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The Southeast Asian electronics manufacturing hub already hosts U.S. giant Intel's (INTC.O) largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips. Meetings with half a dozen U.S. chip firms took place in recent weeks, including with fab operators, Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council, told Reuters. He declined to identify the firms because talks were still at a preliminary stage. John Neuffer, President of the U.S. Semiconductor Industry Association, at the same conference recommended the government focus on chip sectors where Vietnam was already strong, such as assembling, packaging and testing.
Persons: Florence Lo, PSMC, Tu Thanh, Joe Biden, GlobalFoundries, Hung Nguyen, Viettel, Robert Li, John Neuffer, Francesco Guarascio @fraguarascio, Khanh Vu, Fanny Potkin, Lincoln Organizations: REUTERS, Hanoi, U.S, ASEAN Business Council, Reuters, GlobalFoundries, Industry, Hanoi's University Vietnam, BET, Vietnam Semiconductor, European Union, U.S . Semiconductor Industry Association, Reuters Graphics Reuters, Thomson Locations: Vietnam, HANOI, U.S, Hanoi, China, South Korea, Singapore
Gwinnett County police said Emanuel Rene Esfahani, a 20-year-old Lawrenceville man, turned himself in Tuesday and is charged with five counts of vehicular homicide. He's also charged with reckless driving, racing, speeding, unsafe lane change and not wearing a seatbelt. Investigators say Esfahani was racing a pickup truck driven by 18-year Hung Nguyen about 4 a.m. on Labor Day on Georgia 316 when the two came upon a slower vehicle. But Esfahani came upon a truck stopped in the emergency lane and swerved left, striking Nguyen's Toyota Tacoma. One had not been wearing a seatbelt, but investigators could not determine if the second passenger had been wearing one.
Persons: Emanuel Rene Esfahani, He's, Esfahani, Hung Nguyen, Nguyen, Katy Gaitan, Ashley Gaitan, Coral Lorenzo, Abner Santana, Lorenzo, Jonathan Reyes, Ryan Winderweedle Organizations: Associated Press, Labor, Georgia, Police, Infiniti, Toyota, Atlanta, Lawrenceville, Lakeside High School, Tacoma Locations: DULUTH, Ga, Georgia, Atlanta, Gwinnett, Lawrenceville, Gwinnett County, Toyota Tacoma, DeKalb County, Tacoma
The boost to formal ties could bring billions of dollars of new private investment and some public funds to Vietnam's semiconductor industry. But industry officials, analysts and investors said that the small pool of trained experts will be a crucial hurdle for the rapid development of the chip industry. There's also a risk of inadequate supply of trained chips software engineers, said Hung Nguyen, senior program manager on supply chains at RMIT University Vietnam. The White House has not specified which segments of the chips industry in Vietnam will be prioritised, but U.S. industry executives have indicated that the back-end is a key growth sector. More private investment could come, especially if a significant share of the $500 million available under the U.S. CHIPS Act for global semiconductor supply chains ends up in Vietnam.
Persons: Joe Biden, Kevin Lamarque, Biden, Thanh, There's, Hung Nguyen, CHINA'S, Amkor, Janet Yellen, Hung, Francesco Guarascio, Steve Holland, Trevor Hunnicutt, Khanh Vu, Phuong, Muralikumar Organizations: U.S . Army, White, REUTERS, Companies, ASEAN Business Council, RMIT University Vietnam, Boston Consulting Group, Reuters, Intel, U.S . Treasury, Marvell, Thomson Locations: Vietnam, Washington , U.S, Hanoi, Washington, Vietnam Vietnam, HANOI, U.S, China, United States, Taiwan, Beijing, The U.S, Malaysia, India, Europe, Phuong Nguyen
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVietnam's electricity shortage is a 'wake-up call' for the government, says economistHung Nguyen Quan, senior economist at Dragon Capital, discusses Vietnam's energy mix and the challenges the sector faces.
Persons: Hung Nguyen Quan Organizations: Dragon Capital
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