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| AISC25 Launches to Drive Sustainable Development Initiative (Photo: VNA) |
Innovation has become a pivotal factor in enhancing Vietnam’s national competitiveness in the Fourth Industrial Revolution, according to Nguyen Mai Duong, Director-General of the Department of Innovation under the Ministry of Science and Technology.
Speaking at the seminar “The Convergence of Semiconductors and Artificial Intelligence: A Breakthrough for a New Cycle of Opportunities,” held as part of the 2025 Artificial Intelligence and Semiconductor Conference (AISC) in Hanoi on March 13, Duong emphasized the crucial role of AI and semiconductors in Vietnam’s development trajectory.
Vietnam has recognized the strategic importance of science, technology, and innovation, implementing various policies to boost these sectors. Notably, the Politburo’s Resolution No. 57-NQ/TW underscores the significance of scientific and technological breakthroughs, innovation, and digital transformation as key national priorities.
Duong highlighted that with the government’s strong support and decisive policy reforms, Vietnam is positioning itself as an attractive destination for the semiconductor and AI industries.
Vu Quoc Huy, Director of the National Innovation Center (NIC), noted that Vietnam’s open investment climate and government backing have contributed to its emergence as a hub for global technology firms. He reaffirmed Vietnam’s commitment to creating favorable conditions for investors, enterprises, and innovators. Huy emphasized that AI and semiconductors are considered strategic pillars in the country’s industrial transformation.
These sectors present significant opportunities for Vietnamese enterprises to integrate into global value chains and drive technological advancements. As one of Southeast Asia’s fastest-growing digital economies, Vietnam boasts a strategic location, a talented workforce, and modern infrastructure.
To align with the Party and Government’s policies on science, technology, and innovation, particularly Resolution No. 57-NQ/TW, the Ministry of Science and Technology is finalizing draft revisions to the Law on Science and Technology. These revisions include breakthrough policies to promote innovation by strengthening decentralization, simplifying administrative procedures, and enhancing transparency in state management.
Efforts are also underway to streamline procedures and accelerate digital transformation in research and development. The proposed legal framework aims to create a solid foundation for sustainable technological development, keeping pace with global trends while expanding support for the private sector.
According to Dr. Bui Hai Hung, Director of VinAI Research, building a highly skilled workforce is essential for the AI and semiconductor industries, and talent development remains a key challenge. Addressing workforce constraints is Vietnam’s most pressing need to capitalize on the potential of these sectors.
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