Speaking highly of Samsung’s investment that has contributed to Vietnam’s import-export revenue as well as economic development, Quang affirmed that the Vietnamese Government has paid due attention to improving the domestic business climate to facilitate foreign enterprises’ long-term production and business in the country.

Deputy Prime Minister Tran Luu Quang (R) and General Director of Samsung Vietnam Choi Joo Ho.

He highly evaluated Vietnamese engineers working at Samsung R&D Centre, asking Samsung, with its considerable experience and capacity, will continue cooperation with the Vietnam National Innovation Centre (NIC) and help Vietnam realise its set goals of training 50,000 semiconductor engineers by 2030.

Choi, meanwhile, said Samsung invested an additional 1.2 billion USD in 2023, increasing its total investment in Vietnam to 22.4 billion USD, and the group will continue funneling 1 billion USD into the country each year.

There are 2,400 engineers working at the Samsung R&D Centre, with Vietnamese engineers playing a key role in studying the application of the AI into the Galaxy S24 line of phones, he said, highlighting Samsung will continue studying the possibility to expand cooperation with the NIC and support Vietnam to train semiconductor human resources.

He affirmed that Vietnam’s development is also Samsung’s development, and the group's development will contribute to the country’s socio-economic development.

Regarding the cooperation with the NIC, Samsung and the innovation centre last year signed a Memorandum of Understanding on implementing development activities for Vietnam’s young generation who will lead the success of the Fourth Industrial Revolution.

The Republic of Korea-based group had also entered a cooperation document with the Vietnam National University, Hanoi on providing training for some 40 excellent students of the university in four years to become future leaders of the semiconductor industry.

Da Nang to establish semiconductor, AI research center

The central port city of Da Nang plans to build a research center for semiconductors and AI, opening new opportunities for Vietnam’s semiconductor industry.

PM promises government support for AI, semiconductor companies coming to Vietnam

Prime Minister Pham Minh Chinh has called on global investors to look at Vietnam’s AI, auto and semiconductor industries, saying they are guaranteed government support.

Vietnam universities scramble to offer courses in semiconductor technology, design

More than 10 universities across Vietnam have introduced courses in integrated circuit design and technology to meet the increasing demand for skills in those fields.

Bac Ninh aims to integrate into regional semiconductor ecosystem

With a business-friendly approach and an open-door policy, the northern province of Bac Ninh has emerged as a key destination for major players in the electronics and semiconductor industry.

Strategic cooperation in training human resources for the semiconductor IC industry

SUN EDU International Education Joint Stock Company and Thu Dau Mot University (in Binh Duong Province) signed a Memorandum of Understanding (MOU) on strategic cooperation for the development of high-quality human resources in the field of electronics and semiconductor integrated circuits (IC) in the Southeast region, at a ceremony held in Binh Duong Province on December 26.

Source: VNA