Japanese officials have praised Vietnam’s capability to participate in the global semiconductor value chain, saying the two countries have great potential to enhance bilateral cooperation in this regard.

Hoshino Mitsuaki, Director of the Economic, Trade and Industry Bureau for Kyushu Region under the Ministry of Economy, Trade and Industry, said, “Vietnam has a development strategy for semiconductors and semiconductor manufacturing facilities. This is a common point in the development strategies of the two countries.”

He praised Vietnam’s abundant source of trained human resources, especially a contingence of highly qualified engineers, who can meet all job requirements.

“From this perspective, the two countries are capable of complementing each other. I think the two need to start the cooperation in training and using high-quality human resources of the semiconductor industry,” according to Hoshino Mitsuaki.

In regards of Vietnam's ability to participate in Japan's semiconductor value chains, Hoshino Mitsuaki said that Vietnam can take advantage of the existing domestic semiconductor industry value chain as a launch pad  to develop and expand to other related value chains to connect with other countries, including Japan.

“We hope to use and participate in Vietnam's semiconductor value chains and are considering the possibility of working with Vietnam to develop Japan's value chains,” Hoshino Mitsuaki noted.