Vietnam Unveils Semiconductor Development Blueprint for 2050

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2024-09-24

On September 22, Vietnam issued a decision regarding its semiconductor industry development strategy for 2050. The plan involves three phases: the first phase (2024-2030) focuses on selectively attracting foreign direct investment to establish foundational capabilities in research, design, production, packaging, and testing; the second phase (2030-2040) combines self-reliance with foreign investment to promote the development of the semiconductor and electronics industries; the third phase (2040-2050) aims to master research and development methodologies in the semicondu

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