HÀ NỘI — A number of global semiconductor manufacturers are increasing their presence in Việt Nam, making the Southeast Asian country a rising star in the world semiconductor market. About 40 different mobile phone brands, including Sony and Samsung, were exported from Việt Nam. The report pointed out that Việt Nam had become home to major smartphone manufacturers’ production bases. This transformation would help Việt Nam realise the ambition to reach a GDP per capita of over $18,000 by 2045, he said. This meant that Việt Nam accounted for 10 per cent of semiconductor chip exports to the US in the period, ranking third after Malaysia and Taiwan.

Source: Viet Nam News June 19, 2023 12:54 UTC