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 ...
Oh who is the one who fights like a sissy??? You throw out a bunch of childish name-calling and then run away and tells me not to respond. Puh_leeeez.
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