Vietnam boosts cooperation with ASML in semiconductor development

Vietnam is stepping up efforts to develop its semiconductor industry through cooperation with ASML, the world’s leading semiconductor equipment manufacturer from the Netherlands, the Vietnam News Agency quoted the Ministry of Finance (MoF) as reporting.

Finance Minister Nguyen Van Thang has recently held a working session with Mr. Eduard Stiphout, Senior Vice President in charge of strategic supply chain and procurement at ASML.

At the meeting, Mr. Thang highly appreciated ASML’s growing interest in the Vietnamese market, noting that the group’s dispatch of senior executives to Vietnam and its active participation in SEMIExpo Vietnam 2025 demonstrated a strong commitment to long-term strategic cooperation.

He proposed that ASML coordinate with the Dutch Embassy in Vietnam, the National Innovation Centre (NIC) and relevant partners to develop a comprehensive roadmap, appropriate financial mechanisms, and public–private resource mobilisation models to soon establish a semiconductor training, research and development centre at the NIC’s Hoa Lac campus.

He also called on ASML to help connect qualified Vietnamese enterprises to participate more deeply in the group’s global supply chain, as well as help Vietnamese firms develop manufacturing, research and testing infrastructure, with a view to gradually forming domestic production capabilities and supporting the establishment of Vietnam’s first chip manufacturing plant.

Training programmes, expert exchanges, internships and scholarship support in the semiconductor field were also highlighted as key areas of cooperation to help build a pool of Vietnamese engineers and specialists capable of meeting the stringent technical standards of ASML and the global semiconductor equipment industry.

For his part, Mr. Stiphout said that ASML is studying the possibility of expanding its supply chain in Vietnam, cooperating to establish a semiconductor training and R&D centre at the NIC with support from the Dutch Government, and considering setting up an official presence in Vietnam in the near future. The group is also assessing opportunities to supply equipment to potential customers in the country.