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Intel builds factory in Vietnam

Published On 1st March 2006 @ 17:12 In Breaking News, Business | No Comments

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”.


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