Many major companies from the US and the European Union (EU) are pouring more investment and building supply chains in Vietnam, he stressed, noting that this reflects Vietnam’s growing importance in global supply chains.
Expressing his delight at the positive and substantive progress in the Vietnam–US Comprehensive Strategic Partnership, the Party chief affirmed that Vietnam attaches importance to developing relations with the US, wishing that the bilateral relationship will continue to develop intensively, effectively and stably in various fields, especially in economy, trade and investment, science - technology, innovation, education - training, for the benefit of the people and businesses of the two countries.
Activities of the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit, Vietnamese leaders' meetings with foreign guests on the sidelines of the event, and the second full-scale rehearsal for the celebration of the 50th anniversary of the Liberation of the South and National Reunification are among news highlights on April 16 evening.
Deputy PM Nguyen Chi Dung said Vietnam boasts advantages for developing the AI and semiconductor industries, noting that the country already has a relatively strong ecosystem for the sector.
Vietnam’s flexible approach to AI regulations has enabled the country to leverage its geopolitical advantages, skilled workforce, and innovation ecosystem for sustained technological progress.
By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
Vietnam has chances to become a technology hub in region, ST Liew, Vice President of Qualcomm CDMA Technologies Asia-Pacific Pte. Ltd., and President of Qualcomm South East Asia, Australia and New Zealand, has said.
Minister of Information and Communications Nguyen Manh Hung expressed his hope for stronger partnerships between Qualcomm Incorporated and technology companies of Vietnam, while receiving an executive of the US firm in Washington D.C. on May 12.
Ten startups in promising new technology areas will receive financial benefits of 10,000 USD each from Qualcomm, and be invited for months of technical and business incubation, the semiconductor producer announced on March 16.
US companies are seeing Vietnam as a "land of hope" following US Vice President Kamala Harris's visit to the Southeast Asian nation from August 24-26, reported the Vietnam Investment Review.
Amid its intensive integration into the world, Vietnam is becoming a magnet for new-generation foreign direct investment (FDI). A more competitive economy will create momentum for promoting markets, including the labour market which is witnessing swift changes.
