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Intel confirms long term investment in Vietnam
08/Feb/2010 Intellasia | Lao Dong
8 Feb, 2010 - 11:06:09 AM
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Vice chair of US Intel Group, Shelly Esque visited Vietnam to prepare for the inauguration of a factory in Vietnam. She in a statement said that Intel's investment in Vietnam showed the group's faith in the country's economic development roadmap.
In her point of view, Vietnam is a highly potential country and a safe and ideal investment destination.

Intel marked the presence in HCM City in 1997 and successfully carried out many projects. The group announced the investment of $600 million on building the chipset installation and appraisal factory in February 2006 and increased capital size to $1 billion in November 2006. This is the first $1 billion high tech project and the biggest project of US in Vietnam so far. When reaching the maximum capacity, the factory will use 4,000 workers and earn an estimated turnover of $5-6 billion.

Community support programmes of Intel aim to the young labour force and enterprises to access Information Technology, such as the programme "May Tinh Thanh Giong" (2004), WiMAX test-run in Lao Cai province (2006) and others.





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