Vietnam is drawing up a list of incentives for chip companies, ranging from tax breaks to fast-track export processes, as the country draws increasing attention from global players such as Nvidia and Besi.

According to the Nikkei Asia, the availability of tech workers in a time of shortage could help Vietnam achieve one of its long-held dreams: moving up the tech value chain.

Vietnam is taking steps to actualize the strategy on becoming an important link in the global semiconductor chip supply chain.