Despite daunting challenges in the trade sector across the globe, Vietnam has been persistent in its goal of luring high-quality foreign direct investment, with the semiconductor industry expected to breath fresh air into the nation’s economy.

Deputy Minister of Information and Communications Nguyen Huy Dung said Vietnam will accelerate the process of joining the regional semiconductor ecosystem to attract semiconductor enterprises to come to Vietnam and manufacture and conduct R&D.

A community of microchip designers with over 30 firms and 5,000 designing engineers is being formed in Vietnam.

The Science and Technology Ministry (MST) is going to apply policies and mechanisms to attract investments in semiconductor research, as concluded in its quarterly press conference.

A number of US technology firms have announced ambitious investment plans for investment in Vietnam.

A production transition and the trend of diversifying global supply chains will bring opportunities to Vietnam to seek a position in the semiconductor industry.

During his working visit to the US recently, Vietnamese Prime Minister Pham Minh Chinh asked Vietnamese and American enterprises to cooperate in key business fields, especially the semiconductor industry.

Hana Micron, a semiconductor company of the Republic of Korea (RoK), plans to pour US$1 billion into chip production in Vietnam by 2025, the latest in a wave of semiconductor investments flooding into the country.

Intel has spent USD 1.5 billion on a chip factory in Vietnam and will expand its investment in the near future.

Vietnam is in a prime position to develop a robust semiconductor industry, heard participants at the Vietnam Business Summit 2023 on Friday in Hanoi.

Turning enemies into friends, shifting from confrontation to dialogue, from opponents to partners, is the model of cooperation, settlement and reconciliation adopted after the war for the sake of mutual development and prosperity.

Việt Nam is likely to obtain billion-dollar opportunities thanks to the inflow of investment capital after participating and becoming a chain in the...

Universities and experts said that there should necessarily be a national strategy for IC and semiconductor technology training with investment priorities in key schools with strengths in this field.

FPT and Duc Giang Chemicals are expected to have high earnings from the strong wave of investment in semiconductors thanks to the high demand for chips and yellow phosphorus.

The scale of this market is about more than US$600 billion last year, and is forecasted to reach $1.4 trillion by 2029.

Prime Minister Pham Minh Chinh has asked Vietnamese and American enterprises to closely coordinate and give priority to a number of important business fields in Vietnam, especially the semiconductor industry.

Many global tech giants have been pouring billions of US dollar into semiconductor chip production lines in Vietnam in an effort to get the lion’s share of the lucrative industry in the country.

The semiconductor industry is currently flourishing globally, and Vietnam is required to make the best preparations possible to attract multi-billion dollar FDI projects in this field, reports Cong Thuong (Industry and Trade) newswire.

Prime Minister Pham Minh Chinh has assigned four government bodies to collaborate in developing a plan to train around 30,000-50,000 engineers and 100 experts in digital transformation and semiconductor manufacturing.

Vietnam once had a semiconductor manufacturing factory in 1979, which was named Z181. The factory provided semiconductor devices to the Eastern European market.