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NVIDIA to turn Viet Nam into major chip manufacturing hub

VGP - NIVIDIA – the world's largest chip manufacturer – wants to set up a chip production center in Viet Nam in a bid to help the Southeast Asian country to develop a semiconductor and artificial intelligience (AI) ecosystem.

December 10, 2023 9:04 PM GMT+7
NVIDIA to turn Viet Nam into major chip manufacturing hub- Ảnh 1.

Prime Minister Pham Minh Chinh welcomes NIVIDIA CEO Jensen Huang at the Government Office in Ha Noi on December 10, 2023. Photo: VGP

NIVIDIA CEO Jensen Huang made the above statement during his meeting with Vietnamese Prime Minister Pham Minh Chinh in Ha Noi on December 10.

Huang said his company has invested around US$250 million in Viet Nam.

The fine relations between Viet Nam and the U.S. would help facilitate cooperation between the two countries in semiconductor and AI domains, noted Huang.

He spoke highly of Viet Nam's clear vision and approach as well as its bright future for the aforesaid sectors.

Prime Minister Pham said he attaches importance to Huang's Viet Nam visit, which would contribute to concretizing the agreements reached during President Joe Biden's visit to Viet Nam last September.

Viet Nam has around 6,000 engineers working at domestic and foreign enterprises and targets to train 50,000 high-quality engineers, with a particular focus on those specializing in semiconductor chip design, by the end of this decades, said Pham.

On the other hand, Viet Nam sends nearly 30,000 students to the U.S. each year, becoming the US's top source of international students in ASEAN and the fifth globally, said Pham, adding that about 2.2 million overseas Vietnamese are also living in the U.S.

Earlier on December 7, Prime Minister Pham hosted a reception for Mr. John Neuffer who lead a delegation of leaders of major U.S. semiconductor companies including Intel, Qualcom, Ampere and ARM on a working visit to Viet Nam, in Ha Noi on December 7.