Prime Minister Pham Minh Chinh receives delegation of leaders of US semiconductor enterprises

The Prime Minister asked SIA to coordinate and support Vietnamese enterprises to participate in the global supply chain, promote cooperation activities in infrastructure investment, build training facilities, and semiconductor research and development centers - Photo: VGP/Nhat Bac

Welcoming the Chairman and the delegation of SIA business leaders to visit and work in Vietnam, Prime Minister Pham Minh Chinh highly appreciated the Chairman and SIA for having many activities and initiatives to support Vietnam in developing the semiconductor industry as well as connecting many SIA member businesses such as NVIDIA, AMD, Cadence, Marvell, ARM, Qorvo, LAM Research... to seek business and cooperation opportunities in Vietnam.

Emphasizing that within the framework of the Vietnam-US Comprehensive Strategic Partnership, innovation, especially in the semiconductor industry, is identified as an important new pillar in the bilateral relationship, Prime Minister Pham Minh Chinh said that Vietnam's Socio -Economic Development Strategy has identified breakthrough development in science and technology, innovation and digital transformation.

Vietnam continues to maintain macroeconomic stability, a peaceful environment, maintain independence, sovereignty, ensure national defense, security, social order and safety; at the same time, promote three strategic breakthroughs in institutions, infrastructure, human resources, administrative procedure reform, improve the investment and business environment, thereby creating new development space, reducing time, reducing costs, facilitating and meeting the needs of investors, increasing the competitiveness of goods, helping investors feel secure in long-term, sustainable and effective cooperation with Vietnam.

Regarding Vietnam's policies, potentials and advantages in promoting the development of science and technology, innovation and semiconductor chips, the Prime Minister said that Vietnam will have a support policy for major investors in this field in the spirit of "harmonious benefits, shared risks" between the State, businesses and people, "listening and understanding together, sharing vision and action together, doing together, winning together, enjoying together, developing together, sharing joy, happiness and pride".

The Prime Minister suggested that SIA continue to call on US corporations to cooperate and invest more extensively and effectively with Vietnam in the fields of semiconductors, artificial intelligence, cloud computing, etc., which are very important to the future of humanity as well as the development of each country; especially to coordinate and support Vietnamese enterprises to participate in the global supply chain, promote cooperation activities in infrastructure investment, build training facilities, and semiconductor research and development centers.

On this occasion, the Prime Minister asked the Chairman and SIA businesses to have a voice with the US government to continue promoting relations with Vietnam to become deeper, more substantial and more effective, to soon recognize Vietnam as a market economy and to remove restrictions related to high-tech exports to Vietnam.

SIA Chairman John Neuffer highly appreciated Vietnam's initiatives and efforts in developing the semiconductor industry, especially the industry development strategy issued by the Government and the training program for at least 50,000 semiconductor engineers - Photo: VGP/Nhat Bac

SIA Chairman John Neuffer expressed his delight at witnessing Vietnam's strong development and the ever-better relationship between Vietnam and the United States, affirming that Vietnam is an important and attractive destination for investors.

Mr. John Neuffer highly appreciated Vietnam's initiatives and efforts in developing the semiconductor industry, especially the development strategy of this industry issued by the Government and the training program for at least 50,000 semiconductor engineers. Vietnam has also made a lot of progress in this field in recent times, especially in diversifying and strongly developing the supply chain.

Believing that Vietnam has many advantages such as having an abundant and hardworking labor force, the world's leading; important infrastructure such as electricity, water, telecommunications, data centers... are being invested in synchronously and modernly; many international-scale technology enterprises such as Viettel have been formed..., the SIA Chairman said that enterprises in SIA, as well as US enterprises, are very interested in the US - Vietnam relationship and will continue to accompany and support Vietnam in developing the semiconductor industry, building a strong supply chain; contributing to continuing to promote and strengthen bilateral relations between the two countries.

Also at the meeting, the businesses in the delegation affirmed that they highly value the Vietnamese market, informed about their operations and plans to expand cooperation and investment in Vietnam in the coming time./.

Source: https://dangcongsan.vn/thoi-su/thu-tuong-pham-minh-chinh-tiep-doan-lanh-dao-cac-doanh-nghiep-ban-dan-hoa-ky-686166.html