Biden leads US tech push in Vietnam

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Biden leads US tech push in Vietnam
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HANOI, Vietnam -- President Joe Biden and senior executives from top US tech firms including Google and Intel met Vietnamese business leaders Monday after the two countries agreed to deepen cooperation as Washington seeks to counter China's growing clout.

Biden and Vietnam's ruling Communist Party chief -- the country's paramount leader -- struck a"comprehensive strategic partnership" as Washington pushes to boost its network of allies around Asia and the Pacific.

They held talks with senior figures from a host of leading Vietnamese tech and manufacturing companies including electric car maker VinFast, internet firm VNG and digital wallet Momo. Tiny semiconductors are vital to modern life, found in every electronic device from children's toys and smartphones to electric cars and sophisticated weapon systems.

The White House highlighted US investment in chipmaking in Vietnam, pointing to a new $1.6 billion factory near Hanoi due to start operations soon.Biden insisted Sunday that he did not want to"contain" China, but accused Beijing of seeking to change the rules of the international order. Beijing claims almost the entire sea, through which trillions of dollars in trade passes annually, and has ignored an international court ruling that its assertion has no legal basis.

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manilabulletin /  🏆 25. in PH

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