Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan said on December 8 that the city is ready to welcome businesses in the semiconductor industry while receiving President and CEO of the US Semiconductor Industry Association (SIA) John Neuffer.

Vietnam is ready in terms of infrastructure and necessary conditions to receive investment projects from US semiconductor enterprises, said Minister of Planning and Investment Nguyen Chi Dung.

Prime Minister Pham Minh Chinh hosted a reception in Hanoi on December 7 for President of the US Semiconductor Industry Association (SIA) John Neuffer and leaders of major US semiconductor companies such as Intel, Qualcom, Ampere and ARM, who are on a working visit to Vietnam.

In Vietnam, the semiconductor industry is believed to hold huge potential for making breakthroughs to help with fast and sustainable economic development, but the shortage of manpower is posing a huge challenge.

In the near future, Vietnam will become a reliable partner and an important link in the global semiconductor manufacturing and supply chains, according to Minister of Planning and Investment Nguyen Chi Dung.

Though bringing in billions of US dollars in revenue, the Vietnamese semiconductor industry is still facing a host of challenges, especially the shortage of a skilled workforce.

VOV.VN - Vietnam and Japan should boost cooperation in spearhead industries such as green transformation, digital transformation, innovation, and semiconductor chip manufacturing, Prime Minister Pham Minh Chinh told Japanese Minister of Economy, Trade and Industry Nishimura Yasutoshi in Hanoi on November 3.

VOV.VN - The management board of the Ho Chi Minh City Hi-Tech Park on November 2 granted an investment certificate to Dutch multinational company BE Semiconductor Industries N.V to manufacture semiconductor equipment components.

The Ministry of Education and Training (MoET) and educational institutions are working to promote the training of human resources for the semiconductor industry, which now has great demand for high-quality manpower.

VOV.VN - For the first time Vietnam has established a national semiconductor network which was inaugurated on October 29 as part of the Vietnam Semiconductor Summit.