VOV.VN - The semiconductor industry is currently flourishing globally, and Vietnam is required to make the best preparations possible to attract multi-billion dollar FDI projects in this field, reports Cong Thuong (Industry and Trade) newswire.

VOV.VN - Nikkei Asia of Japan has published an article stating that United States Treasury Secretary Janet Yellen’s trip to Vietnam underlines Vietnam's rise as a hub for manufacturing semiconductors, vehicles, and other products is good for the US.

VOV.VN - The Government is likely to submit to the National Assembly this October a draft policy relating to the global minimum tax which is scheduled to take effect on January 1, 2024 globally, said Dang Ngoc Minh, deputy head of the General Department of Taxation under the Ministry of Finance.

Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper.

Ho Chi Minh City authorities have actively collaborated with local businesses to strengthen trade promotion activities, aiming to promote the export of mechanical and digital technology products and electrical equipment, which are of strengths of the southern economic hub.

VOV.VN - Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia as opposed to China amid ongoing political tensions between Beijing and the West, according to details provided by Reuters.

VOV.VN - The country has the potential to become the world's new production base in the current global supply chain transformation, according to Dr. Ho Quoc Tuan, senior lecturer at University of Bristol (UK).

The electronics industry has seen good progress in recent years, accounting for about 18% of the total industrial production value and more than 30% of the total export revenue of the country.

VOV.VN - Intel Corp is in the process of considering a significant increase in its existing US$1.5billion investment in the nation as it seeks to expand its chip testing and packaging plant in the Vietnamese market, two sources familiar with the matter told Reuters.

VOV.VN - Tax incentives, low labour costs, along with plenty of other favourable policies can be considered the primary reasons why a number of global technology giants have chosen Vietnam as their base for production.