Business

Central city calls for investment from Intel, Marvell and Synopsys

The central city of Da Nang has called for cooperation and investment programmes from Intel, Marvell Technology Group and Synopsys in building the city into a global semiconductor manufacturing centre.
Central city calls for investment from Intel, Marvell and Synopsys ảnh 1Da Nang city's representatives share a photo session with Intel's leadership at an investment promotion programme in the US. Da Nang called for investment from Intel in the city. (Photo courtesy of Vo Hoang Phuc)
Da Nang (VNS/VNA) - The central city of Da Nang hascalled for cooperation and investment programmes from Intel, Marvell TechnologyGroup and Synopsys in building the city into a global semiconductormanufacturing centre.

After an investment promotion visit to the US last week, a sourcefrom the city’s leadership stressed that Da Nang would offer the mostfavourable conditions for investors and businesses from the US working in thefields of semiconductor and AI technology.

Gilberto Vargas, vice president, general manager of Datacenter& AI Sales and Marketing of Intel, said Vietnam and Da Nang were seen asattractive investment destinations with young labour forces.

He said Intel Products Vietnam was one of the world’s four largestassembly and tester plants, and that Vietnam had been listed in the Intel’sDigital Readiness Programme in the world that concentrated in the US, Germany, theRepublic of Korea and Vietnam (Vietnam is the only developing country).

The world technology leader had been universalising AI inpromoting the ‘Siliconomy’ in the world, he said.

Secretary of the municipal Party Committee Nguyen Van Quang said DaNang had been luring investors in semiconductor by emphasising potential humanresources, information technology infrastructure and digitalisation, as well asadministration reform.

Quang offered an invitation to Intel’s leaders for detailed planson cooperation development of AI for the future.

He also asked Intel to support Da Nang in building thehigh-performance computer centre in the central city to serve semiconductormanufacturer and tester programmes in the coming years.

In working sessions with Marvell Technology Inc and Synopsyselectronic design automation company, the city’s leader also called forexpansion of operations in Da Nang from the two technology businesses.

Marvell's Chief Administration and Legal Officer Mitch Gaynor saidit had established two offices in Ho Chi Minh City with 300 employees, and thecompany would review opening the country’s third office in Da Nang in the visitin January 2024.

Meanwhile, Synopsys is operating four offices in HCM City and DaNang with 500 engineers, and Synopsys had inked a Memorandum of Understandingwith Da Nang in human resource development in semiconductors.

Da Nang also urged Synopsys to support partnership connections onintegrated circuit design engineer certification in the near future.

Earlier, Da Nang organised investment promotion programmes inFukuyama and Hiroshima, Japan, and with investors from Silicon Valley in healthcare, hi-tech industries, Artificial Intelligence (AI), education, real estateand automation at Da Nang Hi-tech Park and IT Park.

Universal Alloy Corporation, a leading global manufacturer ofaircraft components for aerospace companies from the US, began manufacturingaircraft components at the Da Nang Sunshine Aerospace./.
VNA
#Da Nang #US #Intel #Marvell Technology #Synopsys #semiconductor #Artificial Intelligence #Da Nang Hi-tech Park #information technology #updated Vietnam news #Vietnamplus #Vietnam News Agency Da Nang United States
Follow VietnamPlus

Related News

Hung Yen calls for US investment in diverse areas

Hung Yen calls for US investment in diverse areas

The northern province of Hung Yen has held an investment promotion conference in San Francisco city to call for local firms’ investment to areas of green growth, high technology, emission reduction, and farm produce sale.
Hai Phong, US port authority step up cooperation

Hai Phong, US port authority step up cooperation

Secretary of the Party Committee of the northern port city of Hai Phong Le Tien Chau had a working session with the Port Authority of New York and New Jersey (PANYNJ) on November 20 as part of his trip to the US for the APEC Leaders’ Week.

See more

Hoa Phat Wharf inside the Dung Quat Economic Zone (Photo: VNA)

Dung Quat EZ, Quang Ngai IPs draw nearly 19.4 bln USD

The Dung Quat Economic Zone and Quang Ngai industrial parks have so far attracted 441 projects worth around 19.4 billion USD, according to the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA).

The Kim Long Motor Hue factory (Photo: VNA)

Hue courts capital to turn industrial zones into growth engine

The economic and industrial zones in Hue city host more than 200 active investment projects worth over 152 trillion VND (5.84 billion USD), with 139 already operational. Since the start of 2026, they have generated about 32 trillion VND, contributed 4.2 trillion VND to the state budget and brought in 730 million USD in exports, while employing more than 46,000 workers.

Processing cashew nuts for export at Nguyen Thong Co., Ltd. in Dak Lak province. (Photo: VNA)

Vietnam’s exports to New Zealand post strong growth

According to the Customs Department, two-way trade reached 844 million USD in the first half of 2026, of which Vietnam’s exports to New Zealand totaled 399.7 million USD, up 18.8% year-on-year, while imports stood at 444 million USD.

Starting from September 2026, agricultural products from the Mekong Delta are expected to be transported directly from Cai Cui Port to Guangxi, China. (Photo: VNA)

Investing in logistics to boost agricultural production and exports

Logistics is increasingly becoming a major bottleneck for exports as transport costs rise and requirements for data management, low emissions and supply chain transparency become more stringent, requiring coordinated investment in logistics infrastructure, data infrastructure and transport capacity.

Harvesting rice in the Mekong Delta (Photo: VNA)

Vietnam seen as gateway for Canadian farm produce to ASEAN

As Canada steps up trade diversification and seeks to reduce its dependence on the North American market, Vietnam could serve both as a market for Canadian goods and a base for Canadian businesses to build production capacity and expand operations in the region.

Illustrative image (Photo: VNA)

Turkish cooperatives open sourcing channel for Vietnamese businesses

The Vietnam Trade Office recommended that Vietnamese businesses in agriculture and food actively study cooperative networks in different localities in Türkiye and consider them an additional channel for accessing raw materials, processing partners, and distribution networks.

Delegates at the signing ceremony (Photo: VNA)

VPI, Beicip-Franlab Asia deepen oil, gas cooperation

Under the MoU, VPI and Beicip-Franlab Asia will undertake advanced studies in geology, geophysics, and reservoir engineering to support exploration, field development, and oil and gas resource assessment.

A visitor explores Vietnamese coffee at the expo. (Photo: VNA)

Vietnam pushes coffee, farm produce at Hong Kong food expo

After nearly 200 years, especially since the Doi Moi (renewal) began in 1986, Vietnamese coffee is now exported to more than 100 countries and territories and supports about 2.6 million jobs. Vietnam remains the world’s second largest coffee exporter, holding roughly 19-21% of the global market, and is the top producer of Robusta coffee.

Delegates at the event (Photo: VNA)

Da Nang hosts 2026 International Logistics Forum

Co-hosted by the Ministry of Industry and Trade and the Da Nang People’s Committee, the forum put modern logistics, strategic infrastructure, digital transformation, green growth and international connectivity at the centre of discussions.

Prime Minister Le Minh Hung speaks at the working session. (Photo: VNA)

Monetary policy must ensure macro stability, support growth: PM

The SBV was required to keep policy interest rates steady and add liquidity so lenders can access cheaper funding. It must manage the exchange rate in line with market developments, coordinate monetary tools, and intervene to stabilise the foreign exchange market, while maintaining close oversight of gold. Lenders must continue cutting costs, stabilising lending rates, and delivering substantive reductions.

People buy petrol at a station in Hanoi (Photo: VNA)

Petrol prices cut from 15:00 on August 13

The price of E5 RON92 petrol is capped at 21,235 VND (0.81 USD) per litre, down 493 VND, while E10 RON95-III is priced at no more than 22,119 VND per litre, down 205 VND.

Domestic and foreign businesses engage in trade networking at the event series held at Ho Chi Minh's Saigon Exhibition and Convention Centre (SECC) on August 13, 2026. (Photo: VNA)

Int'l sports exhibitions, export trade fair open in Ho Chi Minh City

A series of events opened at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on August 13, including the Vietnam Sport Show 2026, Vietnam Cycle Expo 2026 and the 14th Zhejiang Export (Vietnam) Fair 2026. They feature 520 booths operated by 400 businesses from 15 countries and territories.

Production at Bumjim Electronics Vina Co., Ltd invested by the Republic of Korea in Quang Ninh province (Photo: VNA)

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.