Neuffer and leaders of major US semiconductor companies like Intel, Qualcom, Ampere, and ARM met Prime Minister Pham Minh Chinh on Thursday in Hanoi.

Host and guests praised the cooperation potential of Vietnam-US partners in the semiconductor industry, and said they believe semiconductor cooperation will open up many opportunities for businesses of the two countries to capitalize on the advantages of each side.

Mr. Chinh said Vietnam is building a human resources development strategy and project and aims to train 50,000 to 100,000 highly-skilled engineers by 2030, while creating other incentives to attract foreign semiconductor manufacturers, designers, and developers to Vietnam.

He called on SIA to push the US to recognize Vietnam's market economy status and eliminate unnecessary controls in technology transfer.

The PM called for greater cooperation in technology transfer, research, production, workforce training, building of laboratories, and helping Vietnamese firms join the  global semiconductor supply chain.

Mr. Chinh also called for collaboration in building and fine-tuning mechanisms and policies to sustainably develop the semiconductor industry.

Neuffer said US businesses are ready to strengthen relations, boost investment, and cooperate with Vietnam in the semiconductor industry, especially in training a high-quality workforce and promoting mutually beneficial relations between the two countries.