnam due to power shortage: association chairman

Intel did not call off expansion in Vietnam due to power shortage: association chairman

The argument that Intel had called off its $1 billion investment plan to expand chip production in Vietnam due to lack of electricity and cumbersome administrative procedures is unfounded, said Prof. Nguyen Mai, chairman of Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel to continue investing in Vietnam per pledged commitment: executive

Intel to continue investing in Vietnam per pledged commitment: executive

Intel will continue to invest in Vietnam per its pledged commitment and continue stable operations, said Intel Products Vietnam general director Kim Huat Ooi.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel calls off investment expansion plan in Vietnam: Reuters

Intel calls off investment expansion plan in Vietnam: Reuters

Intel has called off its planned investment expansion in Vietnam, which would have doubled the tech giant’s operations in the country, Reuters reported.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam opens new National Innovation Center facility, chip design center

Vietnam opens new National Innovation Center facility, chip design center

Vietnam has inaugurated a new facility of the National Innovation Center (NIC) and a chip design center as the country seeks to stimulate the startup ecosystem and deepen its participation in the global semiconductor supply chain.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Customs seeks digitalization support from Intel, Microsoft

Vietnam Customs seeks digitalization support from Intel, Microsoft

Vietnam Customs is looking to cooperate with tech giants Intel and Microsoft in its digitalization process, which aims to enhance application and processing of trade procedures.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam beneficiary as global semiconductor supply chain shifts: HSBC exec

Vietnam beneficiary as global semiconductor supply chain shifts: HSBC exec

Vietnam and Malaysia are major Southeast Asian beneficiaries of semiconductor industry investments and this will benefit other industries as well, said Frederic Neumann, chief Asia economist of HSBC.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam semiconductor magnet attracts billions in foreign investments

Vietnam semiconductor magnet attracts billions in foreign investments

Vietnam has been attracting foreign investments worth billions of dollars into the semiconductor sector, with South Korea’s Hana Micron the latest investor.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel consumer technology exhibition wows enthusiasts in Vietnam

Intel consumer technology exhibition wows enthusiasts in Vietnam

Intel Vietnam recently held the Intel Tech Camp 2023, the largest consumer technology exhibition of the year, with the participation of many famous brands in Ho Chi Minh City.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

New impetus for US investments in Vietnam after upgraded ties

New impetus for US investments in Vietnam after upgraded ties

The comprehensive strategic partnership between the U.S. and Vietnam is expected to bring diverse economic benefits to Vietnam, including increased foreign direct investments, writes Dr. Burkhard Schrage, senior program manager of MBA and EMBA programs at Business School, RMIT Vietnam.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Upgraded Vietnam-US ties to open FDI doors wider for semiconductor industry: Intel

Upgraded Vietnam-US ties to open FDI doors wider for semiconductor industry: Intel

The Vietnam-U.S. comprehensive strategic partnership will generate more FDI opportunities for Vietnam’s semiconductor industry, especially in Ho Chi Minh City, Intel Products Vietnam general director Kim Huat Ooi tells The Investor.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

American businesses make strong progress in Vietnam

American businesses make strong progress in Vietnam

U.S. giants like Intel, Cargill, Nike, AES, Murphy Oil, First Solar, Boeing and Apple have made extensive investments in Vietnam since the two countries normalized their relations in 1995.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

President Biden’s Vietnam visit to witness deals worth billions of dollars

President Biden’s Vietnam visit to witness deals worth billions of dollars

A spate of deals and agreements potentially worth billions of U.S. dollars are poised to be announced during President Joe Biden’s two-day visit to Hanoi starting Sunday, Vietnam’s ambassador to the U.S. Nguyen Quoc Dung has told the press.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

President Biden’s visit set to catalyze high-quality investment in Vietnam

President Biden’s visit set to catalyze high-quality investment in Vietnam

The upcoming state visit by U.S. President Joe Biden to Hanoi is poised to beef up American investment in Vietnam as the two former war foes seek to elevate their diplomatic ties.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dutch chip suppliers weigh factory possibilities in Vietnam

Dutch chip suppliers weigh factory possibilities in Vietnam

Dutch suppliers to giant chipmaker ASML Holding are gauging reality in Vietnam, Singapore and Malaysia this week to build factories in the Southeast Asian markets.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sunny Optical prepares new $2.5 bln investment in Vietnam

Sunny Optical prepares new $2.5 bln investment in Vietnam

Sunny Optical Technology, a supplier to major smartphone brands worldwide, is poised to invest an additional $2.5 billion building a manufacturing complex in northern Vietnam, where the Chinese group has already invested $130 million in four operating plants.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viettel, Intel to cooperate in digital services, 5G, cloud

Viettel, Intel to cooperate in digital services, 5G, cloud

Military-run telecom group Viettel and global tech giant Intel have signed a memorandum of understanding (MoU) on network transformation strategies and joint innovations for 2023-2024, focusing on digital services, 5G, and cloud services.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai industrial developer Amata ramps up operations in Vietnam

Thai industrial developer Amata ramps up operations in Vietnam

Amata, Thailand’s biggest industrial developer, is set to expand in fast-growing Vietnam as part of its modified plans for 2023.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

US chip giant Synopsys ramps up design venture in Vietnam

US chip giant Synopsys ramps up design venture in Vietnam

Synopsys, Inc. is seeking to make Vietnam a hub to foster chip design engineers via its partnership with the Saigon Hi-Tech Park in Ho Chi Minh City, the country’s economic powerhouse.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam progresses as electronics manufacturing hub

Vietnam progresses as electronics manufacturing hub

Vietnam is emerging as Apple’s next production hub while other giant electronics makers are accelerating their buildup in the tech-savvy nation to diversify supply chains.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

AMD, Viettel collaborate in 5G network expansion

AMD, Viettel collaborate in 5G network expansion

World-leading chip maker AMD and Vietnamese tech giant Viettel have completed a 5G mobile network field trial deployment conducted by Viettel and powered by AMD chips.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Oregon State Governor visits Vietnam to promote trade

Oregon State Governor visits Vietnam to promote trade

Kate Brown, the Governor of Oregon in the U.S., is traveling to Vietnam for a one-week trade mission starting November 11, U.S. time.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Saigon Hi-Tech Park to prioritize semiconducting, renewables

Saigon Hi-Tech Park to prioritize semiconducting, renewables

Ho Chi Minh City’s key high-tech focused business park SHTP aims to become a smart technology hub, and the core of the interactive and innovative urban area in the city’s eastern part by 2030.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT, VinFast join global chip supply chain

FPT, VinFast join global chip supply chain

Vietnamese giants FPT and VinFast are entering the world's semiconductor industry amid a global shortage of this critical part in automobile and electronics manufacturing.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s global integration drives robust logistics growth

Vietnam’s global integration drives robust logistics growth

Vietnam’s efforts to deeply penetrate the global value chain and success in luring supply chain businesses are driving robust logistics industry growth and making it more attractive.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7