Vietnam, S. Korea push for chip cooperation


Prime Minister Pham Minh Chinh established a national committee to oversee the development of the semiconductor industry, with he himself serving as the chairman. — Bloomberg

HANOI: The Korea Trade and Investment Promotion Agency in Hanoi (Kotra Hanoi), part of the Embassy of South Korea in Vietnam, held a conference on Vietnam-South Korea cooperation in the semiconductor industry this week.

Speaking at the event on Tuesday, South Korea’s ambassador to Vietnam Choi Young Sam said he believes that the event not only marks a milestone in traditional manufacturing sectors but also offer detailed solutions to advancing bilateral cooperation in the tech industry.

The South Korean Embassy in Vietnam, Kotra, and all South Korean agencies and organisations will strive to drive semiconductor cooperation between the two countries, he said.

Vo Xuan Hoai, deputy-director of the National Innovation Centre (NIC) under the Planning and Investment Ministry (MPI), said there are over 40 chip design companies and nearly 15 others involved in packaging, testing, and manufacturing semiconductor-related equipment in Vietnam. Many of them are from the South Korea, including Samsung, Hana Micron, and Amkor Technology.

To create an environment conducive for the Vietnamese semiconductor industry, the Vietnamese government has demonstrated significant political commitment to advancing the high-tech sector.

In relevant resolutions from the party, National Assembly and government, the semiconductor industry is considered a key area for future socioeconomic development.

Prime Minister Pham Minh Chinh also established a national committee to oversee the development of the semiconductor industry, with he himself serving as the chairman.

Hoai noted that the MPI has submitted a national strategy on semiconductor-industry development, and a scheme on human-resource development for the industry to the prime minister.

In the future, the MPI will submit a draft decree to the government to establish special mechanisms for the NIC, with specific provisions for semiconductor companies in the NIC, he added. — Viet Nam News/ANN

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