Vietnam Accelerates Semiconductor Industry Development as National Strategic Priority

As Vietnam implements the Politburo's Resolution No. 57-NQ/TW on breakthroughs in science, technology, innovation and national digital transformation, the development of a domestic semiconductor industry has become an important strategic priority. Semiconductors are the backbone of the digital economy and a strategic technology in global competition. To gradually master this field, Vietnam needs not only a highly skilled workforce but also a stronger innovation ecosystem. The launch of the national semiconductor chip prototyping support centre is expected to accelerate the country's drive towards technological self-reliance. Vietnam's semiconductor ecosystem now comprises around 60 chip design companies, some 7,000 chip design engineers and 166 universities offering semiconductor-related training programmes. Initial registrations from 12 organisations indicate demand for the prototyping of approximately 30,000 chips. In the new energy economy, value will increasingly come not only from underground resources but also from technology, data, infrastructure, operational capabilities and supply chain connectivity. Tan Mingming, Deputy Director of the Foreign Affairs Office of the Dezhou Municipal People’s Government, told Vietnam News Agency reporters that the city has spent years deliberately tightening its links with the Association of Southeast Asian Nations (ASEAN), with Vietnam seen as a key partner. Thang spoke highly of Central Retail’s contributions to trade promotion programmes and efforts to connect Vietnamese goods with consumers, and urged the group to continue developing new initiatives to promote and build brands for Vietnam’s key products. Against a backdrop of persistent uncertainty in global commerce, the Government is implementing a broad range of measures to strengthen export growth during the remainder of the year. These include expanding overseas markets through economic diplomacy, maximising the benefits of free trade agreements (FTAs), streamlining administrative procedures, reducing logistics costs, improving access to credit and helping businesses overcome trade barriers. Authorities are also encouraging deeper processing, official cross-border exports and greater market diversification to improve the competitiveness of Vietnamese products. The continued choice of Vietnam by global buyers as a sourcing destination reflects the country’s growing position in international supply chains. At 8:25, both Vietcombank and BIDV listed the buying rate at 26,110 VND/USD, and the selling rate at 26,490 VND/USD. Under Decree No. 263/2026/ND-CP, qualified projects are given priority to participate in State support programmes as well as funds and policies on research and development, technological innovation, technology transfer, human resource training, investment promotion and trade promotion. The 42MW wind farm is expected to generate about 123,780.8 MWh of electricity each year. Power generated will be transmitted to the national grid via the 220kV Pleiku 2–Krong Buk transmission line. Future growth can no longer rely on expanding production capacity alone. Meeting this year's 48 billion USD export target will require greater productivity, higher value addition, stronger domestic sourcing, broader market diversification, and faster digital and green transformation. While the stronger performance provides momentum for the province's 2026 growth target of 10.17%, officials say the focus must now shift from increasing cargo volumes to expanding services, reducing costs and retaining more value locally. SOM3 has brought together senior representatives from Canada, Vietnam, Japan, Singapore and the European Union (EU) to discuss practical pathways for strengthening regulatory cooperation, enhancing digital trade interoperability, improving supply chain resilience and promoting investment. In its latest economic outlook report, Standard Chartered said the adjustment follows Vietnam’s positive economic performance in the first half of the year, with growth drivers continuing to gain momentum. The ACV said on July 20 that contractors are deploying additional workers and equipment to speed up construction under Component Project 3, which covers the airport's essential aviation infrastructure. Major facilities, including the first and second runways, taxiways, aircraft aprons, the passenger terminal apron and the aircraft fuel supply system, are approaching completion. Rather than applying broad-based support policies, the programme focuses on identifying and assisting businesses with outstanding growth potential. The next challenge is turning these commitments into actual capital flows that support the real economy through stronger policies, international cooperation and modern financial infrastructure. A comprehensive transport network is taking shape around Long Thanh International Airport, as Dong Nai city accelerates the construction of major road projects to complement expressways and ring roads linked to the country's largest airport. The Evo is priced at 17.5 million IDR (about 973.90 USD) in Jakarta and is available in four colour options: black, red, white and olive green. The Feliz II is sold for 18.5 million IDR, while the Viper is priced at 22 million IDR. All prices include a battery subscription package. With geopolitical uncertainties expected to persist, experts said Vietnam must strengthen exporters' capacity to meet international standards while optimising logistics and distribution networks to safeguard its position in the Middle East. CAAV statistics show that international passenger throughput reached 26.2 million as of June 15, 2026. Of the total, Vietnamese airlines transported 9.6 million international passengers, a slight increase of 0.2% year-on-year, accounting for 36.6% of the total international passenger market. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,515 VND/USD, and the floor rate 23,989 VND/USD. Copyright, VietnamPlus, Vietnam News Agency (VNA) Editor-in-chief, Mr. Tran Tien Duan.