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Vietnam Semiconductor Innovation Network launched

The Vietnam Semiconductor Innovation Network made its debut on October 29 within the framework of the Vietnam Semiconductor Summit.
Vietnam Semiconductor Innovation Network launched ảnh 1Delegates launch the Vietnam Semiconductor Innovation Network. (Photo: VNA)
Hanoi (VNA) – The Vietnam Semiconductor Innovation Network made its debut onOctober 29 within the framework of the Vietnam Semiconductor Summit.

The network aims to gradually realise the developmentorientation of this industry, making Vietnam a reliable partner in the regionaland worldwide semiconductor ecosystem, thus enhancing the country's position inthe global value chain and modernising its economy.

Minister of Planning and Investment Nguyen Chi Dung affirmedthat Vietnam is committed to actively contributing to the innovation ecosystemof the world's semiconductor industry, and will become a reliable partner andan important link in the global semiconductor production and supply chain.

Vietnam has all necessary conditions and factors to develop thisindustry, he said, adding that the Government is always interested in promotinginvestment cooperation in this field.

Vietnam Semiconductor Innovation Network launched ảnh 2Minister of Planning and Investment Nguyen Chi Dung (Photo: VNA)
The country has built a human resources development projectwith a goal of forming a contingent of 50,000 engineers for this industry by2030, while issuing a lot of investment incentives for companies andgroups. Therefore, semiconductor investment projects in the high-tech sectorare given the best incentives within the framework of Vietnamese law, said theminister.

Vietnam has established the National Innovation Centre (NIC)and three high-tech parks in Hoa Lac (Hanoi), Ho Chi Minh City and central DaNang city with infrastructure ready to welcome investors in thesemiconductor industry, together with many preferential mechanisms. NIC andthese high-tech parks are expected to be important bridges to support thedevelopment of Vietnam's semiconductor ecosystem./.
VNA

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