VIETNAM IS GRADUALLY ASSERTING ITS POSITION IN THE GLOBAL SEMICONDUCTOR VALUE CHAIN

Under the wise leadership of the Party and the State, Vietnam's semiconductor industry is making steady progress, demonstrating strong political determination in the country's economic and technological development.

A proud achievement in the implementation of the National Strategy

On March 10, 2026, the National Steering Committee for Semiconductor Industry Development solemnly opened its First Session of 2026, chaired by Deputy Prime Minister Nguyen Chi Dung. The session comprehensively assessed the results of implementing the Vietnam Semiconductor Industry Development Strategy to 2030 and the vision to 2050, at the same time, identified key directions and tasks for the future.

Practical experience confirms that Vietnam is present in all stages of the global semiconductor value chain. To date, the country has attracted more than 50 chip design companies with a team of approximately 7,000 high-quality engineers, along with many large-scale packaging and testing projects. Total foreign direct investment (FDI) in the semiconductor sector has reached over US$14.2 billion with 241 projects, clearly demonstrating the attractiveness of Vietnam's investment environment. In particular, the groundbreaking ceremony for the first high-tech semiconductor chip manufacturing plant in Vietnam on January 16, 2026, is a historic milestone, marking a significant turning point in the country's progress towards mastering core technologies.

Human Resources – A Sustainable Foundation for Development

Deeply aware that people are the central and decisive factor, the Party and State of Vietnam have focused on investing in the training of high-quality human resources in the semiconductor field. Currently, the country has more than 240 universities, training approximately 134,000 engineering students each year, including about 6,000 integrated circuit design engineers – a valuable resource serving the development of the country's semiconductor industry.


Implementing the National Strategy decisively and synchronously

The report from the Ministry of Science and Technology shows that the implementation progress of the Strategy is on schedule: 10 out of 38 projects and tasks have been completed on time; 24 out of 38 projects are being implemented according to schedule; and 4 out of 38 projects have not yet reached the implementation deadline. Notably, no projects or tasks are behind schedule – a result reflecting the discipline and responsibility of all levels and sectors.

To date, 25 localities have issued their own plans to implement Decision No. 1018/QD-TTg and Decision No. 1017/QD-TTg of the Prime Minister, demonstrating the proactive and positive involvement of the entire political system.

Strategic Orientation for a New Development Phase

Concluding the meeting, Deputy Prime Minister Nguyen Chi Dung emphasized the favorable international context: the global semiconductor industry continues to experience strong growth and profound restructuring amidst the artificial intelligence (AI) revolution and global digital transformation. Southeast Asia, especially Vietnam, is increasingly asserting its role as a crucial link in the global semiconductor value chain, particularly in chip packaging and testing.

Based on this, the Deputy Prime Minister outlined key breakthrough tasks: selecting 3-5 strategic semiconductor chip lines for focused development; piloting a mechanism for the State to order Vietnamese chip products for national defense, security, and digital transformation; building a "three-party" linkage model (State – University – Enterprise) to form and expand Vietnamese-branded chip design units; and effectively operating the National Semiconductor Chip Produced Production Center. Promoting international cooperation in training, technology transfer, and improving institutions and policies to create a favorable legal framework.

With the spirit of "Unity – Discipline – Determination – Action," the entire Vietnamese semiconductor industry is entering a new phase of development, realizing the aspiration to bring the country into deep and effective participation in the global semiconductor value chain, making a worthy contribution to the cause of building and protecting the Fatherland in the digital age.
Vietnam maps showing administrative units, sources of critical raw materials and industrial zones locations.