Proposing the US to remove restrictions on high-tech exports to Vietnam

Thanh Hà |

The President of the Semiconductor Industry Association (SIA) assessed that Vietnam is very important and increasingly important to the US semiconductor industry.

According to the Government Newspaper, on the afternoon of December 10, Prime Minister Pham Minh Chinh received Mr. John Neuffer - President of the Semiconductor Industry Association (SIA), along with leaders of the country's leading semiconductor enterprises.

Mr. John Neuffer visited Vietnam twice in January 2023 and October 2023. This time, SIA organized a delegation of leading US semiconductor enterprises, including Intel, Ampere, Marvell, Cirrus Logic, Infineon, Skyworks to visit and work in Vietnam from December 10-11, 2024.

At the meeting, Prime Minister Pham Minh Chinh highly appreciated the Chairman and SIA for their many activities and initiatives to support Vietnam in developing the semiconductor industry, connecting many SIA member enterprises to seek business and cooperation opportunities in Vietnam.

The Prime Minister suggested that SIA continue to call on US corporations to cooperate and invest more extensively and effectively with Vietnam in the fields of semiconductors, artificial intelligence, cloud computing, etc., which are very important fields for the future of humanity as well as the development of each country; especially coordinating and supporting Vietnamese enterprises to participate in the global supply chain, promoting cooperation activities in infrastructure investment, building training facilities, and semiconductor research and development centers.

Along with that, the Prime Minister requested the Chairman and SIA enterprises to have a voice with the US government to continue promoting relations with Vietnam to become deeper, more substantial and more effective, to soon recognize Vietnam as a market economy and to remove restrictions related to high-tech exports to Vietnam.

In addition, Minister of Information and Communications Nguyen Manh Hung suggested that SIA promote cooperation and support among member enterprises to help Vietnam become a global center for semiconductor human resources.

Thu tuong Chinh phu de nghi SIA tiep tuc keu goi cac tap doan My hop tac, dau tu sau rong hon, hieu qua hon voi Viet Nam. Anh: VGP
The Prime Minister asked SIA to continue calling on US corporations to cooperate and invest more deeply and effectively in Vietnam. Photo: VGP

For his part, SIA Chairman John Neuffer expressed his delight at witnessing Vietnam's strong development and the better-than-ever relationship between Vietnam and the US, affirming that Vietnam is an important and attractive destination for investors.

He also highly appreciated Vietnam's initiatives and efforts in developing the semiconductor industry, especially the development strategy of this industry issued by the Government and the training program for at least 50,000 semiconductor engineers. Vietnam has also made a lot of progress in this field in recent times, especially in diversifying and strongly developing the supply chain.

He shared more about Vietnam's advantages, such as Vietnamese people being the world's most industrious workers; along with the construction of important infrastructures, such as electricity, water, telecommunications, data centers... and potential domestic partners such as Viettel.

Stating that there are many new and great opportunities for US businesses in Vietnam, SIA members highly appreciated the Vietnamese side's enthusiasm for cooperation. He said that SIA and US businesses are very interested in the US-Vietnam relationship and will continue to accompany and support Vietnam in developing the semiconductor industry and building a strong supply chain.

Assessing Vietnam as a reliable partner, the future in Vietnam is very bright, Vietnam is very important and increasingly important to the US semiconductor industry, in the strategy of SIA enterprises, the Chairman of SIA said that he will return to Vietnam many times and will continue to promote and strengthen bilateral relations between the two countries.

Also at the meeting, the businesses in the delegation affirmed that they highly value the Vietnamese market, informed about their operations and plans to expand cooperation and investment in Vietnam in the coming time.

Thanh Hà
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