In a meeting on Saturday, he tasked the Ministry of Planning and Investment, Ministry of Communications, Ministry of Education and Training, and Ministry of Science and Technology with realizing this goal.

Microchips produced by FPT.

Chinh has called government bodies and foreign companies to help Vietnam produce semiconductors.

Last year, at the launch of Samsung’s first research and development center in Vietnam, he asked the company to quickly prepare all necessary criteria to test manufacturing semiconductors and aim to mass produce them starting from July at Samsung’s factory in the northern province of Thai Nguyen.

In April this year the PM tasked the Ministry of Planning and Investment with completing a national center for innovation and establishing a program for semiconductor manufacturing.

Last month, U.S. Treasury Secretary Janet Yellen said her country is willing to assist Vietnam in producing semiconductors.

Several Vietnamese companies have made moves research and develop semiconductors.

State-owned telecommunications giant Viettel in August last year asked the government’s permission to research, design and manufacture semiconductors for domestic needs and exports.

A unit of tech giant FPT in September last year launched its first semiconductors designed for medical use.

Stevel Long, Intel general manager of Asia-Pacific and Japan told that Vietnam has the capacity to establish infrastructure and policies to support semiconductor manufacturing.

But he also said that it is a long and costly process.

Electronics and semiconductor account for around one-third of Vietnam’s exports, but most of them are produced by foreign direct investment companies.

Samsung, LG, Intel, Apple’s suppliers and Xiaomi all have factories or research centers in Vietnam.

Vietnam in global semiconductor spotlight as big-name investors show interest

Global semiconductor makers are betting on Vietnam as their next production destination with the country being considered ready for a move up in the value chain.

Samsung to start producing semiconductor components in Vietnam

Samsung is testing its ball grid array products and will mass produce them at the tech giant's factory in northern Thai Nguyen Province in July 2023.

Vietnam facility helps Intel overcome semiconductor shortage

Vietnam’s stable business environment and young labor force have helped Intel overcome the semiconductor shortage crisis, a senior company leader said.

South Korean Amkor Technology to pour $1.6 bln into Vietnam semiconductor plant

South Korea’s Amkor Technology will invest $1.6 billion in a semiconductor plant in the northern province of Bac Ninh.

Source: VnExpress