Malaysia aims to develop semiconductor enterprises industry
Malaysian Deputy Minister of Investment, Trade and Industry (MITI) Liew Chin Tong said the government is committed to developing the semiconductor industry which is now a strategic income source for the country.
Malaysian Deputy Minister of Investment, Trade and Industry (MITI) Liew Chin Tong. (Photo: thesun.my)
KualaLumpur (VNA) 🐲– Malaysian Deputy Minister of Investment, Trade and Industry(MITI) Liew Chin Tong said the government iscommitted to developing the semiconductor industry which is now a strategicincome source for the country.
Speaking at the parliament on March 26, the deputy minister said trade and technologycompetition between China and the US in the semiconductor industry has benefitedMalaysia. According to Liew, this competition has ledmultinational semiconductor companies to make strategic decisions to build asecond supply chain and not to focus solely on one country to ensure a secureand resilient supply chain or “derisking”. He noted that manycompanies have selected Malaysia as a new location for their productionfacilities and the country has an advantage over other nations with a maturesemiconductor industry ecosystem since the 1970s, especially the E&Ecluster in Penang and Kulim, Kedah. He acknowledged that such investments are expected to continue toposition Malaysia as one of the key investment destinations in advancing theglobal chip industry, and the country should seize this golden opportunity to expandthe country’s semiconductor industry and become a high-value-addedsemiconductor producer with activities along the value chain, such asintegrated circuit (IC) design, wafer fabrication, assembly and testing as wellas technical marketing. Liew emphasised that thegovernment aims to ensure that investments in Malaysia will create value chainsthat create high-paying skilled jobs, adding that Malaysia wants to create a supply and value chain that encompasses localcompanies. The country aims to create 100 technology companies with an annual revenue of 1billion MYR (213 million USD) before 2030. Currently, Malaysia only has nine local technology companiesthat can generate 1 billion MYR ayear. Another 10 companies generate between 100 million MYR and 1 billion MYR a year, he said./.
Malaysian Deputy Prime Minister Ahmad Zahid Hamidi has said that the global demand for halal products is steadily increasing, with projections estimating a market worth 5 trillion USD by 2030.
Malaysia has seen a 25% increase in bilateral trade with Canada since 2018, bolstered by the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), which came into force in Malaysia in November 2022.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
Malaysian Deputy Minister of Investment, Trade and Industry (MITI) Liew Chin Tong. (Photo: thesun.my) 
