A ceremony was held for Vietnam's first semiconductor chip plant in January 2026.

Tran Cam Tu signed a conclusion on developing Vietnam's materials industry.

Vietnam's materials industry has grown, meeting many supply needs and contributing to the economy.

The industry still has not reached its potential, with insufficient focus on deep processing and advanced technologies.

Materials production relies heavily on extraction, with high energy use and pollution.

Developing the materials industry is a national task for Vietnam's growth and independence.

Development should focus on key areas, not spread too thin, to drive other industries.

Strategic minerals should be managed carefully from exploration to recycling.

Raw mineral exports should be minimized, with resources used efficiently and sustainably.

Research is needed to master technologies for producing strategic materials.

These materials include those for semiconductors, new energy, and national defense.

A national strategy for the materials industry will be formulated by 2026.

Closed-loop industrial chains are needed for extraction, processing, and applications.

Priority areas include rare earths, battery materials, and semiconductor materials.

Authorities must assess resources, extraction conditions, and market demand.

A 50% localization target is set for selected strategic materials.

A national materials industry database will be established by 2027.

At least three national materials research centers will be set up by 2028.

By 2030, Vietnam aims to master deep-processing technologies and reach a 50% localization rate.

Stable resources are needed for research into strategic and future materials.

National reserves of critical materials should be strengthened, reducing import dependence.

The materials industry will be developed around basic, strategic, and future materials.

Basic materials production should be maintained with improved quality and efficiency.

Strategic materials development should mobilize State and private resources.

The goal is to master technologies and supply chains for high-tech materials.

Research should start on future materials, following global technology trends.

Through 2030, mechanisms and policies will be completed, prioritizing key materials.

Initial priorities include semiconductor, rare-earth, and battery materials.

Policies will be developed to attract talented professionals and global technology corporations.

Action will be taken against violations of mineral and environmental laws.

Tran Thuong