Semiconductor giants explore investment opportunities in Vietnam
The Global Semiconductor Alliance anticipates that Vietnam's semiconductor market will grow to $7.01 billion by 2028
The Global Semiconductor Alliance anticipates that Vietnam's semiconductor market will grow to $7.01 billion by 2028
Vietnam will give priority to promoting high-tech industries such as AI, information technology, semiconductor chip manufacturing, and comprehensive digital transformation
Vietnam will prioritize hi-tech, electronics, semiconductor, renewable-energy, hydrogen fuel, healthcare, innovation, biotechnology, and financial hub projects
The prime minister has approved a semiconductor development strategy until 2030 with a vision toward 2050, and a detailed road map for the challenging ambition
Vietnam encourages and prioritizes hi-tech, semiconductor, AI, renewable energy, and green hydrogen projects
The Ministry of Planning and Investment of Vietnam shared its vision for workforce development in the semiconductor sector through 2030 and into 2050
Research indicates a significant future surge in demand for semiconductor professionals
Da Nang is receiving global attention due to its strategic location and skilled workforce
About 540 chip design engineers will be trained under this program each year
Vietnam aims to invest approximately US$1 billion in training 50,000 semiconductor engineers by 2030
Many South Korean firms assess Vietnam as a potential destination
Manpower is one of the main factors based on which the U.S. selected Vietnam as a strategic partner in the diversification of its semiconductor supply chain
The initiative is expected to yield indirect revenues of around $15-16 billion for the economy
Vietnam is determined to pursue and develop the semiconductor industry, build an ecosystem for this industry
The two sides also agreed to expand cooperation in building semiconductor ecology and diversifying supply chains
The Taiwanese government covers tuition fees and other administrative costs during the training period of two years
The move would add momentum to Japan's efforts to reboot its semiconductor industry
Vietnam is expected to become an important link in value chains of the semiconductor industry by 2045
The country has made great efforts in attracting investment in the semiconductor and chip-making industries, as well as collaborating with countries taking the lead in the fields
The global chip industry is currently dominated by just a few firms, including Taiwan Semiconductor Manufacturing Company (TSMC) and US-based NVIDIA