Vietnam becomes vital player in global semiconductor value chain: Deputy PM

Vietnam is emerging as an important link in the global semiconductor value chain, particularly in chip packaging and testing, as the country continues to lay key foundations for developing its semiconductor industry, Deputy Prime Minister Nguyen Chi Dung has stated.

Deputy PM Dung, who is head of the National Steering Committee on Semiconductor Industry Development, made the remark while chairing the committee’s first meeting in 2026 in Hanoi on March 10.

He noted that ministries and sectors have actively implemented tasks under the national strategy for developing semiconductor industry and the programme on developing human resources for the industry, focusing on removing institutional bottlenecks, improving the legal framework and creating favourable conditions to attract investment.

According to the Deputy PM, Vietnam has consistently pursued a balanced approach to developing its semiconductor industry, ensuring harmonious interests and balancing relations with major partners while selectively attracting foreign investment and strengthening the capacity of domestic enterprises.

Vietnam becomes vital player in global semiconductor value chain: Deputy PM -0
Participants at the first meeting of the National Steering Committee on Semiconductor Industry Development in 2026 (Photo: VNA)

To date, many global technology giants have invested in and expanded their operations in the country, mainly in semiconductor assembly, packaging and testing.

Vietnamese companies have also gradually joined the global value chain by improving their capabilities in chip design, production and related services. Notably, a semiconductor chip manufacturing plant project developed by the Viettel Military Industry and Telecoms Group (Viettel) has already commenced.

However, the Deputy PM pointed out that the industry still faces significant challenges, including shortages of high-quality human resources, limited research and development capacity, infrastructure constraints and the relatively modest participation of domestic enterprises in the global value chain.

At the meeting, members of the Steering Committee reviewed the implementation of assigned tasks and discussed solutions to accelerate the effective and strong development of semiconductor ecosystem in Vietnam.

According to Permanent Deputy Minister of Science and Technology Vu Hai Quan, the national strategy for semiconductor development to 2030 with a vision to 2050 assigns 38 tasks and projects to ministries, sectors and localities. So far, 13 tasks have been completed while the remaining 25 are being implemented on schedule. The tasks are being performed in a coordinated manner with the participation of ministries, sectors, localities, organisations, businesses and research institutions.

Regarding the programme on developing human resources for semiconductor industry to 2030 with a vision to 2050, initial progress has been made. Currently, 166 universities in Vietnam provide training in disciplines related to semiconductor technology. The country now has around 7,000 chip design engineers, more than 6,000 engineers and over 10,000 technicians working in semiconductor packaging, testing and related industries.

Alongside improving the legal framework, the Ministry of Science and Technology is promoting domestic semiconductor production by supporting the implementation of a Vietnamese chip manufacturing plant, the establishment of a national semiconductor manufacturing centre, and chip production activities at companies such as Viettel and FPT. Meanwhile, cooperation with global technology firms such as Samsung, NVIDIA and Qualcomm, as well as investment promotion organisations in Japan, the Republic of Korea and Taiwan (China), has been strengthened.

Minister of Science and Technology Nguyen Manh Hung noted that the ministry will develop a policy communication plan to better promote the development of the industry.

Meanwhile, Deputy Minister of Finance Nguyen Duc Tam said that by March, foreign direct investment in the semiconductor sector had reached nearly 16 billion USD across 228 projects. Investors from the RoK accounted for the largest share at 45.3%, followed by the Netherlands with 25.8% and Singapore with 12%. Ho Chi Minh City leads the country with 53 projects.

In his concluding remarks, Deputy PM Dung said Vietnam is moving in the right direction and has started to establish essential foundations for developing its semiconductor industry.

He stressed the need to further develop a complete semiconductor ecosystem, expand high-quality human resources and boost research and development.

He requested ministries, localities, research institutions and enterprises to strengthen coordination, improve infrastructure and expand international cooperation to enable the country to participate more deeply in the global semiconductor value chain.

VNA

Other News

Hanoi approves controlled pilot of two technology projects

Hanoi approves controlled pilot of two technology projects

The two projects involve an intelligent autonomous transportation system developed by Phenikaa-X JSC and a technology for producing mixed rare-earth oxides with a purity of over 95% on a semi-industrial scale developed by the Mining Technology and Construction Consultancy JSC.

Banking industry in AI era: When data becomes competitive advantage

Banking industry in AI era: When data becomes competitive advantage

In just a few years, AI has evolved from an experimental technology into an “assistant” for many banks, supporting everything from customer service, credit approval, and fraud detection to risk management. However, as the technological gap between institutions narrows, a new question is emerging: What will determine banks' competitive advantage in the AI era?

Bac Ninh considers establishing AI centre of excellence

Bac Ninh considers establishing AI centre of excellence

A meeting has been held in Bac Ninh to discuss potential cooperation with Plug and Play in developing the northern province’s innovation ecosystem and establishing an artificial intelligence (AI) centre of excellence, with Standing Vice Chairman of the provincial People’s Committee Mai Son receiving a delegation from the global innovation platform.

Hanoi allows 24-month trial of autonomous vehicles at Hoa Lac

Hanoi allows 24-month trial of autonomous vehicles at Hoa Lac

The project aims to assess the safety, reliability and readiness of autonomous vehicles under real traffic conditions, as well as the effectiveness of autonomous public transport and compatibility with existing systems. Its results will contribute to developing technical standards, operating procedures and management models suited to Hanoi’s traffic conditions.

Singapore's experience suggests solutions to Vietnam's human resources challenge in AI era

Singapore's experience suggests solutions to Vietnam's human resources challenge in AI era

As Vietnam accelerates digital transformation and high-tech development, Singapore’s experience and the engagement of global technology companies demonstrate that human resources preparation must stay ahead of the curve. The ability to filter knowledge, collaborate, innovate and effectively use AI will increasingly become essential to helping workers adapt to a changing labour market and strengthening the competitiveness of Vietnam’s economy in the new era.

Protecting national security amid digital transformation, cyberspace

Protecting national security amid digital transformation, cyberspace

Cybersecurity, information security and data security risks must be identified and addressed early and from afar, with appropriate defensive measures ready to neutralise threats and protect national interests in cyberspace, said Lieutenant General Le Xuan Minh, Director of the Ministry of Public Security’s Department of Cybersecurity and Hi-tech Crime Prevention (A05).

Mekong Delta launches first robotics, AI research institute

Mekong Delta launches first robotics, AI research institute

Dr. Nguyen Van Quang, Rector of Nam Can Tho University, said the university is developing a value chain covering training, research, technology development, testing, technology transfer and commercialisation. The model is designed to link research more closely with practical needs, ensuring that technologies generate products and products create value for society.

Vietnam positioned to harness AI wave, World Bank report says

Vietnam positioned to harness AI wave, World Bank report says

The WB report identifies Vietnam as one of the few economies outside the European Union (EU) to have adopted a comprehensive AI regulatory framework as early as 2025. Vietnam applies a risk-tiered approach similar to that of the EU AI Act, imposing different obligations depending on whether an AI system poses “unacceptable,” “high,” “low” or “minimal” risks. The approach is viewed as a strategic step towards ensuring safe and transparent AI governance.

AI offers both opportunities, challenges for Vietnam's growth

AI offers both opportunities, challenges for Vietnam's growth

Dr. Ho Duc Thang, a full-time member of the National Assembly’s Committee for Cultural and Educational, said productivity is the key to sustaining double-digit economic growth, and AI has greater potential to improve productivity than any previous technology.

Top leader unveils people-centred vision for new development model

Top leader unveils people-centred vision for new development model

Vietnam's growth model, long fueled by low-cost labour, resource extraction, contract manufacturing, expanded investment, and capital accumulation, has run out of road. The country now needs a sweeping reform agenda to shift from extensive growth to a model driven by productivity, knowledge, science and technology, innovation, and digital transformation.