The Asia Foundation

The Asia Foundation
Addressing the Critical Issues Facing Asia - 60 Years
Bookmark and Share

Intel Opens its Largest Plant and Creates Investment Center in Vietnam

November 1, 2010 — An article in The Sunday Business Post (Ireland) discusses Intel opening its largest plant in Vietnam, highlighting the emergence as an investment center for multinationals. The new Intel plant shows that, for western businesses seeking to invest in Asia, there are alternatives to China. The Asia Foundation’s Kim Ninh is quoted as saying, “Crucial legal reforms embodied in such laws as the Enterprise Law, the Land Law, and the Investment Law have further spurred economic development, encouraging the emergence and growth of market activities, the private sector and foreign investment in a country long governed by central planning.’’ Read the full article: “Intel deal highlights Vietnam’s rise.”

Related news:
Bookmark and Share
  • Facebook
  • Twitter
  • Google+
  • YouTube
  • Flickr
  • Instagram
  • RSS Feeds