Hanoi (VNA) – The Vietnam Semiconductor Industry Exhibition 2024 (SEMIExpo Vietnam 2024) opened at the National Innovation Centre in Hanoi on November 7, under the theme of "Elevating Vietnam in the Global Semiconductor Supply Chain".

The two-day event, the first and largest of its kind in Vietnam, is being held by the National Innovation Centre (NIC) under the Ministry of Planning and Investment, the Semiconductor Industry Association (SEMI) - a global organisation with more than 3,000 member companies, and 1.5 million professionals in the semiconductor and electronics design, manufacturing, and supply chains worldwide.

Speaking at the event, Minister of Planning and Investment Nguyen Chi Dung, who is also Deputy Head of the National Steering Committee for Semiconductor Industry Development, affirmed that SEMIExpo Vietnam marks an important milestone in Vietnam's efforts to integrate into the global semiconductor value chain - an industry regarded as the "heart" of modern technology and a foundation for the digital economy.

According to Dung, the exhibition, along with several sideline workshops and activities, will serve as an opportunity to connect Vietnam with the global semiconductor sector, showcasing its potential and advantages to international semiconductor companies, and opening up opportunities for the country to participate in various stages of this key industry.

KC Ang, SEMI SEA Regional Advisory Chairman and GlobalFoundries Asia President, affirmed Vietnam's growing role in the semiconductor supply chain. According to SEMI, the country’s semiconductor market has reached 18.23 billion USD in 2024, with a compound annual growth rate (CAGR) of 11.48% in recent years.

It can be said that Vietnam is on the cusp of a major opportunity to deeply engage in the semiconductor industry and has clearly demonstrated its ambition to become a key link in the global semiconductor supply chain, he stated.

SEMIExpo Vietnam 2024 is drawing the participation of more than 5,000 delegates and 100 booths of major semiconductor technology corporations in the world and Vietnam such as Cadence, Qualcomm, Intel, Qorvo, Dassault Systemes, Siemens, Tektronix, FPT and Viettel.

During the event, organisations can promote investment opportunities, the development of the industry in Vietnam, update the world’s advanced technology trends, and participate in dialogues with State management agencies.

At the event, NIC and SEMI also exchanged a cooperation agreement aimed at promoting the de🦩velopment of Vietnam's semiconductor industry./.