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Coronavirus

Intel and foreign businesses in Vietnam fear harsh COVID measures

Companies in Ho Chi Minh City worry restrictions will discourage investment

Customers bracing for tighter COVID-19 restrictions starting Monday search for food on near-empty shelves at a supermarket in Ho Chi Minh City, Vietnam August 21, 2021.    © Reuters

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.

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