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PM urges Qualcomm to deepen investment in core tech, semiconductors

The PM lauded Qualcomm’s two-decade partnership with Vietnam, spanning mobile connectivity, technology transfer, artificial intelligence (AI) research, STEM education, startup incubation, and innovation ecosystem development.
PM Pham Minh Chinh (R) and Qualcomm President and CEO Cristiano Amon (Photo: VNA)
PM Pham Minh Chinh (R) and Qualcomm President and CEO Cristiano Amon (Photo: VNA)

Hanoi (VNA) 𝔉- Prime Minister Pham Minh Chinh urged Qualcomm Inc., the US chip and wireless technology giant, to continue expanding investment in Vietnam, with a focus on core technologies and higher-value segments of the semiconductor supply chain, during a reception in Hanoi on August 12 for its President and CEO Cristiano Amon in Hanoi.

The PM lauded Qualcomm’s two-decade partnership with Vietnam, spanning mobile connectivity, technology transfer, artificial intelligence (AI) research, STEM education, startup incubation, and innovation ecosystem development. He highlighted Qualcomm’s launch of an AI research and development centre in Hanoi, now its third-largest globally after the US and India. He congratulated Qualcomm and the state-owned Vietnam Posts and Telecommunications Group (VNPT) on signing an agreement during Amon’s visit to establish the VNPT–Qualcomm Centre of Excellence. He outlined Vietnam’s economic targets, aiming for 8.3-8.5% GDP growth in 2025 and double-digit growth in the coming years, fueled by knowledge, sci-tech, innovation, and digital transformation. He also urged Qualcomm to partner with Vietnamese companies, research institutes, universities and the National Innovation Centre to foster a startup ecosystem, integrate local firms deeper into Qualcomm’s global supply and production chains, and share expertise in governance, institutional reform and workforce training. He pointed to new incentives for foreign experts and scientists in hi-tech industries, including visa exemptions.
The Vietnamese Government is committed to a favourable business environment for profitable and efficient operations, based on a principle of working together, winning together, sharing joy and happiness, harmonising benefits and sharing risks, he said. Amon, in reply, expressed optimism about Vietnam’s growth prospects and cooperation opportunities, praising Vietnam’s policies on sci-tech, innovation and digital transformation, as well as the rapid progress of Qualcomm’s Vietnamese partners such as Viettel, VNPT and FPT.
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At the reception (Photo: VNA)
He detailed plans to collaborate in AI, semiconductors, Internet of Things (IoT) devices, electronics and smartphones, with the aim of making Vietnam a regional R&D hub, particularly for AI, saying that Qualcomm stays ready to nurture skilled Vietnamese talent. Qualcomm, valued at about 160 billion USD, is a global leader in advanced wireless and 5G technology and is expanding into Edge AI. It has operated in Vietnam for over two decades, launching its first Southeast Asia R&D centre in Hanoi and recently acquiring a generative AI company from VinAI/Vingroup to bolster its AI capabilities. Over the past two decades, Qualcomm has run multiple programmes to develop Vietnam’s innovation ecosystem, including the Qualcomm Vietnam Innovation Challenge, which has incubated 29 tech startups, raised over 32 million USD in funding, commercialised 25 products, registered 87 patents, and collaborated with Viettel and VNPT to advance 5G and WiFi technologies./.
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An article published on Yonhap News Agency’s website on August 11 about the meeting between General Secretary To Lam and RoK President Lee Jae Myung. (Photo: VNA)

🍬 RoK media highlights Party Chief To Lam’s state visit

The Republic of Korea (RoK)’s media continued to provide extensive coverage on August 12 of the State visit to the country by General Secretary of the Communist Party of Vietnam Central Committee To Lam, his spouse Ngo Phuong Ly, and a high-level Vietnamese delegation from August 10-13.
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Vietnam, Laos enhance SOE reform cooperation

Tran Luu Quang, Secretary of the Communist Party of Vietnam (CPV) Central Committee and head of its Commission for Policies and Strategies, underlined that the exchange of experience in building socio-economic development policies, refining institutions and policies, and particularly in SOE reform, is a practical and significant approach that contributes to maintaining stability and fostering development in both countries.
Vietnamese Deputy Minister of National Defence Sen. Lieut. Gen. Hoang Xuan Chien and Hugh Jeffrey, Deputy Secretary of Strategy, Policy, and Industry at the Australian Department of Defence, and other delegates at the 8th Vietnam – Australia Defence Policy Dialogue in Hanoi on August 12. (Photo: VNA)

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Chien reaffirmed Vietnam’s stance on the settlement of disputes through peaceful measures in accordance with international law, particularly the 1982 UN Convention on the Law of the Sea (UNCLOS), as well as full implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) and early finalisation of a substantive, effective Code of Conduct in the East Sea (COC).
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Vietnam, Cuba sign agreement in judicial sector

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Eighty years since the historic autumn of 1945, the Vietnamese nation has overcome countless challenges to gain its independence and gradually develop thanks to the revolutionary path that is both resolute and flexible under the leadership of the Party.
Party General Secretary To Lam speaks at the state banquet in Seoul on August 11. (Photo: VNA)

🐼 RoK President hosts state banquet for Vietnamese Party chief

Party General Secretary To Lam said since Vietnam and the RoK established their diplomatic ties in 1992 and upgraded their ties to a Comprehensive Strategic Partnership in 2022, they have enjoyed expanded collaboration, delivering tangible benefits to their peoples and businesses.
Party General Secretary To Lam delivers a keynote address at Yonsei University (Photo: VNA)

ဣ Party leader delivers keynote address at RoK’s Yonsei University

Vietnam and the RoK should maintain regular exchanges at all levels, especially high level, across the Party, State, Government, National Assembly, and people-to-people channels; expand cooperation in diplomacy, national defence-security, economy, and sci-tech; and effectively realise existing cooperation mechanisms and agreements, said Party leader To Lam.
Vietnam’s Party General Secretary To Lam (left) and RoK Prime Minister Kim Min-seok at their meeting in Seoul on August 11. (Photo: VNA)

🀅 Party chief suggests Vietnam, RoK further open markets for each other’s goods

Party General Secretary Lam called on the RoK to help enhance the capacity of Vietnamese firms to integrate more deeply into the global supply chains of Korean companies, and to encourage Korean businesses to expand investment in Vietnam, particularly in infrastructure development, high-tech electronics manufacturing, semiconductors, artificial intelligence, renewable energy, and smart cities.
Party General Secretary To Lam’s spouse, Ngo Phuong Ly, meets with Vietnamese brides in Seoul on August 10. (Photo: VNA)

♓ Party chief’s spouse meets with Vietnamese brides in RoK

Vietnamese brides in the Republic of Korea urged educational support, particularly access to Vietnamese language classes for their children, age-appropriate curricula, and resources for single mothers while meeting with Ngo Phuong Ly, spouse of Party General Secretary To Lam.
At the talks between General Secretary of the Communist Party of Vietnam Central Committee To Lam and President of the Republic of Korea Lee Jae Myung. (Photo: VNA)

🎶 Vietnamese Party General Secretary holds talks with Korean President in Seoul

President of the Republic of Korea (RoK) Lee Jae Myung emphasised that the first visit to the RoK by General Secretary Lam in his capacity as the top leader of Vietnam holds special significance as it creates strong momentum for enhancing mutual understanding, strengthening political trust, and further promoting the RoK – Vietnam Comprehensive Strategic Partnership in the next phase.
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