Prime Minister Pham Minh Chinh (R) and Eduard Stiphout, Senior Vice President of ASML, in Hanoi on January 15. (Photo: VGP/Nhat Bac)

During the meeting, Prime Minister Chinh encouraged the group to support and connect qualified Vietnamese enterprises so they can participate more deeply in ASML’s global supply chain, hereby diversifying and enhancing the stability of the group’s supply chains in the Asian region.

The Prime Minister further suggested that ASML consider setting up a representative office in Vietnam to enhance direct engagement and reaffirm the group’s long-term strategic commitment to cooperation with the country.

At the meeting (Photo: Nhat Bac/VGP)

In addition, the Prime Minister called on ASML to support Vietnamese companies in developing digital infrastructure, semiconductor manufacturing, research, testing, and technical services; to provide advice on technology standards; and to transfer management experience, thereby gradually building domestic production capacity.

Prime Minister Chinh affirmed that the Vietnamese Government is committed to creating the most favorable conditions for foreign enterprises, including ASML, to invest and operate successfully and sustainably in the country.

Mr. Eduard Stiphout said ASML is studying the possibility of expanding its supply chain in Vietnam, cooperating in the establishment of a training, research, and development center, considering an official presence in the country, and exploring opportunities to supply equipment to potential customers in Vietnam. These efforts, he noted, would contribute to the development of a semiconductor ecosystem in Vietnam.