The Da Nang – US cooperation promotion working group was launched in the Vietnamese central city on June 25.

Vietnam has the potential to meet the global semiconductor workforce need in short, medium and long terms, Minister of Information and Communications Nguyen Manh Hung told a recent seminar, highlighting Vietnam's strategic advantages in the rapidly growing industry.

Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.

VOV.VN - The semiconductor industry is expected to open up opportunities for Vietnamese businesses to step into the most modern and fundamental playground in the digital transformation process.

VOV.VN - Prime Minister Pham Minh Chinh and senior Vietnamese officials attended a panel discussion with global businesses in Davos, Switzerland, on January 16, examining ways to develop artificial intelligence (AI), automobile technology, semiconductor chips and ecosystems in Vietnam.

The central city of Da Nang has called for cooperation and investment programmes from Intel, Marvell Technology Group and Synopsys in building the city into a global semiconductor manufacturing centre.

VOV.VN - Intel has committed to further expanding its investment in Vietnam to diversify the group’s supply chain globally, said Ace Wilson, chief financial officer of Intel Corporation Vietnam, at the Vietnam - US Trade Forum on November 21.

VOV.VN - Many global tech giants have been pouring billions of US dollar into semiconductor chip production lines in Vietnam in an effort to get the lion’s share of the lucrative industry in the country, reports Cong Thuong (Industry and Trade) newspaper.

Foreign investment has proven itself as a dynamic economic sector, with significant contributions to the growth of the national economy as well as its integration into the world, heard a recent Hanoi workshop.

VOV.VN - The shifting of production and diversification of supply chains underway in numerous countries has helped Vietnam to become a popular destination for foreign investors.