PM calls on US firms to invest in semiconductor, AI, cloud computing

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(VOVWORLD) - Prime Minister Pham Minh Chinh hosted a reception in Hanoi on Tuesday for a delegation of the US Semiconductor Industry Association (SIA) led by its Chairman John Neuffer. The delegation included leaders of tech giants such as Intel, Ampere, Marvell, Cirrus Logic, Infineon, and Skyworks.
PM calls on US firms to invest in semiconductor, AI, cloud computing - ảnh 1Prime Minister Pham Minh Chinh receives SIA Chairman John Neuffer in Hanoi, December 10, 2024. (Photo: VNA)

The PM said Vietnam has the potential, incentive policies, and advantages to promote science, technology, innovation, and the semiconductor industry.

He urged the SIA to encourage US companies to invest more in Vietnam's semiconductor, artificial intelligence and cloud computing, particularly helping Vietnamese firms join the global supply chain, promoting investment in infrastructure, and establishing training facilities and R&D centers for semiconductors.

Chairman Neuffer lauded Vietnam as a prime investment destination, with initiatives and efforts in developing the semiconductor industry. 

He highlighted Vietnam's progress in diversifying and developing its supply chain as well as its advantages, such as an abundant and diligent workforce, alongside modern electricity, water, telecommunications and data centre infrastructure and several internationally renowned technology companies like Viettel.

SIA members and US enterprises are interested in US-Vietnam relations and will continue to support Vietnam's efforts to develop the semiconductor industry and strong supply chain, he said.

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