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Intel pours another US$475 million into Vietnam


Chipmaker becomes largest US tech investor in the country
2 Feb 2021 | 
Nguyen Tuong Thuy
Intel has secured a licence to invest another US$475 million in Intel Products Vietnam, its single largest assembly and testing plant in the world. In November 2006 the US chipmaker announced a US$1 billion investment to build a 47,000-square-metre facility at the Saigon High Tech Park in District 9, Ho Chi Minh City.
Its Vietnam unit, also known as IPV, will use the latest funds to make 5G products, hybrid core processors, and 10th-generation core processors.
With a total investment of US$1.5 billion to date, Intel has become the biggest US high-tech investor in the Southeast Asian country, creating over 5,000 highly skilled jobs since it started operations in October 2010. ....

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SEACEF to invest in Vietnam wind power


Levanta Renewables seeks to open new energy development corridors in Central Highlands region
27 Jan 2021 | 
Michael Marray
South East Asia Clean Energy Facility (SEACEF) has finalized an investment facility with Levanta Renewables, which has a portfolio of development projects in Vietnam. This was announced on January 19 by Clime Capital, the Singapore-based investment management company focused on accelerating the low-carbon transition in Southeast Asia.
The investment is being made in a portfolio of three early-stage onshore wind power projects, with a combined capacity of around 330MW.
Levanta Renewables’ projects are mostly located in Vietnam’s Central Highlands region. Wind power developments in this region promise to open new wind corridors with more modest wind speeds and better transmission access. ....

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