{"id":39897,"date":"2023-02-09T06:44:47","date_gmt":"2023-02-09T06:44:47","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/09\/vietnam-government-backtracks-on-intel-investment-news-the-register\/"},"modified":"2023-02-09T06:46:12","modified_gmt":"2023-02-09T06:46:12","slug":"vietnam-government-backtracks-on-intel-investment-news-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/09\/vietnam-government-backtracks-on-intel-investment-news-the-register\/","title":{"rendered":"Vietnam government backtracks on Intel investment news \u2022 The Register"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<\/p>\n<div id=\"body\">\n<p>The Vietnam authorities seems to have jumped the gun by asserting a possible $3.3 billion funding by Intel.<\/p>\n<p>On Tuesday, the federal government of Vietnam reported 2023 overseas direct funding within the nation\u2019s capital, Ho Chi Minh Metropolis, had reached $7.4 billion. Within the announcement, metropolis official Pham Tuan Anh indicated the $7.4 billion determine was contingent on the success of a multi-billion greenback take care of Chipzilla, plus a extra steady socio-economic and inflation state of affairs.<\/p>\n<p>The subsequent morning, written mentions of Intel had disappeared from the positioning and overseas direct funding totals had been diminished \u2013 to between $4.1 and $4.5 billion.<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"condor\" data-xsm=\",fluid,mpu,\" data-sm=\",fluid,mpu,\" data-md=\",fluid,mpu,\">\n        <noscript><br \/>\n            <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_onprem\/systems&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=2&amp;c=2Y@SWXsZpcPKClMGHKgP4JwAAANA&amp;t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_onprem\/systems&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=2&amp;c=2Y@SWXsZpcPKClMGHKgP4JwAAANA&amp;t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0\" alt=\"\"\/><br \/>\n            <\/a><br \/>\n        <\/noscript>\n    <\/div>\n<p>Nonetheless, a photograph of Ho Chi Minh&#8217;s Intel facility remained within the <a target=\"_blank\" href=\"http:\/\/kinhtetrunguong.vn\/web\/guest\/thong-tin-dia-phuong\/tphcm-du-kien-thu-hut-4-5-ty-usd-von-fdi-trong-nam-2023.html\" rel=\"noopener\">announcement<\/a> posted on the nation&#8217;s Central Financial Fee web site.<\/p>\n<div class=\"CaptionedImage Border width_85\"><a href=\"https:\/\/regmedia.co.uk\/2023\/02\/09\/ho_chi_minh_intel_facility.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/regmedia.co.uk\/2023\/02\/09\/ho_chi_minh_intel_facility.jpg?x=648&amp;y=402&amp;infer_y=1\" alt=\"Ho_Chi_Minh_Intel_Facility\" title=\"Ho_Chi_Minh_Intel_Facility\" height=\"402\" width=\"648\"\/><\/a><\/p>\n<p class=\"text_center\">Ho Chi Minh Intel facility \u2013 Click on to enlarge<\/p>\n<\/div>\n<p>The power is situated in <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2021\/07\/15\/vietnam_electronics_factory_closures_covid\/\" rel=\"noopener\">Saigon Hi-Tech Park<\/a> and commenced manufacturing in 2010. It is Intel&#8217;s largest chip packaging and testing manufacturing unit and represents an funding of $1.5 billion.<\/p>\n<p>The $7.4 billion greenback determine \u2013 and involvement of Intel \u2013 had been nonetheless <a target=\"_blank\" href=\"https:\/\/doanhnghiepkinhtexanh.vn\/tphcm-du-tinh-thu-hut-von-dau-tu-fdi-nam-2023-uoc-dat-74-ty-usd-a13236.html\" rel=\"noopener\">included<\/a> on different Vietnamese information websites that reported the preliminary announcement.<\/p>\n<p>Intel supplied the next remark to each <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/vietnam-intel\/refile-vietnam-amends-statement-on-target-for-big-new-intel-investment-idUKL4N34O0RZ\" rel=\"noopener\">Reuters<\/a> and <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-02-08\/vietnam-courts-intel-for-new-3-3-billion-investment-in-country\" rel=\"noopener\">Bloomberg<\/a>:<\/p>\n<p>In accordance with Bloomberg, Intel met with authorities officers relating to the $3.3 billion funding and indicated that it might be utilized to the Saigon Hello-Tech Park facility.<\/p>\n<p>Vietnam&#8217;s authorities may be very eager to safe extra overseas funding to spice up exports and money in on producers&#8217; need to diversify provide chains past China. Intel has been some of the distinguished tech corporations to spend money on Vietnam and like Samsung, one other big that is guess on Vietnam, is commonly cited by the nation&#8217;s authorities as a case research.<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"falcon\" data-xmd=\",fluid,mpu,leaderboard,\" data-lg=\",fluid,mpu,leaderboard,\" data-xlg=\",fluid,billboard,superleaderboard,mpu,leaderboard,\" data-xxlg=\",fluid,billboard,superleaderboard,brandwidth,brandimpact,leaderboard,mpu,\">\n            <noscript><br \/>\n                <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_onprem\/systems&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y@SWXsZpcPKClMGHKgP4JwAAANA&amp;t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_onprem\/systems&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y@SWXsZpcPKClMGHKgP4JwAAANA&amp;t=ct%3Dns%26unitnum%3D426raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" alt=\"\"\/><br \/>\n                <\/a><br \/>\n            <\/noscript>\n        <\/div>\n<p>Whereas Vietnam rolls out the welcome mat to overseas corporations, it additionally launched a digital providers tax to make sure that e-commerce operations pay tax on gross sales made inside its borders. Vietnam&#8217;s authorities final week <a target=\"_blank\" href=\"https:\/\/en.baochinhphu.vn\/viet-nam-collects-us767-million-in-taxes-from-foreign-service-providers-111230130143304813.htm\" rel=\"noopener\">announced<\/a> the primary 12 months of the tax netted earned public coffers $76.7 million. \u00ae<\/p>\n<\/p><\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/go.theregister.com\/feed\/www.theregister.com\/2023\/02\/09\/vietnam_government_intel_investment_confusion\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Vietnam authorities seems to have jumped the gun by asserting a possible $3.3 billion funding by Intel. On Tuesday, the federal government of Vietnam&#8230;<\/p>\n","protected":false},"author":1,"featured_media":39898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-39897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vietnam government backtracks on Intel investment news \u2022 The Register - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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