US urged to recognize Vietnam as a market economy
The US expresses its strong support for Vietnam's development in high-tech sectors, energy transition, climate change adaptation, and dealing with the legacy of war.
The US expresses its strong support for Vietnam's development in high-tech sectors, energy transition, climate change adaptation, and dealing with the legacy of war.
Kim Huat Ooi, Vice President of Manufacturing, Supply Chain and Operations and General Manager of Intel Products Vietnam, spoke to The Hanoi Times about Vietnam's semiconductor ambitions and Intel's contribution to making the country a global manufacturing and R&D hub.
Vietnam's efforts and achievements in safeguarding human rights, including ensuring freedom of religion and belief, have recently been internationally acknowledged.
The upgraded relationship means that the bilateral cooperation is not only expanding but also deepening and becoming more substantial, not only for the two countries but also with regional and global implications.
Vietnam is shaping a semiconductor strategy until 2030, with a vision to 2035. It emphasizes active participation in the regional semiconductor ecosystem and attracting global business investments.
President Vo Van Thuong's bilateral activities in the US aim to realize cooperation agreements, which the leaders of both countries initiated during President Joe Biden's visit to Vietnam in September.
Such a project would present a valuable opportunity to contribute to the development of Hanoi, Vietnam, and the broader Vietnam-US relations.
US Secretary of Commerce Gina Raimondo pledged to push for the swift recognition of Vietnam's market economy status.
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FPT anticipates the creation of 3,000 additional jobs by 2028 and $1 billion in US market sales by 2030.