The Vietnamese government has set ambitious short- and long-term goals for the semiconductor industry, including establishing three semiconductor production facilities and 20 packaging and testing facilities by 2050.
According to media reports, the sector is targeting $25 billion in revenue by 2030.
According to the Trend Force report, Vietnam has outlined five specific challenges and measures, including developing specialized chips, promoting the development of the electronics industry, developing human resources and attracting talent in the semiconductor field, and attracting investment in the semiconductor sector. did. A recent article published on the Vietnam government news website.
In Phase 1 (2024-2030), the government aims to attract FDI and build foundational capabilities across the semiconductor value chain, including research, design, manufacturing, packaging and test, with at least 100 companies Our goal is to establish a design company. A small semiconductor chip manufacturing facility and 10 packaging and test facilities.
Vietnam’s goal during Phase 2 (2030-2040) is to establish at least 200 design companies, two semiconductor chip manufacturing factories, and 15 packaging and testing facilities.
In Phase 3, the country plans to establish at least 300 design companies, three semiconductor chip manufacturing factories, and 20 packaging and testing facilities, according to a vision statement signed by Prime Minister Pham Minh Trinh.
In recent years, Vietnam has attracted investments from semiconductor giants such as Samsung, Intel, ASE, Texas Instruments, NXP, ON Semiconductor, Qualcomm, Renesas Electronics and Infineon.
This week, Taiwan’s MICROIP and Vietnam’s Ho Chi Minh City University of Foreign Languages and Information Technology signed a memorandum of understanding to embark on extensive cooperation in integrated circuit design and AI.
A few days ago, CT Semiconductor (part of CT Group) opened the ATP Semiconductor Chip Technician Training Center in Hanoi.
In April, President Pham Minh Trinh asked military communications company Viettel to develop the semiconductor chip industry in “more efficient and diverse ways”.
