On 26 June 2026 in Ha Noi, Vietnam Minister of Science and Technology (MoST) Vu Hai Quan held a working session with Mr. Jeff Place, Chief Supply Chain Officer at Coherent Corp, a number one U.S. multinational specialising in superior supplies, optoelectronics, and semiconductor.
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During the assembly, Minister Vu Hai Quan and Mr. Jeff Place mentioned Coherent’s funding enlargement plans in Viet Nam, in addition to measures to strengthen human useful resource improvement, advance high-tech supply chains, and improve the capabilities of Vietnamese enterprises to take part extra deeply in international worth chains.
Minister Vu Hai Quan affirmed that MoST stands able to accompany and help Coherent in its long-term improvement in Viet Nam. On this foundation, he proposed 4 key areas of cooperation between MST and Coherent.
First, collaborate on developing training and coaching programmes to foster a extremely expert workforce, together with engineers, managers, and analysis and improvement (R&D) personnel.
Second, strengthen partnerships between Coherent and Vietnamese universities and analysis institutes to design coaching programmes that higher meet trade wants.
Third, discover the institution of open laboratories and shared infrastructure for the semiconductor and optoelectronics sectors, enabling small and medium-sized enterprises (SMEs) to take part in the supply chain.
Fourth, encourage Coherent to develop concrete proposals on supply chain improvement, infrastructure wants, and coverage help to assist the Viet Nam Government refine an applicable coverage framework for the trade.
Mr. Jeff Place emphasised that Viet Nam is considered one of Coherent’s strategic markets, with its manufacturing amenities rating among the many company’s best-performing websites worldwide in phrases of each productiveness and high quality.
He added that Coherent is increasing its manufacturing operations in Dong Nai Province and VSIP 3 Industrial Park in Binh Duong Province, whereas aiming to scale up its manufacturing capability in Viet Nam to a stage comparable with the company’s different strategic manufacturing hubs throughout Asia.
Coherent additionally proposed that MoST proceed supporting the event of high-quality human sources, facilitate the implementation of funding initiatives, and promote the event of home supply chains to allow Vietnamese enterprises to take part extra extensively in high-tech manufacturing.
Concluding the assembly, Minister Vu Hai Quan and Mr. Jeff Place agreed to strengthen cooperation in workforce improvement, the development of Viet Nam’s semiconductor and optoelectronics ecosystem, and the combination of Vietnamese enterprises into Coherent’s international supply chain. Both sides additionally agreed to advertise cooperation mechanisms that may improve the value-added contribution of Viet Nam’s high-tech industries.
Earlier on June 26, Deputy Prime Minister Ho Quoc Dung obtained Mr. Jeff Place on the Government Headquarters. The assembly was additionally attended by Deputy Minister of Science and Technology Hoang Minh.
The Deputy Prime Minister acknowledged that the Viet Nam Government has set a goal of reaching double-digit financial progress in the course of the 2026-2030 interval, with science, know-how, innovation, and digital transformation recognized as key drivers of future progress.
To obtain this aim, Viet Nam is prioritising the attraction of overseas direct funding (FDI) initiatives that includes superior applied sciences, sturdy R&D capabilities, shut linkages with home enterprises, workforce improvement, and deeper integration into international worth chains.
Regarding the semiconductor sector, Viet Nam is fostering the event of a ecosystem geared toward progressively increasing its function in chip design, packaging, testing, and the manufacturing of semiconductor supplies, parts, and tools, whereas prioritising high-quality workforce improvement and attracting strategic buyers.
In parallel, the nation is selling the event of semiconductor, electronics, and high-tech industrial ecosystems in localities with benefits in industrial infrastructure, logistics, human sources, and supply chain connectivity.
Viet Nam additionally seeks to strengthen supporting industries, improve home capabilities in supplying supplies and parts, and regularly improve localisation throughout high-tech worth chains.
The Deputy Prime Minister additional famous that Viet Nam encourages funding in knowledge centres and AI infrastructure incorporating superior, energy-efficient applied sciences whereas guaranteeing cybersecurity, knowledge safety, and alignment with native infrastructure improvement plans./.
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