Intel began building its chip assembly and test plant in Ho Chi Minh City in 2006 and inaugurated it in 2010; after 20 years it is the largest such facility in Intel's global network, with committed investment of USD 4.1 billion. According to Ms. Phạm Chi Lan, Intel decided to invest in March 2006, about 6 months before Vietnam joined the WTO, after weighing Vietnam against China, India and Thailand. Intel initially faced a severe talent shortage: while it needed 2,000 engineers, 7 leading universities in HCMC could supply fewer than 100 fully qualified candidates, yet the company had enough staff to operate within just over one year. Although Vietnam was weaker than all three rivals at the time, Intel valued its location (access to markets within about 1,000 km) and its FTA network covering more than 60 countries. A Fulbright School report says Intel's site selection went beyond labor costs and tax incentives.
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Original headline: Trung Quốc, Ấn Độ đã thất bại, Việt Nam thành công thuyết phục đại bàng Mỹ đặt nhà máy lớn nhất thế giới, chuyên gia nói gì?
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/02/2026 | 1,710.72 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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