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Vietnam Semiconductor Network Launches, Aims to Boost Semiconductor Industry

Vietnam has made a significant stride in its semiconductor industry with the establishment of the national Vietnam Semiconductor Network. The network was inaugurated on October 29 during the Vietnam Semiconductor Summit in Hanoi. The aim of the network is to position Vietnam as a reliable partner in the regional and global semiconductor ecosystem, enhancing its position in the global value chain and contributing to the modernization of the country’s economy.

Vietnam’s Investment Minister, Nguyen Chi Dung, expressed optimism about the future of the semiconductor industry in Vietnam. He believes that Vietnam has all the necessary conditions to develop this industry and become a reliable partner in the global semiconductor manufacturing supply chain. The government has already implemented a human resource development plan to generate approximately 50,000 engineers for the semiconductor industry by 2030. In addition, attractive investment incentives have been introduced to encourage companies in the semiconductor industry to invest in Vietnam.

Vietnam is home to reputable research and training institutions, including Hanoi National University, Ho Chi Minh City National University, Da Nang University, and Hanoi University of Science and Technology, which specialize in semiconductors. The country also has large enterprises such as Viettel, VNPT, FPT, and CMC Corporation that are willing to collaborate and contribute to the development of the semiconductor industry.

Furthermore, Vietnam has been successful in attracting major foreign semiconductor firms from the United States, South Korea, Japan, and European countries. The recent upgrade of ties between Vietnam and the United States to a comprehensive strategic partnership has further enhanced cooperation in various fields, including the semiconductor industry.

Linda Tan from SEMI Southeast Asia praised Vietnam’s model of a training and incubation center for semiconductor IC design, as well as the efforts to establish a training and research program for the semiconductor industry at universities. She believes that Vietnam has immense opportunities to further develop this promising industry.

Currently, Vietnam relies heavily on semiconductor chip supply from abroad. However, with the establishment of the Vietnam Semiconductor Network and the presence of the National Innovation Center and high-tech parks, Vietnam is well-positioned to attract more investors and enhance its capabilities in chip design processing, assembly, and testing.

In conclusion, the establishment of the Vietnam Semiconductor Network is a significant step towards the development of the semiconductor industry in Vietnam. With the support of the government, reputable research institutions, and collaborations with foreign companies, Vietnam has the potential to become a key player in the global semiconductor ecosystem.

Sources:
– [VOV.VN](https://vov.vn/en/economy/vietnam-semiconductor-network-makes-its-debut-1014688.vov)
– [PANO](http://www.pano.com.vn/)

The post Vietnam Semiconductor Network Launches, Aims to Boost Semiconductor Industry appeared first on Fagen Wasanni Technologies.

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