Considering that Intel had a very bad year, that his profit has rise with only 13%, and his revenues with 6%, while AMD’s more then doubled, it is interesting to see that they are still expanding. They will soon build a factory in Vietnam, in the Saigon Hi-Tech Park, factory that will allow Intel to hire around 1200 people.

This thing surely makes the Vietnamese officials happy, as this will increase the country’s portfolio as a hi-tech country. Like the other countries in the SE Asia (China, Malaysia and Philippines), Vietnam benefits from Intel development plans.

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Seems that Intel has big plans for Vietnam, since it will try to provide computers for a training program for the Vietnamese teachers and to create wireless networks for the rural zones.

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The things that are pointed and make Vietnam a less “desired� country are the poor infrastructure, too much bureaucracy and widespread corruption. Maybe when all this will be solved and the negotiations with World Trade Organization are completed, they will become a powerful hi-tech zone. Till then, they will remain as a country logging for foreign investments, like Intel and other mutants.

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Here is what the Vietnamese Prime Minister declared for BBC:

“We will do our utmost to create all the most favorable conditions possible so that projects like Intel will be successful”.