High-tech companies from around the world are competing for investment opportunities in Vietnam, a Samsung executive has said.

This initiative will help businesses achieve new levels of success and contribute to the sustainable development of the country.

New Zealand businesses are encouraged to invest in Vietnam through specific programs and projects in areas such as the green economy, science and technology, innovation, electric vehicles, and semiconductor manufacturing.

The Vietnamese Government is formulating highly competitive policies to attract investment in the semiconductor industry.

The Vietnamese Government is committed to putting in place policies and mechanisms that encourage substantial capital and investment from prominent players in the semiconductor sector.

Vietnam is shaping a semiconductor strategy until 2030, with a vision to 2035. It emphasizes active participation in the regional semiconductor ecosystem and attracting global business investments.

It is part of the series of events under the Vietnam International Innovation Exhibition (VIIE 2023) and the inauguration of the NIC Hoa Lac branch, held from October 28 to November 1.

Check out the latest news about Vietnam for today.