The country has attracted major tech firms, including Samsung Electronics, which launched a specialized master's degree program for top graduates. Intel and Amkor have also established local operations, leveraging the nation's young and skilled workforce.
Planning and Investment Minister Nguyen Chi Dung announced plans to streamline investment procedures and enhance incentives for foreign semiconductor firms, addressing key challenges including administrative processes and clean energy supply. About 50 global semiconductor companies have already invested in the country.
While Viet Nam currently has no semiconductor fabrication facilities, its strategic position and diplomatic ties with both China and the United States have made it an attractive destination for industry investment amid global supply chain shifts.
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