HCM City (VNA) – The People’s Committee of Ho Chi Minh City and US semiconductor design giant Advanced Micro Devices, Inc (AMD) signed a memorandum of understanding (MoU) on June 12, marking a significant step in advancing its high-tech and artificial intelligence (AI) ecosystem.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The company will also coordinate the organisation of intensive training courses on AI, microchip design, and semiconductor technology for students, lecturers, and technology experts in the city. Additionally, AMD will explore the establishment of a Research and Development (R&D) Centre in HCM City, promote the application of its advanced technologies in sectors such as education and healthcare, and provide consultancy on pilot policy models to foster innovation and digital transformation.
Speaking at the signing ceremony, Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan hailed the partnership as a meaningful development step not only for the city but for Vietnam as a whole.
Hoan said this collaboration reflects the mutual trust and shared commitment between one of Vietnam’s most dynamic cities and one of the US’s foremost technology companies. “It is a strategic move to position Ho Chi Minh City as a leading hub in Southeast Asia for electronics, semiconductors, and artificial intelligence.”
Ryan Sim, Senior Director for Asia-Pacific and Japan at AMD, reaffirmed the company’s long-term commitment to Vietnam, saying that it pledged to work closely with HCM City to set up an international-standard training centre, focusing on human resource development, innovation, and technology transfer.
He went on to say that AMD has already begun piloting AI applications in diagnostic imaging at the city’s People’s Hospital 115, with the aim of enhancing diagnostic accuracy and treatment efficiency. The company plans to expand its AI applications beyond healthcare to further embed advanced technologies into daily life.
Deputy Prime Minister Tran Hong Ha, who attended the signing ceremony, commended the city’s efforts to foster international cooperation in strategic sectors such as semiconductors and AI.
He emphasised the importance of translating the MoU into “concrete, actionable steps with clear timelines and assigned responsibilities.” Ha also stressed that Vietnam’s pursuit of chip and semiconductor technology is a strategically sound move amid ongoing global digital transformation and technological competition.
In the long term, Vietnam must strive to master the design phase, especially chip architecture design, which requires creativity and high-level technical expertise, he added.
Founded in 1969, AMD is a global leader in semiconductor design, producing central processing units (CPUs), graphics processing units (GPUs), and integrated chips. The company currently employs more than 28,000 staff worldwide and reported revenue of over 25.8 billion USD in 2024./.
