Vietnam contributes to helping Intel overcome the chip crisis

 Stable environment, young workforce put Vietnam on the global high-tech map, helping

According to Mr. Steve Long, Vietnam has become a favorite destination for foreign businesses, especially technology corporations like Intel. "A stable socio-political environment, increasingly liberalized trade and investment policies, and a young and talented workforce are some of the reasons why Vietnam is so attractive," he said.

Mr. Long said that Intel's presence in the manufacturing sector also contributed to putting Vietnam's name on the high-tech map. "Vietnam has the ability to set up the necessary infrastructure and policies to support advanced manufacturing activities," Long affirmed.

Intel Products Vietnam (IPV) is the largest assembly and inspection factory in the Intel network. With more than 2,800 employees and an investment of $1.5 billion, it is the largest American high-tech company in Vietnam. As of 2021, IPV ships more than three billion products to Intel customers worldwide after 15 years of operation.
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