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Monday, December 16, 2024

PM: Vietnam to accelerate semiconductor workforce development

The Saigon Times

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HCMC – Prime Minister Pham Minh Chinh has called for urgent and coordinated efforts to build a skilled workforce to support Vietnam’s growing semiconductor industry.

At the first meeting of the National Steering Committee for Semiconductor Industry Development on December 14, Chinh emphasized the global shift toward digital transformation and the crucial role semiconductors play in driving economic growth.

He underscored Vietnam’s need to harness its potential to become a significant player in the global semiconductor supply chain.

The Government plans to implement two key initiatives, namely the “Program on Human Resource Development for the Semiconductor Industry to 2030, with a Vision to 2050,” and the “Semiconductor Industry Development Strategy to 2030.”

These programs aim to address talent shortages, enhance research and development, and foster a favorable investment environment.

Chinh stressed the importance of nurturing a highly skilled workforce, advancing R&D capabilities, and improving infrastructure. He also underlined the need for stronger collaboration with international partners to attract foreign investment and facilitate technology transfer.

Vietnam has made substantial progress in its semiconductor sector in recent years, drawing investments from global giants like Samsung and NVIDIA.

More than 50 Vietnamese companies are involved in chip design, employing over 6,000 engineers. Additionally, seven factories manage packaging and testing, supported by another 6,000 engineers and 10,000 technicians.

Despite these achievements, Vietnam continues to face challenges in talent development, infrastructure, and integrating into the global supply chain.

The Government has set goals to position Vietnam as a regional hub for semiconductor design, manufacturing, and research.

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