HCMC – Deputy Prime Minister Nguyen Chi Dung has called on Kioxia Corporation in Japan to invest in Vietnam’s semiconductor sector.
During his trip to Japan for the 30th Future of Asia Conference, Deputy PM Dung met with Wantanbe Tomoharu, chief operating officer, director and executive VP at KIOXIA Corp, on May 27.
Dung said that amid surging demand for data storage, the company will play an increasingly important role in shaping global digital infrastructure.
He proposed that the Japanese corporation enhance cooperation with Vietnam to establish a large-scale training center, a data center, and a research and development (R&D) center.
The deputy PM also suggested that the corporation work with the Hanoi People’s Committee to soon sign a memorandum of understanding to realize an AI-powered semiconductor manufacturing project at the Hoa Lac Hi-Tech Park.
“Vietnam has all the necessary conditions to develop the semiconductor industry, and Kioxia’s decision to choose Vietnam is absolutely the right one,” he emphasized.
Vietnam aims to become a regional semiconductor hub and a key link in the global semiconductor supply chain, with a national semiconductor development strategy and various initiatives to build a robust ecosystem.
These include establishing an investment support fund, launching a program to train 50,000 semiconductor engineers, attracting foreign direct investment (FDI), and promoting public-private and private-private partnerships across the value chain.
In response, Wantanbe Tomoharu said Kioxia would consider and act on the deputy PM’s proposals, including expanding the recruitment of Vietnamese engineers, supporting semiconductor talent development, and enhancing collaboration with Vietnamese ministries, agencies, and enterprises.
Kioxia, formerly known as Toshiba Memory Corporation, was established in 2018 and is one of Japan’s leading memory chip manufacturers, with a market capitalization of around US$8.1 billion.
The company specializes in the development and production of flash memory (NAND) and solid-state drives (SSD) for applications in cloud computing, smartphones, supercomputers, and automotive systems.
