Bắc Giang Province is preparing for significant growth in the semiconductor industry, with an estimated demand for around 6,300 workers in the 2025-2030 period.
Prime Minister Phạm Minh Chính on Saturday signed a decision issuing the strategy for developing Việt Nam’s semiconductor industry by 2030, with a vision to 2050.
Việt Nam has emerged as a new export market, especially in the field of information technology products while many countries are currently applying trade barriers to these products.
Prime Minister (PM) Phạm Minh Chính earlier this week signed Decision No 791/QĐ-TTg on the establishment of the national steering committee to promote the development of semiconductor industry.
The US Ambassador to Việt Nam Marc Evans Knapper toured Phenikaa University’s facilities, Phenikaa Semiconductor Training Centre (PSTC), and the Applied BioMedical Research Center (ABMC) late last week.
Việt Nam wants to develop its semiconductor industry to be on par with the best in the world. But to do so, experts say the country must concentrate on finding and training the best possible staff to fill future roles.
The semiconductor industry is one of the most important strategic industries globally and Việt Nam is actively participating in the semiconductor ecosystem at both regional and global levels.
Semiconductor industry leaders, investors and technology providers gathered in the capital city of Hà Nội for a seminar focused on boosting investment and development in the industry.
The draft Law on Digital Technology Industry being developed by the Ministry of Information and Communications (MIC) for comments includes six chapters and 90 articles.
Việt Nam has a huge potential to promote the development of the semiconductor industry and artificial intelligence (AI) with an abundant young and well-trained individuals, a leading non-engineer semiconductor specialist in the US said.
Việt Nam has a favourable location in Southeast Asia, a large supply of necessary rare-earth elements for semiconductor chip production, and a stable political environment. It is also actively pushing for the development of the semiconductor industry with favourable policies.