Vietnam is shaping a semiconductor strategy until 2030, with a vision to 2035. It emphasizes active participation in the regional semiconductor ecosystem and attracting global business investments.
President Vo Van Thuong's bilateral activities in the US aim to realize cooperation agreements, which the leaders of both countries initiated during President Joe Biden's visit to Vietnam in September.
Such a project would present a valuable opportunity to contribute to the development of Hanoi, Vietnam, and the broader Vietnam-US relations.
US Secretary of Commerce Gina Raimondo pledged to push for the swift recognition of Vietnam's market economy status.
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FPT anticipates the creation of 3,000 additional jobs by 2028 and $1 billion in US market sales by 2030.
The US stands ready to collaborate with Vietnam in chip technology, semiconductors, innovation, green transition, and human resources development, with the latter's strong commitment to deeper engagement in global value chains.
US President Joe Biden underscored the historic significance of his visit, stressing its importance not only for the bilateral relations but also for the broader Indo-Pacific region and the world.
This marks President Biden's first visit to Vietnam since assuming office in early 2021, coinciding with the 10th anniversary of the establishment of the Comprehensive Partnership between the two nations.