Vietnam to Develop 50,000 Microchip Engineers, Becoming a Global Semiconductor Manufacturing Hub

May 5, 2024by Hằng Hoàng
The semiconductor industry is a foundational industry that shapes the development of various sectors in the global economy.

On May 4, in Hanoi, Deputy Prime Minister Tran Hong Ha attended the International Seminar on “Vietnam’s Semiconductor Manpower in the Global Supply Chain”, organized by Phenikaa Group, Phenikaa University in collaboration with Synopsys Corporation and Arizona State University of the United States.

At the seminar, delegates discussed important issues related to manpower for the semiconductor field in Vietnam, such as the feasibility of training 50,000 Vietnamese microchip engineers by 2030…

According to Prof. Dr. Ho Xuan Nang, Chairman of Phenikaa Group, establishing close links and mutual support between the three “houses” – state agencies, universities, and enterprises in the industry – is an essential requirement to promote the training of semiconductor human resources to ensure that they meet social needs in both quantity and quality.

Minister of Information and Communications Nguyen Manh Hung emphasized: “Vietnamese people have a gene for science, technology, engineering, and mathematics, which is very suitable for the semiconductor industry. The genetic advantage is no less than the geopolitical advantage. This is a unique advantage that cannot be copied.”

Deputy Prime Minister Tran Hong Ha affirmed that the semiconductor industry is a foundational industry that shapes the development of various sectors in the global economy. The world has witnessed the semiconductor chip market maintain a fast and stable growth rate for the past 20 years and is forecast to become a trillion-dollar industry by 2030.

Vietnam poised to become a global semiconductor hub in the midst of supply chain shifts.
Amidst regional and global manufacturing supply chain shifts, Vietnam stands out with its favorable geo-economic position, a conducive investment and business environment, attractive investment policies, a young and well-educated workforce, accessibility to new technologies, and readily available raw materials. Additionally, Vietnam boasts comprehensive strategic partnerships with most countries that have well-developed semiconductor industries. These factors position Vietnam as a prime destination within the global semiconductor supply chain.

According to the Deputy Prime Minister, the government is currently focused on formulating a Semiconductor Industry Development Strategy and a Human Resource Development Plan for the Semiconductor Industry in line with international standards. The rapid establishment of a high-quality workforce with in-depth expertise in semiconductors is considered a crucial task, presenting both an opportunity and a significant challenge for Vietnam to fully harness its potential and advantages and participate in the value chain of the semiconductor industry.

The Deputy Prime Minister emphasized the need to build a manpower pyramid to meet the human resource demands of the semiconductor industry ecosystem and leverage the strengths and abilities, particularly in mathematics and basic sciences, which are Vietnam’s strengths. Therefore, mechanisms are needed to encourage corporate participation in training and upskilling the workforce. To train tens of thousands of high-quality workers in the semiconductor industry, priority should be given to training and attracting a team of high-quality teachers and lecturers with in-depth industry experience to enhance the quality of instruction.

Source: Người Quan Sát