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The US State Department has named Intel in Vietnam one of the 13 finalists worldwide for its prestigious Award for Corporate Excellence (ACE) this year.

Intel in Vietnam was selected for its creation of public-private partnerships that promote education reform and the development of a skilled workforce, the US Embassy in Hanoi said in a press release October 21.

The world's biggest chip maker has increased opportunities for women in the sciences, and fostered awareness of environmental issues as well as volunteerism.

It also strived to reduce its environmental footprint, and strengthen the technological capabilities of local universities.

The corporation in April this year joined with the US Agency for International Development and Arizona State University to announce the expansion of the Higher Engineering Education Alliance Program through 2014 to improve higher education and technological development in Vietnam.

It and 12 other US companies were chosen from 62 nominations submitted by American ambassadors around the world.  

The winners will be announced at an annual ceremony hosted by the Secretary of State later this year.

ACE has been awarded since 1999 to recognize American companies who are leaders in socially responsible activities and contribute to the overall growth and development of the local economy in which they work.

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