India, April 18 -- In September 2024, Vietnam took a bold leap toward the future by unveiling an ambitious national strategy to become a global semiconductor hub by 2050. Under Decision No. 1018/QD-TTg signed by Prime Minister Pham Minh Chinh, the "Strategy for Vietnam's Semiconductor Industry Development through 2030, Vision to 2050" was officially launched.

This comprehensive roadmap breaks development into three phases, including 2024-2030, 2030-2040, and 2040-2050, with targeted milestones in chip design, manufacturing, and testing infrastructure.

But just months later, a major disruption emerged!

In April 2025, US President, Donald Trump, announced a sweeping set of 2025 Trump tariffs, including a staggering 46% duty on Vietnamese...