Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Vietnam-US Partnership Boosts Semiconductor Industry

The upgrade of the Vietnam-US bilateral relations to a Comprehensive Strategic Partnership has created opportunities for Vietnam to attract more high-quality investments in the fields of innovation and advanced technology.

Prime Minister Pham Minh Chinh recently attended a meeting with chief executive officers of leading United States enterprises in the semiconductor industry in Washington DC. According to a report, American business representatives spoke highly of Vietnam’s semiconductor industry’s potential, noting the presence of high-quality human resources and the continuously advancing capabilities of local enterprises and training establishments in the country.

Image credit: VNA

They believed that the possibility for cooperation between the two countries in the semiconductor industry is substantial and holds great significance for the development of bilateral relations in the new era. During the meeting, participants explored investment prospects in Vietnam and put forth collaborative strategies to nurture a semiconductor ecosystem. They suggested that in the long run, American companies could consider establishing chip factories in Vietnam.

The Prime Minister urged the United States semiconductor enterprises to increase their investment in Vietnam across all stages of the semiconductor industry, including infrastructure development, technology transfer, design, production, distribution, and manpower training. The collaboration should involve businesses, research institutions, and training establishments from both countries.

This approach will pave the way for enhancing the quality of human resources and the capabilities of Vietnamese companies, enabling the country to further engage in the value and supply chains of the global semiconductor industry.

Developing Vietnam’s semiconductor industry aligns with the current global trend and harnesses the potential and resources available in the country. Moreover, it brings about tangible benefits for people, therefore, the Minister noted that Vietnamese citizens will actively participate and contribute to the process.

He claimed that the government and relevant ministries and sectors are committed to creating an equal and healthy business environment. They will offer optimal conditions for foreign enterprises, including United States semiconductor companies, to operate in Vietnam stably, effectively, and sustainably.

At the event, three significant memoranda of understanding (MoUs) were signed by Vietnam’s National Innovation Centre (NIC) under the Ministry of Planning and Investment (MoPI) with American partners. The agreements aim to bolster design capabilities, advance product development, and enhance the training of human resources dedicated to the semiconductor industry.

One of these MoUs signed with an electronic design automation company, is geared towards providing support for the establishment of a chip design incubation centre. The second agreement was formulated to foster the growth of Vietnam’s semiconductor and electronics sector. Within this partnership, NIC will offer Vietnamese universities, training centres, and startups the necessary technology and training programmes to design and develop semiconductor products.

Under the third agreement, NIC will work with an American university to engage with Vietnamese research institutes and educational organisations to develop training programmes and share research in the domains of semiconductors and related fields. Additionally, they will actively seek and leverage appropriate sources of funding to enhance the capacity of the workforce in the semiconductor industry.

Founded in 2019, NIC supports and develops Vietnam’s startup and innovation ecosystem. Its mission is to modernise the country’s economic growth model by harnessing the power of science and technology. In October, NIC will inaugurate its new research centre located in the Hoa Lac High-Tech Park in Hanoi. This facility will include a chip design incubation centre equipped with cutting-edge technologies from key partners of NIC.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.