In the first from 2024 - 2030, Vietnam will make use of geopolitical and workforce advantages, selectively attract foreign direct investment (FDI), establish itself as one of the global semiconductor manpower centres, and grow fundamental capacity in all steps, from research, design, and manufacturing to packaging and testing. In the second from 2030 - 2040, it will work to become a global semiconductor and electronics centre while developing the semiconductor and electronics industries that combine both self-reliance and FDI. For the third phase from 2040 - 2050, it looks to become one of the world’s leaders in the semiconductor and electronics industries, and master research and development in these fields. Besides, Vietnam will complete a self-reliant semiconductor industry ecosystem taking the lead in some steps and segments of the production chain during 2040 - 2050, according to the strategy.