Hanoi (VNA)🐷 – Vietnam is striving to become a leading regional technology hub, seizing opportunities from the Fourth Industrial Revolution.
At the policy forum on March 14, Deputy Minister of Finance Nguyen Duc Tam reaffirmed the country’s commitment to integrating into the global semiconductor and AI ecosystem—two key pillars of modern technology and the digital economy.
According to Deputy Minister Nguyen Duc Tam, the Ministry of Finance will gather expert feedback, coordinate with the Ministry of Science and Technology and other agencies, and propose strategic solutions to the government. (Photo: VietnamPlus)
Seizing a golden opportunity
Vietnam is at a pivotal moment as it works towards industrialisation, aiming for upper-middle-income status by 2030 and high-income status by 2045.
Recognising science, technology, and innovation as strategic priorities, the government has introduced strategic policies to attract investment and build a dynamic innovation ecosystem.
Recent legislative measures include National Assembly Resolution No. 193 on piloting some special mechanisms and policies to create breakthroughs in science-technology development, innovation, and national digital transformation, and Government Decree No. 182, which facilitates investment support.
Additionally, a national AI strategy and a semiconductor industry roadmap outline ambitious goals, including training at least 50,000 skilled semiconductor professionals by 2030.
Vietnam’s proactive approach is already yielding results. The country is among six selected by the US under the CHIPS Act to strengthen the global semiconductor supply chain, drawing major international technology firms.
Leading domestic corporations such as Viettel, Vingroup, FPT, and CMC are also expanding AI and semiconductor R&D.
The policy forum “Vietnam proactively develops the semiconductor and Artificial Intelligence industries in the new era” on March 14. (Photo: VietnamPlus)
At the International Conference on Artificial Intelligence and Semiconductors (AISC 2025) on March 12-13, Vietnamese government agencies engaged with global experts to explore AI applications in semiconductor design, production, and innovation.
Strengthening Vietnam’s global tech standing
As one of Southeast Asia’s fastest-growing digital economies, a strategic geopolitical location, and a skilled workforce, Vietnam is increasingly attracting major players in the semiconductor and AI industries.
At the forum, experts shared recommendations for Vietnam to secure its place on the global technology map.
Christopher Nguyen, CEO and founder of Aitomatic, highlighted key factors for leveraging advanced technologies to boost competitiveness.
Technological self-sufficiency is vital for Vietnam’s digital economy, he said.
FPT Chairman Truong Gia Binh affirmed the readiness of Vietnamese enterprises to adopt technology transfers and build an innovation ecosystem.
Prime Minister Pham Minh Chinh describes AI and semiconductors as a “golden” opportunity for Vietnam to attract investment and intellectual resources, positioning the country as a regional and global technology hub. (Photo: VietnamPlus)
The forum also marked the launch of key initiatives by the National Innovation Centre and its partners, including the 2025 Vietnam Innovation Challenge, focused on developing an open-source Vietnamese language database for AI research.
Speaking at the event, Prime Minister Pham Minh Chinh reiterated Vietnam’s ambition to become a key player in the global semiconductor and AI value chain. He emphasised the need for collective efforts, highlighting expert consensus, strong industry support, and the readiness of Vietnam’s AI and semiconductor ecosystem.
Vietnam is determined to establish itself as a trusted partner for leading international corporations./.
In the current phase, effectively implementing the resolution will help Vietnam escape the middle-income trap, build a knowledge-based economy, and rise to become a technology-driven and innovative nation, Nghia stated.
Developed by Intel, “AI for All” is a self-paced online learning programme tailored for everyone - from students and office workers to parents and senior citizens.
Three Vietnamese engineers have won Gold Award at The Global AI Challenge for Building E&M Facilities 2025, held in the Hong Kong Special Administrative Region (China).
With the government's strong direction and active participation from businesses and citizens, national digital transformation is deepening, with a focus on building a digital government, economy, and society.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
