Vietnam aims to become key player in semiconductor, AI value chain

Vietnam is at a pivotal moment as it works towards industrialisation, aiming for upper-middle-income status by 2030 and high-income status by 2045.

Vietnam aims to become key player in semiconductor, AI value chain

Hanoi (VNA) – Vietnam is striving to become a leading regional technology hub, seizing opportunities from the Fourth Industrial Revolution.

At the policy forum on March 14, Deputy Minister of Finance Nguyen Duc Tam reaffirmed the country’s commitment to integrating into the global semiconductor and AI ecosystem—two key pillars of modern technology and the digital economy.

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According to Deputy Minister Nguyen Duc Tam, the Ministry of Finance will gather expert feedback, coordinate with the Ministry of Science and Technology and other agencies, and propose strategic solutions to the government. (Photo: VietnamPlus)

Seizing a golden opportunity

Vietnam is at a pivotal moment as it works towards industrialisation, aiming for upper-middle-income status by 2030 and high-income status by 2045.

Recognising science, technology, and innovation as strategic priorities, the government has introduced strategic policies to attract investment and build a dynamic innovation ecosystem.

Recent legislative measures include National Assembly Resolution No. 193 on piloting some special mechanisms and policies to create breakthroughs in science-technology development, innovation, and national digital transformation, and Government Decree No. 182, which facilitates investment support.

Additionally, a national AI strategy and a semiconductor industry roadmap outline ambitious goals, including training at least 50,000 skilled semiconductor professionals by 2030.

Vietnam’s proactive approach is already yielding results. The country is among six selected by the US under the CHIPS Act to strengthen the global semiconductor supply chain, drawing major international technology firms.

Leading domestic corporations such as Viettel, Vingroup, FPT, and CMC are also expanding AI and semiconductor R&D.

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The policy forum “Vietnam proactively develops the semiconductor and Artificial Intelligence industries in the new era” on March 14. (Photo: VietnamPlus)

At the International Conference on Artificial Intelligence and Semiconductors (AISC 2025) on March 12-13, Vietnamese government agencies engaged with global experts to explore AI applications in semiconductor design, production, and innovation.

Strengthening Vietnam’s global tech standing

As one of Southeast Asia’s fastest-growing digital economies, a strategic geopolitical location, and a skilled workforce, Vietnam is increasingly attracting major players in the semiconductor and AI industries.

At the forum, experts shared recommendations for Vietnam to secure its place on the global technology map.

Christopher Nguyen, CEO and founder of Aitomatic, highlighted key factors for leveraging advanced technologies to boost competitiveness.

Technological self-sufficiency is vital for Vietnam’s digital economy, he said.

FPT Chairman Truong Gia Binh affirmed the readiness of Vietnamese enterprises to adopt technology transfers and build an innovation ecosystem.

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Prime Minister Pham Minh Chinh describes AI and semiconductors as a “golden” opportunity for Vietnam to attract investment and intellectual resources, positioning the country as a regional and global technology hub. (Photo: VietnamPlus)

The forum also marked the launch of key initiatives by the National Innovation Centre and its partners, including the 2025 Vietnam Innovation Challenge, focused on developing an open-source Vietnamese language database for AI research.

Speaking at the event, Prime Minister Pham Minh Chinh reiterated Vietnam’s ambition to become a key player in the global semiconductor and AI value chain. He emphasised the need for collective efforts, highlighting expert consensus, strong industry support, and the readiness of Vietnam’s AI and semiconductor ecosystem.

Vietnam is determined to establish itself as a trusted partner for leading international corporations./.

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