American computational software multinational Cadence Design Systems has inked a deal with the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City to better workforces in integrated circuit design in Vietnam.
Cadence and SHTP announced their partnership in developing a workforce in electronics design and boosting the semiconductor integrated circuit industry in the country on Tuesday.
As per the deal, Cadence will provide software for designing integrated circuits and offer related training courses to university students in Ho Chi Minh City.
Via these courses, students in the city will be able to gain in-depth knowledge about integrated circuit design and learn how to fix technical errors during the design process, and to produce integrated circuits.
Nguyen Anh Thi, head of the SHTP management board, said that the cooperation would foster electronics design, development and research activities, driving up the country’s integrated circuit industry.
Students at Ho Chi Minh City-based universities will have a chance to access the latest technology and design methods, Thi said.
“The partnership is expected to make significant contribution to improving the efficiency of the park’s chip design center, and advancing the growth for the semiconductor integrated circuit industry in Ho Chi Minh City, pushing up Vietnam’s economic development,” Thi underlined.
Michael Shih, vice-president of sales for Asia Pacific and Japan at Cadence, said that the Saigon Hi-Tech Park plays a key role in beefing up the development of hi-tech sectors and innovation in the region.
The collaboration will strengthen the workforce in electronics design in Vietnam, he stated.
By providing access to Cadence’s software, the firm expects to equip the future generation of engineers in the city with the necessary skills to back Vietnam’s hi-tech industry development, Shih added.
Vietnam, especially Ho Chi Minh City, is considered a potential destination for investment in the electronics and chip design fields, said vice-chairman of Ho Chi Minh City People’s Committee Duong Anh Duc.
Ho Chi Minh City is stepping up preparation for mechanism, land banks, and skilled workforces to attract foreign investors to the fields, Duc noted.
The city put the chip design center into operation in October last year to bolster partnership with foreign electronics firms and develop the semiconductor integrated circuit industry in Vietnam, according to the official.