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Vietnam welcomes and encourages investors in this field with appropriate and specific mechanisms.

Confidence reached a one-year high as close to 55% of respondents expressed optimism.

Manufacturers in Vietnam returned to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output.

The Vietnamese Government is committed to putting in place policies and mechanisms that encourage substantial capital and investment from prominent players in the semiconductor sector.

The US chipmaker's CEO recognized Vietnam’s mathematical prowess, strong software capabilities, and strategic position in semiconductors and artificial intelligence development.

This toolkit is unique in Vietnam, featuring a pillar dedicated to assessing enterprises' digitalization of their green transition and adopting environmentally friendly business practices.

Chinese investors have poured nearly $4 billion into Vietnam in January-November 2023.

Expanding investment will help close the gap between Vietnam's small and medium-sized enterprises and international counterparts.

VinES and Li-Cycle have announced a strategic, long-term battery recycling agreement.

With market demand improving and new orders returning to growth, optimism continued to grow regarding production prospects for the year.

Hanoi targets to start in 2023 the construction of 34 new industrial parks.

The new manufacturing plant is set to be completed by the end of 2023 in the sizable hi-tech industrial zone.

Continued expansions in output and employment alongside muted price and supply pressures may help the sector remain in growth territory as the end of the year approaches.

Hopes for improvements in market demand and new orders, alongside confidence that the Covid-19 pandemic will remain under control, supported optimism in production prospects for the coming year.

The event will continue to empower manufacturing and related industries to leverage Industry 4.0 for sustainable business development.

Business sentiment continues to improve with 57% of respondents predicting that output will increase over the coming 12 months, against 9% that expected a decrease.