Ho Chi Minh City (VNA) – Intel ౠwill not close its Vietnam unit, said Pham An Duong, Marketi✅ng Director at Intel Vietnam, on September 28.
Duong refuted recent rumour that Intel Vietnam is completing procedures to end its operation, noting that the company is conducting personnel and operation restructuring for further development.
He told Vietnam News Agency reporters that the move is in line with the group’s restructuring roadmap which was announced in April this year, which included workforce cut at many of its units around the world.
Accordingly, Intel Vietnam will reduce its workforce by two thirds after September 30 and shift to IoT (Internet of Things) and data centre businesses, Duong said.
Intel Vietnam operates independently from Intel Products Vietnam, which is the largest within Intel’s assembly and test network.
Le Hoai Quoc, head of the management board of HCM City Hi-tech Park said the downsizing at Intel Vietnam does not affect Intel’s factory at the Hi-tech Park and the Intel Products Vietnam is operating normally.-VNA
Vietnam is a promising market, particularly in information technology and communications and its demand for cloud computing is increasing fast, said Intel Vietnam General Director Mai Sean Cang.
Intel Vietnam Ltd., Co. has introduced a programme to teach information technology (IT) on TV during 2012, aiming at universalising IT for the community.
The chip maker Intel Vietnam has been named one of the 11 finalists for the US Secretary of State’s prestigious Award for Corporate Excellence (ACE) this year.
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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Intel Vietnam (Photo:intel.vn)
