On the afternoon of October 9th, at the Binh Duong Convention and Exhibition Center, provincial leaders met and worked with an international delegation of semiconductor technology experts.

Attending the meeting were Mr. Nguyen Van Loi – Member of the Party Central Committee, Secretary of the Binh Duong Party Committee, and Head of the Provincial Delegation of the National Assembly; Mr. Nguyen Loc Ha – Vice Chairman of the Binh Duong People’s Committee; Mr. Nguyen Van Hung- Chairman of Becamex IDC, Mr. Colley Hwang-Chairman of Digitimes, and along with representatives of provincial departments and businesses.

Recognizing that attracting foreign direct investment (FDI) is a key pillar in Vietnam’s Semiconductor Industry Development Strategy for Phase 1 (2024-2030), the government is demonstrating strong political determination in its efforts to lure global giant semiconductor to drive rapid growth in the national microchip industry in the coming years.

Mr. Loi shared that Binh Duong currently attracts 4,347 foreign direct investment (FDI) projects from 65 countries and territories, with total registered capital reaching $42 billion, ranking third in the country. Notably, Taiwan (China) leads among the 65 countries and territories with 889 investment projects and a total investment capital of over $6.485 billion, mainly in sectors such as footwear, garments, synthetic fiber, dyeing, furniture, food processing, and plastic packaging.

In his remarks, Mr. Loi emphasized that Binh Duong has favorable conditions to implement semiconductor industry development strategies, supported by both central government policies and local initiatives to facilitate the growth of the semiconductor industry, prioritizing efficiency and profitability.

Mr. Loi expressed confidence in the success of partnerships between semiconductor companies and Becamex IDC, encouraging further investment in Binh Duong. Experts shared their experiences in building supply chains for the IT and semiconductor sectors, discussed lessons for Vietnam, and highlighted the government’s role in shaping supportive policies and workforce development for the industry.

Binh Duong’s leaders are committed to fostering a favorable investment environment, streamlining administrative processes, and supporting high-tech businesses. The province aims to complete infrastructure links to airports and seaports, speed up administrative and customs procedures, and attract and train skilled workers for high-tech industries.

The future investment strategy will focus on high-tech sectors, including semiconductor chips, green energy, and the circular economy. Key priorities also include advanced, eco-friendly technologies, financial services, logistics, supporting industries, and high-tech agriculture, with special attention to attracting investment in the Science and Technology Industrial Park.