The Vietnamese Prime Minister suggests Intel continue to expand investment and production in Vietnam, in the direction of high technology and clean technology application.
Intel will continue to scale up its investment in Vietnam, Patrick Gelsinger, CEO of Intel Corporation said at a reception hosted by Prime Minister Pham Minh Chinh on May 27.
Patrick Gelsinger, CEO of Intel Corporation (L) and Prime Minister Pham Minh Chinh. Photo: quandoinhandan.vn |
The CEO assessed Vietnam as an attractive destination for investors thanks to a dynamic economy, potential market and many cooperation opportunities in areas that Intel has strengths such as manufacturing, research and development.
Gelsinger thanked the Vietnamese Government for supporting the company to develop in Vietnam in the past time and hoped Intel and other high-tech enterprises would receive more supports to do business effectively in Vietnam. The US firm has been investing in Vietnam for 15 years.
For his part, Prime Minister Pham Minh thanked Intel for trusting Vietnam's investment environment and deciding to expand business in Vietnam, participating in the process of building the digital economy and society in Vietnam, in line with Vietnam's development priorities and the relationship between Vietnam and the US.
The Prime Minister suggested that Intel continue to invest in Vietnam, not only for expanding production but for in-depth investment, in line with the policy of the Vietnamese Government of attracting investment in high technology and clean technology, thereby, contributing to the development of digital economic infrastructure with high-quality human resources.
The Prime Minister asked the US firm to support Vietnam in developing an ecosystem of innovation, start-ups, and increase labor productivity, build a basic research center for long-term business in Vietnam; helping Vietnam diversify its supply chains.
The Vietnamese government stands ready to support companies, including foreign-invested enterprises like Intel, to conduct business effectively in Vietnam, he underlined.
Other News
- Training: key to enhancing competitiveness of Vietnam's tourism workforce
- Cooperation and investment: key to effective tourism promotion in Vietnam
- IT training urged to focus on semiconductors
- Hanoi Great Souvenir Fair 2024 to take place next week
- As orders rise, Vietnamese textile firms see better prospects in 2024
- C.bank to auction nearly 17,000 gold taels on April 22
- Trade ministry proposes purchasing renewable electricity mechanisms without EVN’s involvement
- Australia and Vietnam develop competitive electricity markets
- Vietnam, Thailand advance realization of “Three Connections” strategy
- Vietnamese Gov’t to expand list of electricity buyers under direct power agreement scheme
Trending
-
Hanoi flowers on postage stamps
-
Hanoi Times Podcast - Apr. 27
-
Cooperation and investment: key to effective tourism promotion in Vietnam
-
Affordable, quality tours offered at Hanoi Tourism Festival 2024
-
Introduction of community tourism area in Hanoi herb kingdom
-
Capital Law revision helps Hanoi promote role as nation’s socio-economic hub
-
IT training urged to focus on semiconductors
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality