The Government of Vietnam is teaming up with the U.S. State Department to seek out prospects for enhancing and broadening the worldwide semiconductor ecosystem via the International Technology Security and Innovation (ITSI) Fund, established by the CHIPS Act of 2022.
By collaborating, they aim to create a semiconductor value chain that is more robust, secure, and sustainable. The State Department recognizes Vietnam as a promising partner in diversifying and fortifying the semiconductor supply chain. The beginning of this partnership involves scrutinizing Vietnam's existing semiconductor ecosystem, regulatory framework, and requirements for workforce and infrastructure.
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