A workshop on promoting the semiconductor industry and energy resources in Vietnam’s economic reform and opening-up was held in Hanoi on February 11, aiming to assess potential and challenges while proposing development measures in the context of global integration.

VOV.VN - For Vietnam, the successful development of its semiconductor industry and its ability to seize opportunities rests on preparing a skilled workforce, a task entrusted to higher education institutions.

The recent signing of a Memorandum of Understanding (MoU) between Vietnam's Ministry of Planning and Investment (MPI) and Japan's Mie prefecture has taken economic and investment cooperation between the two countries, and particularly with Mie, to a new level.

The central city officially opened the newly-built Da Nang Software Park No 2, which will provide working space for 6,000 IT engineers and investors in semiconductor industries and micro chip design.

Nguyen Chi Dung, deputy head of the National Steering Committee for Semiconductor Industry Development, emphasised that the committee will continue to settle difficulties and bottlenecks to turn the semiconductor industry into a major driver of Vietnam’s growth in the new era.

VOV.VN - Vietnam currently hosts 174 foreign direct investment (FDI) projects in the semiconductor industry, with a total registered capital of US$11.6 billion, according to the Ministry of Planning and Investment (MPI).

VOV.VN - The semiconductor industry has grown tremendously and is one of the key sectors propelling the information revolution and Industry 4.0 forward.

VOV.VN - The Government Office has released a Prime Minister Directive on enhancing human resource training to support the development of the semiconductor industry, a key area in Vietnam’s high-tech development strategy.

VOV.VN - Vietnam is likely to become a key market attracting major players in the semiconductor industry, especially following Donald Trump’s landslide victory in the recent US presidential election.

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.