Prime Minister Phạm Minh Chính on Saturday signed a decision issuing the strategy for developing Việt Nam’s semiconductor industry by 2030, with a vision to 2050.
Việt Nam has emerged as a new export market, especially in the field of information technology products while many countries are currently applying trade barriers to these products.
Việt Nam has a favourable location in Southeast Asia, a large supply of necessary rare-earth elements for semiconductor chip production, and a stable political environment. It is also actively pushing for the development of the semiconductor industry with favourable policies.
