Vietnam chip plant target unlikely as Viettel-ASML talks stall

The gap here is between stated ambition and physical evidence: stalled equipment talks with a single critical supplier and an unbuilt site are concrete signals that the timeline rests on assumptions not yet secured. This matters most to Vietnam's state-linked semiconductor push and the foreign partners weighing whether to anchor supply chains there, since ASML's tools are a gatekeeping input no domestic workaround can substitute. Whether the Viettel-ASML negotiation moves, and whether ground is broken at the site, are the open questions to watch.