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

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By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) - Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Phuong Nguyen and Francesco Guarascio

From Vietnam, there are executives from half a dozen companies, including Nasdaq-listed electric car maker VinFast, flag carrier Vietnam Airlines, tech company FPT, MoMo, the country's biggest e-wallet by users, as well as internet firm VNG, which filed in August for a U.S. IPO. Newly unveiled deals by the White House include plans by Microsoft to make a"generative AI-based solution tailored for Vietnam and emerging markets."

A new $1.6 billion Amkor factory near Hanoi that will assemble, package and test chips is due to start operations in October, it added.

 

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