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flag Vietnam seeks to become a major semiconductor hub with $12 billion in foreign investments.

flag Vietnam is drawing nearly $12 billion in investments from global semiconductor firms, with 174 foreign projects active in the industry. flag The country aims to become a key player in semiconductor design, testing, and packaging but lacks chip manufacturing facilities. flag Prime Minister Pham Minh Chinh emphasized the need for supportive policies, including an investment fund, to boost research and technology transfer, and called for international cooperation to develop the industry.

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