Semiconductor To Become Critical National Industry In Vietnam: Minister

Semiconductor To Become Critical National Industry In Vietnam: Minister

HANOI, Dec 14 (NNN-VNA) – The semiconductor industry will be a foundational sector and critical national industry of Vietnam for the next 30-50 years, Minister of Information and Communications, Nguyen Manh Hung, was cited as saying.

He said, 2024 would be the first year Vietnam adopts the National Strategy on Semiconductor Industry Growth.

Minister of Planning and Investment, Nguyen Chi Dung, said, Vietnam had advantages in developing its semiconductor industry, particularly its human resources.

The National Innovation Centre is building a project on developing human resources for the semiconductor industry, as part of Vietnam’s efforts to provide 50,000 engineers for the industry, the report said.

The centre’s vice director, Vo Xuan Hoai, said, it was working with semiconductor chip giants in the world, to explore their demands, thus giving a forecast of human resources demands in the future, especially for those who are operating in Vietnam or keen on investing in Vietnam.

It is estimated that Vietnam’s semiconductor industry could exceed 6.16 billion U.S. dollars by 2024.

– NNN-VNA

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