
Semiconductor industry development in Vietnam: orientation and encouraging results
The semiconductor industry is gradually becoming an important pillar in the economic development strategies of countries in the era of Industry 4.0. With promising steps, Vietnam is not outside this global trend. The strong development of the semiconductor industry is not only an objective requirement but also a strategic choice to create new growth momentum in the context of digital transformation and international economic integration. This article reviews the context, current situation and initial results in the development of the semiconductor industry in Vietnam.
Context of semiconductor industry development in Vietnam
In the coming period, Vietnam will celebrate the 100th anniversary of the founding of the Communist Party of Vietnam in 2030 and the 100th anniversary of the founding of the country in 2045. To achieve the goals set for these two occasion, the country not only needs to maintain and promote traditional growth drivers such as investment, export and consumption, but also needs to seek and develop new growth drivers. These factors include digital transformation, green transformation, circular economic development, and especially high-tech fields such as artificial intelligence (AI), the Internet of Things (IoT), cloud computing and the semiconductor industry. The strong development of the semiconductor industry is not only an urgent requirement but also a strategic choice to create new productive forces, helping the country "keep up, progress together and surpass" in the context of increasingly deep international integration. The development of the semiconductor industry in the world has made great strides in the era of Industry 4.0. This is an inevitable trend, reflecting the ever-increasing demand for high-tech products such as computers, mobile phones, electric cars and other smart electronic devices. Participating in the global semiconductor supply chain will create opportunities for Vietnam not only to develop its economy, but also to contribute to the overall development of the global high-tech industry. To do this, Vietnam needs to invest heavily in infrastructure development, develop high-quality human resources and promote international cooperation.
Vietnam also possesses many strategic advantages in developing the semiconductor industry. First is its rare earth reserves, an important raw material for the semiconductor industry, which are currently among the top in the world. In addition, Vietnam's geographical location in the key global semiconductor manufacturing area makes it easy for the country to connect with supply chains and major investors from Asia, the US and Europe. In particular, Vietnam's young and abundant human resources are an important factor helping the country to develop strongly in this industry in the future.
Achievements in the development of the semiconductor industry
In recent years, Vietnam has achieved some important initial results in the development of the semiconductor industry. First, policies and guidelines for human resource development have been institutionalized and strongly implemented. From the Resolution of the 11th National Party Congress to the Resolution of the 13th National Party Congress, the development of human resources in science, technology and innovation has been emphasized. Resolution No. 52-NQ/TW of the Politburo on proactively participating in the Fourth Industrial Revolution clearly identified the goal of rapid and sustainable development based on science, technology and innovation, while emphasizing the development of high-quality human resources in the semiconductor industry.
Along with that, the Government has proactively built mechanisms and policies to support the development of the semiconductor industry. The establishment of the Semiconductor Industry Development Steering Committee and programs for developing human resources in the semiconductor industry until 2030, with a vision to 2050, has opened a solid framework to promote this industry. These policies not only create a strong development foundation but also create a favorable environment for domestic and foreign investors to participate in this field.
The infrastructure serving the semiconductor industry is also being built and completed. High-tech parks in Ho Chi Minh City, Hoa Lac and Da Nang have been invested in and developed, creating favorable conditions for businesses in the semiconductor industry to operate. These industrial parks not only meet international standards but are also the destination of large technology corporations in the world such as Samsung, Foxconn, Intel, Amkor. These corporations have invested in Vietnam, not only to produce semiconductor components but also to build high-tech research and development centers.
In addition, many Vietnamese enterprises such as Viettel, FPT, Phenikaa are actively implementing development strategies and promoting projects in the semiconductor field. In particular, the emergence of startups such as Infrasen, VnChip, Hyphen Deux is also a positive signal, showing that the semiconductor industry in Vietnam has begun to have a strong transformation from domestic enterprises.
Vietnam not only focuses on developing the domestic semiconductor industry but also proactively cooperates internationally to improve global competitiveness. Memorandums of understanding on cooperation between Vietnam and countries such as the United States, South Korea, and Japan have been signed, opening up opportunities for extensive cooperation in the fields of research, technology development and human resource training. The International Technology Innovation and Security (ITSI) Fund Program is also one of the important mechanisms to help Vietnam increase cooperation in the semiconductor field, while connecting international investors to the Vietnamese market.
In addition, Vietnam also organizes semiconductor industry exhibitions to promote its potential and attract investment. Inviting large technology corporations such as NVIDIA, Qualcomm, and LAM Research to study the investment environment in Vietnam is one of the specific activities to create a bridge between Vietnamese enterprises and international partners. International meetings and conferences are also opportunities for Vietnam to learn and cooperate with strong economies in the world.
Future challenges and opportunities
Despite significant progress, the semiconductor industry in Vietnam still faces many challenges. One of the issues that needs to be addressed is the development of high-quality human resources in this field. The semiconductor industry requires human resources with in-depth knowledge of technology, high techniques and creativity. Therefore, promoting training and developing specialized training programs will be a decisive factor in helping Vietnam create a generation of human resources capable of meeting the requirements of the semiconductor industry in the future.
In addition, improving policy mechanisms, especially policies on tax, investment and intellectual property, also needs to be focused on to attract more foreign investment in the semiconductor industry. Building preferential tax policies and supporting startups in the technology sector will help create a favorable environment for the development of the industry.
In general, the semiconductor industry in Vietnam is on the rise, but it still needs to continue to improve infrastructure, improve the quality of human resources and strengthen international cooperation. With existing strategic advantages and reasonable steps in the future, Vietnam can become an important semiconductor production and development center in the region and the world.
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Border - Sea Island

11th Ocean Dialogue opened in Hai Phong
WVR/VNA - The 11th Ocean Dialogue, themed “Hybrid Activities: Helping or Hindering Order at Sea”, took place in the northern port city of Hai Phong on July 11, 2023.
11th Ocean Dialogue talks hybrid, grey zone activities: Some participants in the 11th Ocean Dialogue in Hai Phong city on July 11, 2023. (Photo: DAV)
The event, held by the Diplomatic Academy of Vietnam (DAV), the UK Embassy in Vietnam, and the Konrad Adenauer Stiftung (KAS) foundation’s Vietnam Office, attracted more than 100 delegates attending in person and over 50 others via videoconference, including 20 experts from 14 countries.
Participants discussed the trend of using hybrid activities by many countries in the region and the world, including grey zone activities in the East Sea. They shared viewpoints on hybrid activities and countries’ experience in responding to grey zone activities and looked to debate and make policy and legal proposals for managing activities to ensure order at sea.
In his opening remarks, DAV Vice President Dr Nguyen Hung Son said that hybrid activities are not a new phenomenon in the world. Many grey zone activities haven’t been fully identified or assessed on the basis of international law. The dialogue aimed to scrutinize the nature of those activities, the lack of goodwill in applying and interpreting international law, or the taking advantage of the unclear regulations of international law to weaken international law, thereby devising more effective response to this strategy.
Speakers at the event discussed hybrid and grey zone activities in the region, including the East Sea. They pointed out that hybrid activities combine traditional and non-traditional, military and non-military measures; are often conducted by non-state entities but supported by states; keep the situation below the red line of war; and often take place in transition zones between different spaces, entities, or rules.
11th Ocean Dialogue opened in Hai Phong: Dr. Nguyen Hung Son, Vice President of the Diplomatic Academy of Vietnam speaks at the 11th Sea Dialogue. (Photo: DAV)
They said grey zone and hybrid activities are posing legal challenges and affecting the international order. In particular, the development of technology has been making challenges from those activities clearer. Besides, grey zone activities occur not only in the field but also other aspects such as economy (sanctions, embargoes, trade restrictions) and information (intentional misinformation).
Suggesting some initiatives for countries in and outside the region to better manage hybrid activities and effectively respond to grey zone activities, the dialogue said countries should enhance the coordination of actions among relevant agencies; and improve the capacity of identifying grey zone challenges and differentiating hybrid activities with legal purposes from grey zone activities with illegal intentions.
Countries and international organizations should perfect the legal frameworks on hybrid activities. Besides, international cooperation is also the key for countries to coordinate actions to better manage hybrid activities, delegates noted.
The Ocean Dialogue, initiated by the DAV, aims to connect scientists to discuss marine science, policies, and legal frameworks towards sustainable ocean governance.