PM: Vietnam aspires to develop semiconductor industry
Vietnam wishes to develop its semiconductor industry, Prime Minister Pham Minh Chinh told Vice President and CEO of Amkor Technology Ji Rong-rip during a reception in Hanoi on October 12.
Prime Minister Pham Minh Chinh (R) and Vice President and CEO of Amkor Technology Ji Rong-rip (Photo: VNA)
Hanoi (VNA) – Vietnam wishes to develop its semiconductor industry, PrimeMinister Pham Minh Chinh told Vice President and CEO of Amkor Technology JiRong-rip during a reception in Hanoi on October 12.
PMChinh said Vietnam is building a development strategy and a human resourcesdevelopment plan, along with appropriate regulations, policies and mechanisms,to attract the world’s leading semiconductor manufacturers and designers to thecountry. This initiative aims to promote collaboration with the Vietnamese firms,creating conditions to improve their capability and gradually join thesemiconductor industry value chain.
Vietnam will step up the training of high-quality workforcein semiconductor industry, with the goal of training 50,000 workers by 2030, hesaid, adding that Vietnam also advocates building a national semiconductorecosystem with the participation of various stakeholders, including the Government,businesses, support organisations, universities, research institutes, andfinancial institutions.
The PM suggested that based on mutually beneficialinterests and risk sharing, Amkor continue helping Vietnam developsemiconductor industry, especially in building mechanisms and policies,technology transfer, human resources training, governance capacity improvement,infrastructure and training facility building, R&D, design and testing, while also strengtheningcooperation with Vietnam National Innovation Centre (NIC).
The groupwas also urged to expand its investment earlier than schedule, increase therate of locally-made items, and make it easier for Vietnamese firms to explorecollaboration opportunities and join its global production chain.
He assigned the Bac Ninh provincial People's Committee towork closely with ministries and agencies to promptly resolve any feedback andproposals from the group, ensuring the best conditions for its operations inVietnam.
Ji, for his part, affirmed that Amkor will furthercontribute to Vietnam’s development and shape its semiconductor ecosystem inline with the suggestions provided by the PM.
He said Amkor wishes to employ highly skilled engineers andworkers in Vietnam while also mobilising senior engineers and experts from its otherfacilities worldwide.
He also promised to continue attracting other investors to Vietnamand adding the country into its global network.
Established in 1968 and headquartered in the US, AmkorTechnology is a pioneering semiconductor company that operates in both the US andthe Republic of Korea (RoK). It was the first company to produce semiconductorproducts and brought success and growth to the RoK in this field. Recently,Amkor h👍as inaugurated its new facility in Vietnam’s northern province of Bac Ninh./.
Despite daunting challenges in the trade sector across the globe, Vietnam has been persistent in its goal of luring high-quality foreign direct investment (FDI), with the semiconductor industry expected to breath fresh air into the nation’s economy.
Director of the Department of Science and Technology for Economic Technical Branches Nguyen Phu Hung has talked more about Vietnam’s recent strategic cooperation with Japan, the Republic of Korea, and the US in semiconductor chip development during an interview granted to Vietnam News Agency at the regular press conference of the Ministry of Science and Technology (MoST).
The central city of Da Nang has many opportunities to become a semiconductor centre of Vietnam and the world, heard a workshop on developing human resources to serve the semiconductor industry in the city on October 10.
The Republic of Korea's Amkor Technology, Inc., a global semiconductor packaging and test service provider, inaugurated its factory in Bac Ninh province on October 11.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
The ministry has instructed Vietnamese representative agencies in Israel, Iran, as well as those in neighbouring countries, to closely monitor the situation and request local authorities to ensure absolute safety for Vietnamese citizens living, studying, and working in high-risk areas.
Senior Vietnamese leaders on June 19 sent letters of congratulations to New Zealand leaders on the occasion of the 50th founding anniversary of Vietnam – New Zealand diplomatic relations (June 19, 1975 – 2025).
The Party chief attributed the achievements in the first half to the continuous, direct, and comprehensive leadership of the Politburo and the Secretariat of the Party Central Committee, and the close and effective coordination of relevant ministries, sectors and localities.
General Nguyen Tan Cuong, Chief of the VPA’s General Staff and Deputy Minister of National Defence reaffirmed Vietnam’s unwavering gratitude for Cuba’s invaluable support during its struggle for independence and nation-building efforts, and pledged to stand shoulder-to-shoulder with Cuba as it navigates current challenges.
Vietnam is a country with which Russia shares a special relationship. In the 1950s and 60s, particularly during Vietnam’s struggle for independence, the two countries forged a deep bond. While much has changed over time, the friendship and cooperation between our nations have endured, said Russian President Vladimir Putin.
For 50 years, Vietnam and New Zealand have worked together to uphold peace and prosperity for their peoples and the region. The friendship, cooperation, and mutual understanding Vietnam and New Zealand nurtured have grown from a seed into a deeply rooted, strong, and thriving tree, she stressed.
Since the Strategic Partnership was established in 2020, Vietnam and New Zealand have witnessed steady growth in the relations. Beyond the remarkable 40% increase in bilateral trade over five years, political relations and multilateral interactions, particularly within the CPTPP framework, have remained highly positive.
Known as the “four pillars for Vietnam’s ascend”, the Pobiburo's Resolutions 57, 59, 66, and 68 focus on cultivating a robust national entrepreneurial spirit, unlocking resources for innovation across society, and accelerating the development of digital economy, knowledge-based economy, green economy, and circular economy, propelling Vietnam forward rapidly and firmly on the path of modernisation and international integration.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
Prime Minister Pham Minh Chinh (R) and Vice President and CEO of Amkor Technology Ji Rong-rip (Photo: VNA) 
