Workshop seeks ways to elevate Vietnam to global semiconductor supply chain

A view of the workshop on Vietnam's semiconductor industry in Hanoi on November 7. (Photo: NIC)

Hanoi – Vietnam is expected to become a reliable partner in the global semiconductor supply chain, heard a workshop in Hanoi on November 7.

The Southeast Asian nation has promoted cooperation with developed countries and economies worldwide in this field, Deputy Minister of Planning and Investment Nguyen Duc Tam told the workshop, jointly held by the Vietnam National Innovation Centre (NIC), the Embassy of the Netherlands, and the Semiconductor Equipment and Materials International (SEMI).

Stressing the importance of semiconductors to Vietnam’s sustainable economic development, the official said the country is well-positioned to embrace opportunities for collaboration with businesses and investors from around the world in the industry.

Participants looked into globalisation trends in semiconductor manufacturing as well as opportunities for Vietnam to join the global chain and its efforts in this.

Dutch Ambassador Kees van Baar said Vietnam is fully capable of leveraging its existing supporting industries to participate in this value chain more intensively and that the Netherlands is ready to partner with Vietnam to contribute to the global semiconductor sector.

The delegates shared the view that connectivity and partnership between domestic and international firms will be the key to enhancing competitiveness and spurring sustainable growth for Vietnamese companies as they join the value chain.

They emphasised that developing a high-quality workforce for the industry is a long-term effort requiring commitment and collaboration from multiple stakeholders, saying preparing a quality talent pool, including specialised engineers and skilled labourers who meet the unique demands of the sector, is essential./.