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Intel and foreign businesses in Vietnam fear harsh COVID measures

HANOI — Leading U.S. chipmaker Intel and other foreign companies operating in Vietnam have expressed concerns that prolonged stringent COVID-19 countermeasures in Ho Chi Minh City could discourage investment, as Hanoi prepares to deploy troops in the southern commercial hub to enforce restrictions.

Representatives of foreign companies met with authorities in Ho Chi Minh City, the country’s largest city which has become the epicenter of the nation’s worst outbreak. In response to the spiraling case, the central government has announced strict measures in the city that will start Monday and run until at least Sept. 15.

Details of the exchanges are unknown.

The purpose of the meeting on Friday was to share the challenges that manufacturing companies like Intel face to maintain operations, Ho Thi Thu Uyen, head of public affairs for Intel in Vietnam and Malaysia told Nikkei Asia on…

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