Deputy Prime Minister Nguyen Chi Dung meets with ARM Corporation. Photo: VGP
The semiconductor industry is poised for exponential growth, with global revenue projected to surpass $1 trillion by 2030. On October 31st, in the United Kingdom, Deputy Prime Minister Nguyen Chi Dung held discussions with ARM Corporation, a global leader in semiconductor technology.
During the meeting, the Deputy Prime Minister acknowledged ARM’s pivotal role in the global semiconductor industry. He commended the corporation for its initiatives in workforce development, knowledge sharing, and technological collaboration, which contribute to Vietnam’s innovation and technology ecosystem.
Vietnam aims to partner with leading technology corporations like ARM to strengthen its semiconductor value chain, encompassing workforce training, research and development, technology transfer, and infrastructure for production.
Overview of the meeting between Deputy Prime Minister and ARM Corporation. Photo: VGP
The Deputy Prime Minister urged ARM to collaborate closely with the National Innovation Center (NIC) in Hoa Lac, Hanoi, and Vietnamese institutions to implement certified training programs, fostering a world-class semiconductor engineering workforce.
Notably, he encouraged ARM to establish a representative office in Vietnam and an R&D center at NIC Hoa Lac, enhancing investment and business cooperation in Vietnam and Southeast Asia.
Additionally, he requested ARM’s support in developing shared R&D centers and semiconductor laboratories, and in introducing partners within ARM’s ecosystem to explore investment opportunities in Vietnam.
Finally, the Deputy Prime Minister sought ARM’s expertise in refining policies for semiconductor development, technology transfer, workforce training, and innovation ecosystem building in Vietnam.
A Key Player in the Global Semiconductor Value Chain
Smartphone displaying the Arm logo. Photo: Reuters
ARM, a renowned UK-based semiconductor and software design company, employs over 6,500 professionals. In 2024, ARM’s revenue reached approximately $3.2 billion.
ARM’s CPU architecture powers over 99% of global mobile devices. Since launching its first processor in Cambridge in 1985, over 250 billion ARM chips have been produced, integrated into diverse devices by 2025.
ARM chips are integral to the global semiconductor value chain, providing design platforms for industry leaders like Apple, Samsung, Qualcomm, and Nvidia.
ARM has partnered with NIC on semiconductor training initiatives, including licensing support for universities and workforce development seminars.
The global semiconductor industry faces a critical workforce shortage. Illustrative photo
In 2024, Vietnam launched its semiconductor industry development strategy, aiming to establish 100 design companies, a small-scale chip fabrication plant, and 10 packaging and testing facilities by 2030. By 2030, Vietnam targets $25 billion in annual semiconductor revenue, with aspirations to reach $100 billion and achieve R&D leadership by 2050.
Maternity Leave Benefits for PV Gas Employees: What You Need to Know
In 2024, PV Gas recorded 41 employees on maternity leave, marking a 33% decrease compared to 2023.
Unlocking Vietnam’s Hidden Treasure: A $1 Trillion Opportunity Attracting Japan’s Collaboration
This is Vietnam’s significant advantage in a field that the entire world is pursuing.
General Secretary To Lam Meets with Marvell Global CEO
On the afternoon of October 1st, at the Communist Party of Vietnam’s Central Headquarters, General Secretary Tô Lâm received Mr. Sandeep Bharathi, Chairman of Marvell Technology Group, based in the United States.
Danang Attracts 25 Semiconductor Companies
On August 30, Danang hosted the Danang Semiconductor Day 2025. This event was chaired by the People’s Committee of Danang City and the Central Policy and Strategy Committee, showcasing the city’s strategic vision for the development of high-tech industries.
“Forging a New Era in the Semiconductor Industry.”
“Ho Chi Minh City is paving the way for the semiconductor industry with a range of supportive policies and initiatives. With a vision to become a hub for high-tech industries and modern services, the city is developing state-of-the-art industrial parks, attracting both domestic and foreign investments in the field of semiconductor technology.”
