Viet Nam to launch first locally-owned semiconductor chip factory in 2026

Pham made the statement in Ha Noi on November 6 during a meeting with a delegation from the Semiconductor Equipment and Materials International (SEMI). The delegation consists of 32 executives from SEMI and its member companies representing over 3,700 firms across the global semiconductor supply chain, who arrived in Viet Nam for the 2025 SEMIEXPO.

The Prime Minister noted that General Secretary To Lam has repeatedly reiterated Viet Nam's goal of achieving rapid and sustainable development based on science, technology, innovation, and digital transformation, with a strong focus on technological autonomy and competitiveness in strategic sectors, particularly semiconductors.

Viet Nam has already adopted a national semiconductor industry development strategy through 2030, with a vision to 2050, a program on semiconductor workforce development, and a list of 11 strategic technologies and products, said Pham.

He called on SEMI and global semiconductor enterprises to help Viet Nam to develop a comprehensive semiconductor ecosystem — from R&D and training of high-quality engineers to progressing beyond testing and packaging toward design, fabrication, and manufacturing, while integrating domestic firms into global value chains.

The Government chief affirmed that Viet Nam will continue to refine its legal framework, develop modern and synchronized infrastructure, enhance governance capacity and workforce quality, and simplify administrative procedures. This includes establishing a national one-stop investment service portal to support efficient and long-term investment in the local semiconductor ecosystem.

Dutch Ambassador to Viet Nam Kees Van Baar — who also serves as Chairman of the Southeast Asia Semiconductor Association — and representatives from international semiconductor companies expressed their admiration for Viet Nam's recent socio-economic progress and its strategic direction in science, technology, and semiconductors, which align closely with global trends and SEMI's objectives.

The delegates voiced support for Viet Nam's semiconductor development policies and proposed further improvements, including clearer regulations, simplified administrative procedures, English-language investment services, improved SME access to supply chains, and enhanced infrastructure such as clean energy and digital grids.

Eager to deepen cooperation, the delegates recommended that Viet Nam set clear strategic priorities and establish a national semiconductor association to strengthen links among government, industry, and academia. Such an initiative, they said, would drive policy coordination, research, training, financing, and supply-chain development — paving the way for Viet Nam to emerge as a leading semiconductor hub in the region and the world./.