VNExpress-Aug 4
Prime Minister Pham Minh Chinh reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
PM Chinh, who is also Head of the National Steering Committee on Semiconductor Industry Development, made the call while concluding the committee’s second meeting in Hanoi on Aug. 4. He urged accelerated implementation of the national strategy for semiconductor industry development and the associated human resources training program, calling for cohesive efforts across sectors to transform Vietnam into a global semiconductor hub. PM Chinh emphasized that semiconductors are a fundamental component of the 4th Industrial Revolution, playing an indispensable role in the advancement of artificial intelligence and data infrastructure. According to the PM, the Party and the State have issued multiple strategic guidelines and frameworks aimed at promoting investment and facilitating the development of the semiconductor industry. The Government and the PM have also enacted decisions and directives specifically targeting the sector’s growth. The PM commended the contributions of ministries, localities, academic institutions, and businesses, which have laid the groundwork for the semiconductor sector’s development and opened new engines of economic growth. He noted that these efforts are also driving breakthroughs in science, technology, innovation, and digital transformation. However, he acknowledged that the industry still faces significant obstacles, including limitations in capital mobilization, regulatory frameworks, infrastructure development, technology transfer, skilled labor availability, and inter-sectoral coordination. PM Chinh underscored the need to build an integrated, synchronized, and efficient semiconductor ecosystem. This includes refining policy and legal mechanisms, particularly incentive regimes, while removing structural bottlenecks related to infrastructure, governance, and workforce capacity. Read more at:
