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An overview of Intel Factory in Ho Chi Minh City's Saigon High-Tech Park (Source: baodautu.vn)

HCM City welcomes new wave of US investments

The continuous influx of investment proposals from US technology corporations is a positive signal, demonstrating HCM City’s strong appeal to high-quality capital, especially in technology and real estate sectors.
Yarn production at the Logitex Co. Ltd in the Vu Ninh Industrial Cluster, Thai Binh province (Photo: VNA)

🔯 FDI fuels Vietnam’s momentum to reach double-digit economic growth

According to the General Statistics Office (GSO), Vietnam secured 38.23 billion USD in FDI last year, positioning itself among the top 15 developing countries for FDI inflows. Notably, the disbursement of FDI capital hit a record high of 25.35 billion USD, up 9.4% from the previous year. The influx has contributed significantly to Vietnam's position as a regional leader in economic growth.
Production of “Made in Da Nang” tablets with a localisation rate of nearly 60% at the Trung Nam EMS factory in the Da Nang IT Park. (Photo: VNA)

🧔 Greater efforts needed to boost semiconductor industry’s growth

Minister of Planning and Investment Nguyen Chi Dung, who is also deputy head of the National Steering Committee for Semiconductor Industry Development, emphasised that the committee will continue to settle difficulties and bottlenecks to turn the semiconductor industry into a major driver of Vietnam’s growth in the new era.
Vietnamese Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang (Photo: VNA)

Game-changing development for Vietnam in AI era

The Philippines newspaper, the Manila Times on December 10 highlighted that the Vietnamese government's agreement with NVIDIA to establish an Artificial Intelligence (AI) research and development (R&D) centre, recognising that it’s “a game-changing development for Vietnam in the era of artificial intelligence.”
Prime Minister Pham Minh Chinh (fourth, from right), and President and CEO of NVIDIA Jensen Huang at the ceremony to announce the cooperation agreement between the Government of Vietnam and the US chip giant. (Photo: VNA)

⛦ Vietnamese Government, US chip giant NVIDIA sign cooperation agreement

Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang on December 5 witnessed the signing of an cooperation agreement between the Government of Vietnam and the US chip giant on the establishment of an artificial intelligence (AI) research and development centre and an AI data center in Vietnam.
Some wafer samples of FPT Semiconductor, an affiliate of Vietnamese conglomerate FPT (Photo: VNA)

𒆙 Vietnam - US semiconductor cooperation gains steam

The Vietnam - US relations are said to have undergone a fast path over the last three decades. As economic links are considered a highlight of their relations, semiconductor cooperation is emerging as a field both are strongly promoting.
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