Vietnam: Intel $1B Investment Withdrawal, Power Blackouts & License Delays and North vs. South Investment & FDI Flows - E344

episode

BRAVE Southeast Asia Tech: Singapore, Indonesia, Vietnam, Philippines, Thailand & Malaysia Startups, Founders & Venture Capital VC (English) not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from BRAVE Southeast Asia Tech: Singapore, Indonesia, Vietnam, Philippines, Thailand & Malaysia Startups, Founders & Venture Capital VC (English)

What 500 Harvard Case Studies Actually Do To Your Brain - E729 55 min · 09 Sep 2026

The Truth About China's Competitive Advantage - E728 30 min · 06 Sep 2026

Itamar Novick: Where AI Replaces People, and Where It Does Not - E727 46 min · 02 Sep 2026

$70,000 Per Child: What Singapore's New Family Package Actually Changes - E726 43 min · 31 Aug 2026

The Next 3 Years Will Deliver 30 Years of Innovation | John Lin - E725 39 min · 26 Aug 2026

The Innovation Playbook of 3 Southeast Asian Founders - E724 27 min · 23 Aug 2026

All episodes from BRAVE Southeast Asia Tech: Singapore, Indonesia, Vietnam, Philippines, Thailand & Malaysia Startups, Founders & Venture Capital VC (English) →

Report any issue

Source

Recorded19 Nov 2023

Publisherfeed.pod.co ↗

Handlerec:7818213

Show notes

In this episode, Valerie Vu, Founder of Ansible Ventures, and Jeremy Au discuss three main topics: 1. Intel $1B Investment Withdrawal: Valerie shared that Vietnam's power outages, real estate turmoil, and anti-corruption campaign have led to delays in construction permits and licensing, which influenced Intel's decision to withdraw investment. This also caused the Danish group Pandora to announce the delay in running its factory to 2026 instead of its initial plan to start in 2025. She also explained that the country's power supply is delivered by a single state-owned company called EVN, which has faced challenges in managing resources, resulting in inconsistent power supply. 2. Vietnam Edtech Trends: Valerie stressed that while K-12 education receives ample investment, higher education and adult learning opportunities are lacking. She shared her involvement in helping recruit for Marathon Education which aims to build a Vietnamese MIT university and the potential growth in post-K12 education, including university, post-grad, and adult learning sectors. We also discussed Vietnam's edtech space and both disagreed with the notion of Vietnamese youth disengagement or "lying flat" (tang ping), as seen in China and reported by SCMP. Valerie explained that Vietnam has the second highest PISA (Programme for International Student Assessment) scores among ASEAN countries, next to Singapore. She also shared the trend of young Vietnamese holding multiple jobs or side hustles, showcasing their drive, competitiveness, and ambition. 3. Regional FDI Flow & Expansion Strategies: Valerie noted that the northern region of Vietnam is attracting more foreign direct investment (FDI) due to its infrastructure and larger workforce availability. She compared spending habits in Ho Chi Minh City and Hanoi, pointing out Ho Chi Minh City's entrepreneurial and high-value customer base. We delved into Vietnamese companies’ expansion strategies such as their movement into neighboring countries like Cambodia and Laos. Valerie mentioned companies like VinFast expanding into markets like Indonesia and Europe, representing the first generation of Vietnamese entrepreneurs attempting global expansion. She expressed optimism about Vietnam's digital economy growth, targeting 20% of GDP by 2025, and stressed the importance of supportive government policies for this expansion. They also talked about Vietnam’s infrastructure development, the top cities and provinces attracting FDI, and the availability of human capital. Watch, listen or read the full insight at https://www.bravesea.com/blog/intel-investment-withdrawal Get transcripts, startup resources & community discussions at www.bravesea.com WhatsApp: https://whatsapp.com/channel/0029VakR55X6BIElUEvkN02e Spotify: https://open.spotify.com/show/4TnqkaWpTT181lMA8xNu0T YouTube: https://www.youtube.com/@JeremyAu Apple Podcasts: https://podcasts.apple.com/sg/podcast/brave-southeast-asia-tech-singapore-indonesia-vietnam/id1506890464 Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZC5jby9icmF2ZWR5bmFtaWNz TikTok: https://www.tiktok.com/@jeremyau Instagram: https://www.instagram.com/jeremyauz Twitter: https://twitter.com/jeremyau LinkedIn: https://www.linkedin.com/company/bravesea Learn more about Fluid! Get in touch with Trasy, Fluid’s cofounder at [email protected]

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.