Vietnam Declares Ambitious Plan to Establish 50,000 Semiconductors Engineers by 2030

Nguyen Chi Dung, the Minister of Planning and Investment, has announced plans to train 50,000 engineers in the semiconductor industry by 2030. Additionally, there will be policies to attract more industries to establish themselves in Vietnam. Various semiconductor companies from countries such as the United States, South Korea, Japan, and Europe have shown interest in setting up factories in Vietnam.

Vietnam is one of the two countries in ASEAN with Intel factories. However, these factories mainly focus on chip assembly and testing. In the beginning of this year, there were reports of plans to expand these factories. As Vietnam strives to promote domestic semiconductor manufacturing, companies like Viettel and FPT are involved in chip design.

TLDR: The Minister of Planning and Investment in Vietnam intends to train 50,000 engineers in the semiconductor industry by 2030 and attract more semiconductor companies to establish themselves in the country. Vietnam is already home to Intel factories, but efforts are being made to expand domestic semiconductor manufacturing.