IPV is the largest assembly and test manufacturing facility in the Intel assembly and test network. It has more than 2,700 employees and serves customers around the world. IPV is one of 10 manufacturing sites that Intel has globally and remains the largest US high-tech investment in Vietnam. … [Read more...] about Intel injects additional $475 million into Vietnam facility
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Finance sector contributes decisively to national achievements: Official
Over the next five years, the sector will focus on completing and synchronously implementing policies on pricing, State finance, corporate finance, accounting, auditing, administrative reform, applying achievements from the Fourth Industrial Revolution, and allocating financial resources in accordance with market signals. The sector will also give priority to attracting foreign investment, shifting from extensive investment to intensive investment, and fully implementing previous and new free trade agreements. Dung said the finance sector will effectively implement the principle of spending within financial capacity and borrowing within repayment ability, and work to complete a database on revenues, expenditures, public debts, and public assets, while improving the efficiency of public financial management and administration at both the macro and micro scale, and promoting openness and transparency, as well as intensifying the fight against corruption and wastefulness. The … [Read more...] about Finance sector contributes decisively to national achievements: Official
Lao newspapers cover opening of 13th National Party Congress
Vientiane (VNA) - Major newspapers in Laos have published articles highlighting the opening ceremony of the 13th National Congress of the Communist Party of Vietnam (CPV). The Pasaxon (People’s) Newspaper wrote on January 27 that the opening ceremony of the 13th National Congress of the CPV was held solemnly on January 26 with the attendance of 1,587 delegates representing over 5.1 million Party members nationwide, under the chair of 17 members of the Presidium. It stressed that the congress has the theme “Strengthening the building and rectification of the Party and the political system into purity and strength; rousing the will and determination for national development and promoting the strength of the great national unity bloc in combination with the power of the era; continuing to comprehensively and synchronously accelerate the cause of reform; constructing and firmly safeguarding the Fatherland and maintaining a peaceful and stable environment; and striving to … [Read more...] about Lao newspapers cover opening of 13th National Party Congress
Intel channels additional 475 million USD into Vietnam
HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam
National development measures proposed at 13th National Party Congress
Hanoi (VNA) – Twelve delegates delivered their ideas on how to boost national development in the next five years during a discussion session at the hall on January 27 morning as part of the 13th National Party Congress. Tran Thanh Man, Secretary of the Party Central Committee and President of the Vietnam Fatherland Front (VFF) Central Committee, presented a report on promoting the strength of the great national unity and reforming the content and methods and increasing the quality of activities of the VFF and socio-political organisations. Phan Van Giang, member of the Party Central Committee, Deputy Minister of National Defence and Chief of the General Staff of the Vietnam People’s Army, spoke about how to consolidate and strengthen the all-people defence posture, and continue building a revolutionary, regular, élite and modern people’s army. Politburo member and Minister of Public Security To Lam presented his views on building a clean and strong public … [Read more...] about National development measures proposed at 13th National Party Congress