Want to be in the loop?
subscribe to
our notification
Business News
MINISTRY DRAFTS PROJECT ON HUMAN RESOURCES DEVELOPMENT FOR SEMICONDUCTOR INDUSTRY
The Ministry of Planning and Investment (MPI) is gathering ideas on a draft project to promote human resources development for the semiconductor industry until 2030 with a vision to 2050, destined for the approval of the Prime Minister.
MPI Deputy Minister Nguyen Thi Bich Ngoc said that the building of the project is crucial, especially in the current period. She said that the ministry has collected opinions from ministries, sectors, localities, research institutes, and universities while listening to ideas from domestic and foreign experts.
Its objectives include ensuring that by 2030, the Vietnamese semiconductor industry’s human resources participate in the process of designing semiconductor microchips to meet the actual needs of the market. The sector will also engage in packaging and testing semiconductor microchips, and gradually grasp the technology in the semiconductor manufacturing stage. By the end of the year, Vietnam aims to train at least 50,000 engineers and bachelor's degrees to serve the semiconductor industry in all stages of the value chain.
By 2050, Vietnam expects to become an important link in the global semiconductor industry value chain with a contingent of engineers and experts capable of meeting the development requirements of the Vietnamese semiconductor industry in both quality and quantity.
To continue perfecting the draft project, Ngoc called on ministries, sectors, localities, institutes, universities, and experts to contribute direct and specific ideas on the draft. They should review project funding, standard laboratories, private sector participation, the scope, and the renaming of the project.
Vice Chairman of the People’s Committee of Da Nang City Ho Ky Minh said the budget will serve as the basis for implementing the objectives of the project, meeting the urgent needs of the industry. At the same time, the inclusion of the number of standard laboratories will create the foundation for developing investment policy proposals to submit to competent authorities for approval, enabling the investment procedures to be carried out following the law.
He also supported the encouragement of private sector engagement to persify resources for the building and implementation of the project, especially from State-owned and private enterprises.
Representatives from several universities asserted that during the project’s implementation process, it is necessary to continue to have the active participation of relevant parties, especially the cooperation and consensus of institutes and training facilities.
Ngoc said that developing the semiconductor industry is an objective requirement and a strategic choice, stressing that developing high-tech science will promote the country's growth. Training for the semiconductor industry will educate high-quality human resources, she said. The process must be synchronised with developing the semiconductor industry ecosystem and associated with training in specialised sciences following the roadmap and fields in which Vietnam has strengths.
Source: VIR
Related News
VIET NAM’S EXPORT-IMPORT TURNOVER HITS OVER US$681 BLN BY MID-NOVEMBER
As of November 15, Viet Nam's total import-export turnover reached US$681.48 billion, a year-on-year increase of 15.7 percent, reported the General Department of Viet Nam Customs.
TELECOMS SERVICE PROVIDERS INVEST IN 4G, 5G TECHNOLOGIES
The Ministry of Information and Communications (MIC) cited the Groupe Speciale Mobile Association (GSMA) and Ericsson as predicting that 4G will remain the dominant technology with the majority of subscribers, 55 per cent, to 2025.
VIETNAM ON THE RISE: KEY INVESTMENT OPPORTUNITIES IN THE NORTH CENTRAL REGION – JOIN OUR WEBINAR!
WHA Group invites you to an exclusive webinar, "Vietnam on the Rise: Key Investment Opportunities in the North Central Region," co-hosted with ICBC Bank and Yingke Law Firm. This insightful session will explore the expanding investment landscape in North Central Vietnam, with a particular focus on Nghe An Province—an emerging hub for industrial growth and land development.
NAM DINH TO BUILD TWO NEW INDUSTRIAL CLUSTERS
Its primary industrial activities are mechanical engineering, supporting industries, food processing, pharmaceutical production, automotive parts manufacturing, electronics assembly, electrical equipment production and other manufacturing and processing industries.
FROM 2026, SMALL BUSINESSES WITH REVENUES UNDER VNĐ200 MILLION WILL BE EXEMPT FROM VAT
Effective January 1, 2026, a new regulation approved by the National Assembly (NA) on Tuesday will exempt individuals and household businesses with annual revenues below VNĐ200 million (approximately US$7,870) from value-added tax (VAT).
INVESTORS BETTING ON CONSTRUCTION STEEL THROUGH 2025
"During 2025-2026, MBS expects construction steel and hot-rolled coil steel to increase by 7 per cent and 8 per cent, respectively, due to rising demand and easing pressure from China. Domestic manufacturers stand to gain market share as anti-dumping duties take effect in December," noted the MBS steel sector Q3 report.