Ho Chi Minh City (VNA) – Intel will not close its Vietnam unit, said Pham An Duong, Mꦆarketing Director at Intel Vietnam, on September 28.
Duong refuted recent rumour that Intel Vietnam is completing procedures to end its operation, noting that the company is conducting personnel and operation restructuring for further development.
He told Vietnam News Agency reporters that the move is in line with the group’s restructuring roadmap which was announced in April this year, which included workforce cut at many of its units around the world.
Accordingly, Intel Vietnam will reduce its workforce by two thirds after September 30 and shift to IoT (Internet of Things) and data centre businesses, Duong said.
Intel Vietnam operates independently from Intel Products Vietnam, which is the largest within Intel’s assembly and test network.
Le Hoai Quoc, head of the management board of HCM City Hi-tech Park said the downsizing at Intel Vietnam does not affect Intel’s factory at the Hi-tech Park and the Intel Products Vietnam is operating normally.-VNA
Vietnam is a promising market, particularly in information technology and communications and its demand for cloud computing is increasing fast, said Intel Vietnam General Director Mai Sean Cang.
Intel Vietnam Ltd., Co. has introduced a programme to teach information technology (IT) on TV during 2012, aiming at universalising IT for the community.
The chip maker Intel Vietnam has been named one of the 11 finalists for the US Secretary of State’s prestigious Award for Corporate Excellence (ACE) this year.
The IT chip maker Intel Products Vietnam Ltd hosted a fair at the Ho Chi Minh City Hi-tech Park (SHTP) on June 25 to seek more local suppliers to support its operations.
The World Wide Fund for Nature (WWF) and Intel Products launched a joint effort to restore habitats in the Lang Sen Wetland Reserve, with the goal of planting more than 12,000 native trees this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Intel Vietnam (Photo:intel.vn)
