New regulations will be applicable to the import of used technological production lines, equipment, machinery, and tools that serve training and R&D activities for digital technology products and services; or that directly serve semiconductor chip manufacturing, packaging, and testing projects.
The Ministry of Industry and Trade is tasked with studying and proposing a favorable electricity pricing mechanism for chip manufacturing plants, with a report due to the Prime Minister in Q3.
Mr. Do Cao Bao, Member of the Board of Directors at the FPT Corporation, has said the competition between the US and China in accessing technology and the US promulgating a chip law opens up opportunities for Vietnam to become one of the leading semiconductor chip manufacturers globally. A series of leading technology corporations from around the world, such as Intel, Samsung, Amkor Technology, and Synopsys, etc., have increased their investment in Vietnam’s semiconductor chip industry.