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Vietnam Approves $1 Billion Intel Investment(More American Investment in Communism)
money.cnn.com ^ | November 10 2006 | staff

Posted on 11/10/2006 5:30:07 AM PST by kellynla

HO CHI MINH CITY (Reuters) -- Communist-run Vietnam handed Intel Corp., the world's largest chipmaker, a license to treble its investment there to $1 billion, a week before President Bush is due to visit.

In February the California-based firm announced it would put $300 million in Vietnam to assemble and test microchips that power computers and mobile phones, the biggest investment in the country by a U.S. company.

The World Trade Organization formally invited Vietnam to become the 150th member. CNN's Anjali Rao reports (November 7)

Next week, Vietnam's thriving economy will be on show when Hanoi hosts the Asia-Pacific Economic Cooperation (APEC) leaders' week and hundreds of company executives.

Pham Chanh Truc, chairman of the Saigon High-Tech Park management board, handed the license to Rick Howarth, general manager of Intel Products Vietnam, on Friday at a ceremony in Ho Chi Minh City, Vietnam's commercial center.

Earlier this week, the World Trade Organization (WTO) formally approved Vietnam's membership, making Vietnam its 150th member.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs
KEYWORDS: communism; intel; vietnam
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Well isn't this special. For all those who fought & died fighting Communism in Viet Nam & Southeast Asia; Intel shows their patriotism & appreciation. First Ford Motor Company, now Intel; is this a great country or what! Semper Fi, Kelly
1 posted on 11/10/2006 5:30:10 AM PST by kellynla
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To: SandRat; freema

Just a little something to show Intel's appreciation for the sacrifices of all America's Viet Nam veterans including the hundreds of POW's & MIA's on Veteran's Day tomorrow.

All paid some, some paid all.


Semper Fi,
Kelly


2 posted on 11/10/2006 5:34:46 AM PST by kellynla (Freedom of speech makes it easier to spot the idiots!)
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To: kellynla

After the disaster of this week is this supposed to be good news? Well let's all stand up and cheer Intel's bringing jobs to Vietnam !!!


3 posted on 11/10/2006 5:35:37 AM PST by Obie Wan
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To: kellynla

John Kerry managed to get his cousin into Vietnam with his business.
This was right after Kerry he betrayed his country and fellow soldiers. Look for Democrat Senators Kerry and Harkin to attend the Daniel Ortega celebration and have another photo op.


4 posted on 11/10/2006 5:36:53 AM PST by oldironsides
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To: kellynla

i don't know about that. Defeating communism with captalism have always been the goal, seem like we're winning


5 posted on 11/10/2006 5:36:56 AM PST by 4rcane
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To: kellynla

Although I appreciate your sentiments, Communism is collapsing in Vietnam. The only people who believe in it are the ignorant hicks who sit on the Politburo in Hanoi.

There are innumerable benefits to making Hanoi live up to the legal standards of the West, which is what is now in process.


6 posted on 11/10/2006 5:38:00 AM PST by angkor
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To: kellynla

Oh, put a way the hatchet. Vietnam is not our enemy. Vietnemese people love America. The communist monster has been mostly neutered. We are now fighting the Islamofascists.


7 posted on 11/10/2006 5:38:13 AM PST by Always Right
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To: kellynla

They WILL sell us the rope to hang them.....who said dat?


8 posted on 11/10/2006 5:38:23 AM PST by litehaus (A memory tooooo long)
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To: kellynla

Communism can't survive when the Vietnamese people see that with capitalism they can buy electric rice cookers. The best way to wage war is to defeat the enemy without fighting. Marx never could compete with the Sears catalog.

And if anyone wants to lay blame for the Vietnam War they need look no further than Truman, Eisenhower, Cronkite, Kennedy, LBJ and last but not least that freakjob MacNamara.


9 posted on 11/10/2006 5:44:42 AM PST by Seruzawa (If you agree with the French raise your hand - If you are French raise both hands.)
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To: Always Right

"We are now fighting the Islamofascists."

Believe it or not, so is Vietnam...in a small way.

To make a very long story short, in 2003 the immigration police at Chau Doc caught a number of Arabs trying to illegally cross the border from Cambodia into Vietnam.

This was just about the same time that Hambali was being pursued in Thailand (he was actually hunkered down in Phnom Penh for a few months), and the Cambodian government was deporting Arab teachers from a madrassa which was finally closed.

In September 2003 - just after he was caught - the Bangkok Post reported that Hambali had planned to bomb Koh San Road, Nana Plaza and Patpong, and some other places in Thailand *as well as targets in Phnom Penh and Vietnam*, presumably the embassies there.

The aforementioned arrests at Chau Doc were never reported anywhere, the whole thing "disappeared", but my suspicion is that these guys might have been affiliated with Hambali. In any case I heard the story from someone with relatives in the Chau Doc police, so it's fairly credible.


10 posted on 11/10/2006 5:50:37 AM PST by angkor
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To: All; kellynla


.


Pictures of a vietnamese Re-Education Camp

http://www.Freerepublic.com/focus/f-news/1308949/posts


.


11 posted on 11/10/2006 5:50:52 AM PST by ALOHA RONNIE ("ALOHA RONNIE" Guyer/Veteran-"WE WERE SOLDIERS" Battle of IA DRANG-1965 http://www.lzxray.com.)
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To: kellynla; John Carey

Interesting. Thanks for posting. (ping)


12 posted on 11/10/2006 5:51:28 AM PST by PGalt
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To: litehaus

Ross Perot?


13 posted on 11/10/2006 5:52:27 AM PST by 1rudeboy
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To: Seruzawa

"when the Vietnamese people see that with capitalism they can buy electric rice cookers"

There is now a Mercedes/BMW dealership in downtown Saigon.

"Chau Comrade Nguyen. What kind of mileage do you get in that Z4?"


14 posted on 11/10/2006 5:53:04 AM PST by angkor
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To: Always Right

Where did you serve during the Viet Nam war? Berkley? LMAO


15 posted on 11/10/2006 5:53:14 AM PST by kellynla (Freedom of speech makes it easier to spot the idiots!)
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To: 4rcane
"Defeating communism with capitalism?"

If you had ever been to the American plants in Viet Nam you would know better. "Defeating communism with capitalism?" No what we are doing is propping it up!
16 posted on 11/10/2006 5:55:33 AM PST by kellynla (Freedom of speech makes it easier to spot the idiots!)
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To: 4rcane
i don't know about that. Defeating communism with captalism have always been the goal, seem like we're winning

Yes, look at how the hardline commies in Vietnam must feel at the prospect of foreign companies having property rights.

17 posted on 11/10/2006 5:56:33 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: kellynla

What specific actions would make it acceptable in your mind to trade with Vietnam and to do business there? After all, we do trade with Japan and Germany.


18 posted on 11/10/2006 5:56:39 AM PST by angkor
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To: kellynla
Well isn't this special...

No, as I am quite sure you mean, this is NOT special! This is frightful. Time to sell any shares of (INTC) owned!!

Nancee

19 posted on 11/10/2006 6:00:14 AM PST by Nancee
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To: kellynla
Where did you serve during the Viet Nam war? Berkley? LMAO

Have you ever even been to Vietnam? I seriously doubt it, because you are very ignorant what is going on there. Vietnam was a cold war action. We were fighting the spread of communism. We won the cold war, in case you haven't heard. Get over it. And shove you insults where the sun don't shine.

20 posted on 11/10/2006 6:01:38 AM PST by Always Right
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