PM visits Sillicon Valley tech giants
Prime Minister Pham Minh Chinh on May 17 (US time) visited tech giants Intel, Apple and Google in Silicon Valley as part of his US visit.
Foreign investors outdo local firms in exporting goods
Total export turnover in the first quarter of 2022 reached US$88.58 billion, up 12.9 percent over the same period last year proving enterprises’ great efforts in recovering the economy. However, along with the above excitement, Many Vietnamese businesses are worried when foreign firms outdo local firms in exporting goods and service.
Enterprises strive to resume export orders
Despite the complicated developments of the Covid-19 pandemic, the export turnover of Vietnam still achieved positive results of US$27 billion in September, down 0.8 percent compared to the previous month and 0.6 percent year-on-year. As soon as Ho Chi Minh City gradually reopens, many enterprises accelerate export activities.
Intel Products Vietnam increases value of high-tech investment SHTP
At a meeting with businesses in early 2021, the Management Board of the Saigon High-Tech Park (SHTP) set out the goal of becoming a major contributor to the export turnover of Ho Chi Minh City. Specifically, by 2025, SHTP will strive to achieve about US$30 billion of export value, and domestic added-value will reach more than 35 percent. On this occasion, Intel Corporation also announced to invest another $475 million in the Intel Products Vietnam (IPV) factory, sending its total investment to nearly $1.5 billion.
Domestic electronic enterprises unable to develop
In recent years, electronics industry has always been among top ten industries with highest export proportion of tens of billions US dollars annually. However, this ‘piece of cake’ mostly belongs to foreign direct investment (FDI) enterprises.
HCMC striving to attract scientific-technological human resources
Established in 2014, the policy of Ho Chi Minh City (HCMC) to draw human resources in the field of science and technology has been long implemented, achieving certain positive results. At present, the city is accommodating a large number of scientists and scholars to teach in educational institutes as well as carrying out their own research for a smarter and more innovative HCMC.
WWF & Intel join in restoring Forests & ensuring livelihoods in Lang Sen
After the joint efforts in reforesting part of Lang Sen wetland with more than 12,000 trees in 2016, Intel Products Vietnam (Intel) and WWF continue the partnership in restoring wildlife habitats and ensuring livelihoods for local people in Lang Sen Wetland Reserve (LSWR), Long An Province, by planting an additional 7,000 trees at the end of 2017. On December 4, 270 Intel volunteers joined in the reforestation activities with the LSWR and local community.