Vietnam: Vietnam is looking to develop its materials industry to strengthen strategic autonomy, national competitiveness, and its ability to master core technologies.

According to Emirates News Agency, the initiative is outlined in the Politburo's Conclusion No. 83-KL/TW, which identifies the development of the materials industry as a strategic national task and a foundation for industrial growth.

Vietnam plans to develop a national strategy for the materials industry through 2030 by the fourth quarter of 2026, prioritizing integrated industrial chains for rare earths, batteries, semiconductor and electronic materials, aluminum, steel, titanium, and other advanced materials.

By 2027, the country aims to establish a national materials industry database and integrate geological and mineral data, followed by the establishment of three to five national materials research centers by 2028.

The country also seeks to boost state, private, and foreign investment in strategic materials for semiconductors, energy storage, renewable energy, aerospace, and other high-tech industries.