Vietnam accelerates tech growth with new semiconductor plant and global partnerships
Vietnam is pushing ahead with major advancements in technology and international partnerships. On January 16, Deputy Prime Minister Nguyễn Chí Dũng met with key figures from the UN and Seoul Semiconductor in Hanoi to discuss cooperation in science, technology, and investment. The same day saw the groundbreaking of a new semiconductor plant, marking a significant step in the country's tech ambitions.
During the meeting in Hanoi, Deputy PM Dũng welcomed Amandeep Singh Gill, the UN's Under-Secretary-General and Envoy on Technology, along with Lee Chung-hoon, CEO of Seoul Semiconductor. Gill, who also advises the UN on artificial intelligence, discussed strengthening sci-tech ties between Vietnam and the global body. The talks focused on aligning cooperation with global trends and Vietnam's development needs.
Deputy PM Dũng urged the UN to expand support for digital capacity-building among Vietnamese experts and scientists. He also called for continued UN assistance to ensure effective implementation of joint sci-tech projects. Meanwhile, he encouraged Seoul Semiconductor to increase its investments in Vietnam and help local firms integrate into its supply chain.
On the same day, Vietnam began construction of a high-tech semiconductor manufacturing facility. This plant will support domestic research, design, and production of chips, reinforcing the country's focus on technological self-reliance.
Vietnam has identified key strategic areas for growth, including cloud computing, cybersecurity, data science, 5G, software development, IoT, and aerospace. These sectors, alongside semiconductors and AI, are central to Viettel's 2026 talent programmes—Viettel Digital Talent and Viettel Future Changemakers—which aim to drive national digital transformation through recruitment, training, and R&D. Applications for these initiatives remain open until March 15, 2026.
Seoul Semiconductor, a global leader in LED technology, has already committed US$525 million to a new optical semiconductor plant in Ninh Bình Province's Đồng Văn I Industrial Park. Founded in 1992, the company ranks as the world's third-largest LED component manufacturer, further boosting Vietnam's tech manufacturing capabilities.
Vietnam's focus on technology and innovation aims to achieve at least 10% growth by 2026. The new semiconductor plant, expanded UN cooperation, and Seoul Semiconductor's investment signal strong progress in the country's digital and industrial ambitions. These efforts are expected to enhance local expertise, production capacity, and global partnerships in key tech sectors.
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