He was speaking Tuesday at a meeting with executives from Google, Mitsubishi Heavy Industries, Qualcomm and Siemens in Davos, Switzerland, where he is attending the World Economic Forum.
The meeting, organized by the Ministry of Planning and Investment, the Vietnamese Embassy in Switzerland and technology giant FPT Group, prioritized discussions on the three sectors.
Chinh said Vietnam’s Socio-Economic Development Strategy 2021-30 has identified resources needed for the rapid and sustainable development of science, technology, innovation, creativity and digital conversion.
The AI, semiconductor and automotive sectors have played an important role in this regard.
Vietnam has announced an AI development strategy that includes building national data centers.
It views the semiconductor industry as a new development engine and plans to invest in all three areas: design, manufacturing and packaging.
In terms of automotive technologies, the development of electric cars, using clean materials, low carbon emissions and green transport were among its priorities.
“To develop these areas, Vietnam will promote three strategic breakthroughs: strategic infrastructure, training of high-quality human resources and improvement of institutions.”
These advances would make it easier and lower costs for businesses and the public.
We hope that businesses will cooperate and invest effectively and sustainably in Vietnam, and that its government will support and cooperate with them based on the principle of harmonizing the interests of the state, people and businesses, and share their risks. .
Company executives said Vietnam attracts many semiconductor players like Intel, Samsung, Amkor, Qualcomm, Infineon, Marvell and Hana Micron.
The American Semiconductor Industry Association, the Asian Semiconductor Association and a number of companies also appreciate Vietnam’s potential in this field, they said.
Chinh said Vietnam is capable of maintaining economic stability, controlling inflation and promoting growth despite all the challenges of 2023.
It attracted nearly $37 billion in FDI, he said.
The country relies on its internal resources but at the same time welcomes support and assistance from international partners, he added.
