A delegation of the US Semiconductor Industry Association (SIA), led by its Chairman John Neuffer, and including leaders of technology giants such as Intel, Ampere, Marvell, Cirrus Logic, Infineon, and Skyworks, is on a working visit to Vietnam on December 10-11.

Receiving the delegation in Hanoi on December 10, Prime Minister Pham Minh Chinh applauded Mr. Neuffer and the SIA for their initiatives and proactive role in supporting Vietnam to develop the semiconductor industry as well as in connecting member companies to explore business and cooperation opportunities in Vietnam.

PM Chinh proposed the SIA to encourage US companies to invest more effectively in Vietnam's semiconductor, artificial intelligence and cloud computing, particularly helping Vietnamese firms join the global supply chain, promoting investment in infrastructure, and establishing training facilities and R&D centers for semiconductors.

He also affirmed Vietnam’s incentives for investors in science-technology, innovation and semiconductor chips.

Mr. Neuffer lauded Vietnam as a prime investment destination, with initiatives and efforts in developing the semiconductor industry.

He highlighted Vietnam's progress in diversifying and developing its supply chain as well as its advantages, such as an abundant and diligent workforce, alongside modern electricity, water, telecommunications and data center infrastructure and several internationally renowned technology companies like Viettel.

SIA members and US enterprises will continue to support Vietnam's efforts to develop the semiconductor industry and strong supply chain, he said.

Members of the delegation reaffirmed their strong commitments to the Vietnamese market, and shared updates on their operations and plans to expand investment in the near future.