National steering committee on semiconductor development set up

Prime Minister Pham Minh Chinh has recently signed a decision on the establishment of a national steering committee on semiconductor industry development. This is the newest effort of Vietnam to develop the industry in the country.

The steering committee is tasked with helping the Government and Prime Minister study, direct and coordinate with competent sides to handle important related issues.

Besides, it will be responsible for researching, giving consultations, as well as facilitating the coordination between relevant quarters to bolster the semiconductor industry development.

Prime Minister Pham Minh Chinh is the head of the committee, while deputy heads are the Minister of Planning and Investment, and the Minister of Information and Communications.

By 2045, Vietnam eyes to become an important link in the global semiconductor industry value chain, with a contingent of engineers and experts capable of meeting the industry's requirements in both quality and quantity.

The country also plans to deeply engage in the semiconductor packaging and testing process, aiming to master part of the associated technology, as well as train 50,000 engineers to serve the industry across all stages of the value chain by 2030./.