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Intel’s contributions to HCM City development hailed

Secretary of the Ho Chi Minh City Party Committee Le Thanh Hai has said that Intel Products Vietnam Co. Ltd’s effective investment has greatly contributed to the city’s socio-economic development, especially in training high-quality human resources.
Secretary of the Ho Chi Minh City Party Committee Le Thanh Hai has saidthat Intel Products Vietnam Co. Ltd’s effective investment has greatlycontributed to the city’s socio-economic development, especially intraining high-quality human resources.

Meetingwith Intel Products Vietnam General Manager Sherry Boger on July 29 onthe occasion of the debut of the company’s first central processing unit(CPU) product in Vietnam , Hai spoke highly of Intel’s efforts toovercome initial difficulties to realise cooperation commitments betweenthe two sides.

He proposed that Intel raise itsinvestment in the Saigon Hi-tech Park, focusing on the field ofresearch and development.

For her part, SherryBoger thanked the municipal authorities for creating favourableconditions for the company to turn out hi-tech products in Vietnam.

In the next six months, Intel plans to have over 80 percent of itsCPUs made in Vietnam provided for the world market, she stated.

Earlier on the day, Intel Products Vietnam Co. Ltd, an affiliate ofthe US-based Intel Corporation, launched its first central processingunit (CPU) product manufactured at the Saigon Hi-tech Park.

The company had invested more than 450 million USD in this product, which uses the most sophisticated technology.-VNA
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