Party leader calls on US firm to increase investment in Viet Nam

Party General Secretary To Lam received President of the Data Centre Group at Marvell Technology Inc. Sandeep Bharathi in Ha Noi on October 1, during which he called on the US firm to expand its investment in Viet Nam in the coming period.

Party General Secretary To Lam receives President of the Data Centre Group at Marvell Technology Inc. Sandeep Bharathi in Ha Noi on October 1, 2025 (Photo: VNA)
Party General Secretary To Lam receives President of the Data Centre Group at Marvell Technology Inc. Sandeep Bharathi in Ha Noi on October 1, 2025 (Photo: VNA)

The Party chief highly valued the group’s recent investment and business achievements in Viet Nam, noting their practical contributions to the country’s development and to the Viet Nam – US relations.

He affirmed that Viet Nam considers the US one of its most important partners, and hoped for bilateral relations to continue developing positively and effectively, for the benefit of both countries' people and businesses.

Sharing his vision for development and the crucial role of science and technology, Party General Lam said that Viet Nam is promoting institutional reforms and refining policies and laws to facilitate investment and business for both domestic and foreign enterprises, and support the country’s development goals in the new phase.

He expressed his delight that many major corporations, including Marvell, are continuing to expand their investment and business in Viet Nam. He outlined several priorities for Marvell’s further investment, such as supporting Viet Nam in building data centres, developing the semiconductor industry, training human resources.

Bharathi shared Marvell’s business achievements and development in Viet Nam over the past more than 10 years.

He highly valued the vision of Vietnamese leaders for science and technology development, stating that the firm will continue to support Viet Nam in achieving its development goals in science, technology, and innovation.

Bharathi expressed his desire to further deepen and enhance partnerships with Vietnamese ministries, sectors, localities, and universities to promote the development of the semiconductor ecosystem and human resources training, enabling Viet Nam to become an important link in the Group’s global ecosystem.

VNA
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