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US recovery ripple effect for Vietnam 08:46 | 20/05/2021 Along with many nations, the US economy is recovering, leading to a rise in the demand for goods imported from Vietnam amid the two economies witnessing their heyday in bilateral trade and investment ties on the back of various motives, including a huge recently-enacted fiscal scheme initiated by the US government. Recent growth in Vietnamese exports is partly being helped by economic recovery in the US. Photo: Le Toan The rapid pace of vaccinations and massive scale of fiscal stimulus spending will push ...

One week ago, Intel (NASDAQ:INTC) unveiled its plan to turn around its troubled semiconductor business. In a reversal of past practice, Intel will begin unbundling semiconductor design from semiconductor manufacturing, and outsourcing more of its chip production abroad. Today, Intel further refined its plans to increase output both in-house and otherwise, and investors applauded. Intel stock is up 5.5% in response (as of 1:50 p.m. EST). Image source: Getty Images. So what So what exactly is Intel doing? As DIGITIMES reports, the company has recently invested $475 million in Intel Products Vi...

Intel Invests Additional $475 Million in Vietnam [Link]In January 2021, Intel Corporation announces that a further investment of $475 million in Intel Products Vietnam. The new investment is in addition to Intel's $1 billion investment to build a state-of-the-art chip assembly and test manufacturing facility in Saigon Hi-Tech Park, first announced in 2006. (Credit: Intel Corporation) What's New: Intel Corporation today announced it has invested a further US$475 million in Intel Products Vietnam (IPV). This new investment is in addition to Intel's US$1 billion investment to build a state-of-th...