US chip giant Nvidia delegation discusses AI, semiconductor cooperation with Vietnam
Executives from U.S. chip and Artificial Intelligence (AI) giant Nvidia led by vice president Keith Strier are in Vietnam to explore investment opportunities in AI and semiconductors.
The visit comes after the Vietnam trip last December by chairman and CEO Jensen Huang, who expressed interest in expanding operations in a country that is eager to develop the fledgling semiconductor industry.
Strier had a working session with Minister of Planning and Investment Nguyen Chi Dung on Monday during which the former was briefed on Vietnam’s strategy for the development of the semiconductor industry and AI; semiconductor workforce training; and initiatives for high-tech, semiconductor, and AI investments.
Nvidia vice president Keith Strier (right) meets with Minister of Planning and Investment Nguyen Chi Dung in Hanoi, April 22, 2024. Photo courtesy of Dau Tu (Investment) newspaper.
Following the meeting, the Nvidia delegation toured the National Innovation Center located in the Hoa Lac Hi-Tech Park on the outskirts of Hanoi.
During the visit, the delegation is scheduled to work with other government agencies, localities, and businesses. They will also explore investment opportunities in semiconductors and AI in Hanoi, the central city of Danang, and Ho Chi Minh City.
On the agenda, they will assess conditions to set up an AI research, development, and training center; install a supercomputer system; and shift part of Nvidia's graphics processing unit production to Vietnam.
In HCMC, they will meet with officials from the Saigon Hi-Tech Park, National University-HCMC, CMC Corporation, and city chairman Phan Van Mai to discuss semiconductor investment.
During his December visit, Jensen Huang said Nvidia planned to set up a base in Vietnam to attract talents from around the world, establish a legal entity, and make the country its “second home.”
- Read More
Korean textile maker Panko Vina to shut Vietnam operations from Feb
Panko Vina Co Ltd, a South Korean textile manufacturer, will cease all production and business operations in Vietnam from February 1, 2026, ending more than 23 years of operations in the country.
Companies - Wed, December 24, 2025 | 9:13 pm GMT+7
Vietnam's garment giant Vinatex posts second-highest profit in 30 years despite trade headwinds
Vietnam National Textile and Garment Group (Vinatex), the country's top garment maker, expects consolidated profit to reach VND1,355 billion ($51.5 million) in 2025, the second-highest result in its 30-year history, despite mounting global trade and cost pressures on the industry.
Companies - Wed, December 24, 2025 | 5:03 pm GMT+7
Finding a new balance
The State Bank of Vietnam's proactive and flexible monetary policy in 2026 is expected to maintain market operations within a stable range. For businesses, particularly those in the external sector, it remains essential to proactively hedge against exchange rate and interest rate risks to protect their bottom line, writes Vu Binh Minh, associate director, FX Trading, MSS, HSBC Vietnam.
Consulting - Wed, December 24, 2025 | 4:47 pm GMT+7
Thai giant Central Retail sells Vietnam electronics business to Pico for $36 mln
Thailand’s Central Retail has announced the sale of its Vietnamese electronics retail business to local retailer Pico Holdings JSC for nearly THB1.14 billion ($36 million), as it sharpens its focus on core businesses in the country.
Companies - Wed, December 24, 2025 | 2:00 pm GMT+7
What should investors reasonably expect from IPO stocks?
Experience from both Vietnam and global markets shows that initial public offering (IPO) stocks rarely deliver immediate gains. However, investors who select companies with solid fundamentals and maintain a long-term holding strategy can be rewarded for their patience.
Finance - Wed, December 24, 2025 | 10:45 am GMT+7
Vingroup completes $325 mln overseas bond issuance
Vingroup, Vietnam's biggest listed company by market capitalization, has completed its international issuance of bonds totaling $325 million, with a 5-year maturity, and listed on Austria's Vienna Stock Exchange.
Finance - Wed, December 24, 2025 | 10:17 am GMT+7
Vietnam's public investment-linked stocks seen benefiting in 2026
Capital flows in 2026 are expected to favor sectors that stand to benefit from Vietnam’s public investment drive, including infrastructure, energy, and construction, market experts said.
Finance - Wed, December 24, 2025 | 9:33 am GMT+7
High gold prices to drive prices of property, goods in Vietnam: Sunhouse chairman
In a scenario where gold prices remain elevated in Vietnam, the real estate market is likely to follow suit, pushing income levels higher and driving up prices across other goods, said Nguyen Xuan Phu, chairman of Sunhouse, a leading home appliance manufacturer, while outlining his 2026-2030 forecast.
Economy - Wed, December 24, 2025 | 8:00 am GMT+7
Malaysia’s economy grows robustly in 2025: IMF
Malaysia has shown notable resilience amid global trade tensions and policy uncertainty, with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global upcycle in the technology sector, according to Masahiro Nozaki, Mission Chief for Malaysia at the International Monetary Fund (IMF).
Southeast Asia - Tue, December 23, 2025 | 10:07 pm GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Tue, December 23, 2025 | 10:04 pm GMT+7
Indonesia faces challenge of balancing wages, labor costs
Indonesia plans to raise minimum wages by about 5-7% in 2026 under a new formula signed into law by President Prabowo Subianto, a move that could test the country’s cost competitiveness in Southeast Asia.
Southeast Asia - Tue, December 23, 2025 | 10:00 pm GMT+7
Philippines extends sugar import ban
The Philippine Government has decided to extend its ban on sugar imports until the end of December 2026, as domestic supply has improved.
Southeast Asia - Tue, December 23, 2025 | 9:56 pm GMT+7
Duc Giang Chemical stock comes under heavy selling pressure as bottom-fishing shares return
DGC shares of Duc Giang Chemical Group JSC (DGC) closed Tuesday at VND71,600 apiece, down 4% from Monday which saw a 6.27% increase after four sessions of sharp declines last week.
Companies - Tue, December 23, 2025 | 9:49 pm GMT+7
Hanoi clears zoning for major mall project after Aeon exit, Thaco arm steps in
Hanoi authorities have approved a detailed zoning plan for an 8.03-hectare mixed-use site in Hoang Mai district, paving the way for a shopping mall-led development after Japan’s Aeon withdrew and a unit of Vietnam’s Thaco Group moved in.
Real Estate - Tue, December 23, 2025 | 5:05 pm GMT+7
Viettel Commerce partners with China’s Dreame Technology to expand home appliance ecosystem in Vietnam
Viettel Commerce and Import-Export Co. Ltd., one of the core pillars in trade and logistics of the military-run telecom giant Viettel, has signed a strategic cooperation agreement with China-based Dreame Technology, a global high-end technology brand, in Hanoi.
Companies - Tue, December 23, 2025 | 3:38 pm GMT+7
Former LPBank chairman becomes acting Sacombank CEO
Former chairman of Vietnamese private lender LPBank Nguyen Duc Thuy on Tuesday assumed the role of acting CEO at Sacombank, immediately after completing the handover at LPBank.
Banking - Tue, December 23, 2025 | 3:30 pm GMT+7




















