VOV.VN - With the total export value of Intel Vietnam factory reaching 50 billion over the past decade, it is anticipated to export a further three billion products by the end of the year.

Intel had poured an additional US$475 million into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Director of Finance Alan Danner said on January 27.

VOV.VN - Despite the local economy facing up to the various challenges brought about throughout the course of the year and many industries suffering negative growth, the export sector has remained resilient and has recorded stellar gains at an estimated figure of over US$44 billion.

VOV.VN - Vietnam has become the 27th largest export market and 16th largest trading partner of the United States, while two-way trade turnover has increased by nearly 170 times from a figure of US$450 million in 1994, to approximately US$76 billion in 2019.

VOV.VN - After pouring a sum of US$1 billion into a local factory, Intel will continue its investment into the nation over the coming years, said Kim Huat Ooi, vice president and general director of Intel Products Vietnam Co., Ltd.