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Vietnam bets on chips, AI as empowered leader seeks new growth era

By Choonsik Yoo and Hoa Dinh ( February 5, 2026, 00:57 GMT | Comment) -- Vietnam’s leader To Lam has outlined an ambitious five-year plan to drive annual growth of 10 percent or more, nearly double per-capita income and push the country into self-sufficiency in semiconductors and artificial intelligence, as he consolidates power after securing another party mandate. While supporters see a path built on Vietnam’s electronics base and rapid AI deployment, some experts warn that institutional limits, weak semiconductor ecosystems and regulatory unpredictability could undermine execution and investor confidence.Having secured a mandate to run the country for five more years, Vietnam’s leader To Lam has set out one of the most ambitious economic strategies in decades, aiming to reposition the country from a low-value manufacturing base to a main player in the global semiconductor and artificial-intelligence value chains....

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