Vietnam is well-positioned to welcome and cooperate with semiconductor and artificial intelligence (AI) enterprises and investors from around the world, Minister of Planning and Investment Nguyen Chi Dung told a seminar held in Hanoi on October 1.

Vietnam’s leading ICT company FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry.

Trade between the Association of Southeast Asian Nations (ASEAN) and China’s Shanghai remained strong this year despite being affected by the COVID-19 pandemic, according to Xinhua news agency, which quoted data from Shanghai Customs.

The market for integrated circuits (IC) and semiconductors in Vietnam has huge potential, offering great investment opportunities for domestic and foreign enterprises, according to experts.

Vietnam and Japan will join hands to develop a semiconductor industry in Vietnam, as stipulated at a cooperation agreement signed between ICDREC and Japan’s Nagano science and technology fund.

Made-in-Vietnam integrated circuits (ICs) were introduced at SEMICON Japan, an international exhibition for the microelectronics manufacturing supply chain recently held in Tokyo.