Ho Chi Minh City People’s Committee has signed off on Saigon Hi-Tech Park’s (SHTP) VND8,175 billion ($392.64 million) second phase. The second phase covers 587 hectares in District 9, connecting with the phase one to make SHTP’s total area 913ha. The second phase would build main infrastructure, plus technical infrastructure for a science space specialising in science development, research... 

Some 29 projects operating in the Saigon Hi-Tech Park (SHTP) are expected to create around 10% of added value while the remaining value is sourced from local labor. Speaking at a press briefing on the SHTP’s 10th anniversary celebration, Le Hoai Quoc, head of the authority of SHTP, said the site posted around US$3.6 billion in export value as of the end of September while import value was US$3.2... 

American-backed Intel Vietnam is hunting for skilled local workers. The company’s corporate affairs manager Ho Uyen told Vietnam Investment Review that it needed more than 4,000 skilled workers during in the next several years instead of its 1,000 strong payroll now. Intel is seeking Vietnamese applicants as manufacturing technical supervisors, manufacturing technicians, shift automation engineers,... 

Intel Products Vietnam is searching for more domestic suppliers to increase the ratio of local content in its products that are assembled at Saigon Hi-Tech Park (SHTP) in HCMC. Some 50 domestic enterprises joined a seminar held on Tuesday as part of a cooperation program between SHTP and the world’s largest chipmaker to develop a local supply chain for Intel, and supporting industries for hi-tech... 

Big names in the technology world have flocked to Vietnam which has opened the door for the country’s technology sector to strive toward the international hi-tech league The American energy group First Solar has started phase 1 construction of a solar panel factory worth US$300 million of the total investment capital of over US$1 billion in Cu Chi District, HCM City. The research and development... 

Vietnam’s information technology and hi-tech sectors will become a hub for domestic and foreign investors in 2011. A list of projects to be executed in Vietnam in 2011 includes Taiwan’s Wintek Corporation’s touch screen production plant in northern Bac Giang province, Hewlett Packard opening a software testing company and other projects in Hoa Lac and Saigon Hi-Tech parks. Wintek Corporation... 

HCMC – The city has in the year to date attracted more than US$1.92 billion in foreign direct investment (FDI), including newly-registered and supplemented capital, up almost 67.5% over the same period last year. The HCMC Department of Planning and Investment reported that 331 foreign-invested projects worth some US$1.7 billion have been licensed from January through November, plus US$236 million... 

Today, Intel formally openned its largest and most advanced assembly and test facility in Intel’s global manufacturing network in Ho Chi Minh City, marking a major new milestone of its 13-year history of investing in and partnering with Vietnam. First announced in 2006, the facility represents Intel’s investment commitment of $1 billion and opens up extensive new opportunities for economic development... 

HCMC – Saigon Hi-Tech Park (SHTP) Authority on Wednesday started work on phase two to expand the park in District 9 a further 613 hectares, in addition to the first-phase area spanning 300 hectares, which is nearly full. The second phase, to be developed at a cost of VND5.8 trillion (some US$300 million), will include a supporting industry area, a hi-tech manufacturing area, an R&D and training...