US, Vietnam firms hold business summit during Biden visit; AI deals unveiled

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US, Vietnam firms hold business summit during Biden visit; AI deals unveiled
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HANOI: Executives at top US and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday (Sep 11) as part of US President Joe Biden's visit to Hanoi, seeking to forge business partnerships with new deals in AI unveiled. Senior executives from Google, Intel, Amkor, Marvell, GlobalFound

HANOI: Executives at top US and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday as part of US President Joe Biden's visit to Hanoi, seeking to forge business partnerships with new deals in AI unveiled.

Biden reiterated at the meeting that the two countries were deepening cooperation in cloud computing, semiconductors and artificial intelligence, and stressed Vietnam was crucial for critical minerals supplies. US Secretary of State Antony Blinken and Vietnam's Investment Minister Nguyen Chi Dzung chaired the meeting, which was followed by discussions with Biden and Vietnam's Prime Minister Pham Minh Chinh.

The White House also highlighted the number of chip-related investments by US firms in Vietnam, including plans by Marvell and Synopsys to build chip design centres in the country.

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