Intel examines policies for new investment projects in Vietnam
VOV.VN - Intel Corporation has shown a keen interest in Vietnam’s recent policies, including the establishment the Investment Support Fund, to implement specific investment projects in the country.
This information was released by Sarah Kemp, vice president of Global International Government Affairs at Intel Corporation, during her meeting in Hanoi on April 2 with Deputy Minister of Finance Nguyen Thi Bich Ngoc.
During the reception, the Intel representative briefed her host on Intel's operations, its collaboration, and support for the Vietnam National Innovation Center (NIC) in 2025.
According to her, Intel Vietnam plays a significant role in the group's global value chain, and to date, the US tech giant has invested a total of US$1.5 billion into the country. In fact, between 60% and 70% of Intel's semiconductor products that are sold globally, are assembled, tested, and packaged in the country.
Furthermore, Sarah spoke highly of the Vietnamese Government's recent new policies, such as the Investment Support Fund, which offer great support for high-tech enterprises. She then expressed Intel’s desire to research these policies to deploy specific investment projects.
Meanwhile, Deputy Minister Nguyen Thi Bich Ngoc valued Intel's investment projects, especially its proactive approach to implementing the "AI for All" programme.
Ngoc expressed her hope that Intel would expand its investments in Vietnam and implement additional AI and semiconductor training schemes in the future.
With regard to high-tech incentive policies, the Deputy Minister stated that the Government of Vietnam has offered numerous incentives for high-tech projects as stipulated in the laws on Investment, corporate income tax, import-export tax, and others.
She affirmed that the Ministry of Finance is fully committed to providing the maximum support for Intel's high-tech projects in Vietnam whilst supporting the tech giant’s partnership in accelerating innovations and start-up, promoting semiconductor technology, and popularising AI in Vietnam.
Central city calls for investment from Intel, Marvell and Synopsys
The central city of Da Nang has called for cooperation and investment programmes from Intel, Marvell Technology Group and Synopsys in building the city into a global semiconductor manufacturing centre.
