SEMI member delegation to visit Vietnamese Central Government and High-Tech Parks in Hanoi

After two Semiconductor Strategy Symposiums in Ho Chi Minh City in 2013 and 2014, SEMI announced today that a SEMI Member Delegation will visit the Vietnamese Central Government in Hanoi on September 21-24.  The objective of the SEMI Vietnam Business Delegation is to introduce SEMI Members to key government officials in several important ministries and economic development agencies in Hanoi and provide the opportunity to learn firsthand about new policies, investment and incentive plans in Vietnam. As Vietnam makes progress on its ambitious journey to establish semiconductor fabrication in the country, now is the right time for the government to interact more closely with foreign businesses, and for SEMI Members to understand the full breadth of opportunities available to them.

As an important stepping stone to Vietnam’s high-tech industries development plans towards 2020, Vietnam’s Prime Minister Nguyen Tan Dung agreed in principle to support the country’s first semiconductor wafer fab, managed by Saigon Industry Corporation (CNS). The Prime Minister assigned the Ho Chi Minh City government to appraise and approve the project and oversee project execution. The SEMI delegation will engage with CNS, potential partners and the government around opportunities for foreign equipment and materials companies and on doing business in Vietnam.

The delegation visit will provide a structured but interactive way to meet representatives from the government as well as the Hoa Lac High Tech Park and the Samsung facility in Thay Nguyen, in order to get a full understanding of how to establish a business presence in Vietnam, find local partners and take advantage of the favorable policies available to the technology sector. With Samsung, Intel, LG Semiconductor, ON Semiconductor and other customers already well-positioned in Vietnam, our member companies have the opportunity to fully explore the promising and growing market in Vietnam.

In addition, workforce development and education are critical issues SEMI will discuss with Hanoi officials. SEMI will provide an overview of the SEMI Foundation and its “High Tech U” program and plans to introduce its first High Tech U event in Vietnam in spring of 2016.

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