Hanoi (VNA) - Vietnam's semiconductor industry stands at the threshold of a billion-dollar opportunity, yet faces a critical shortage of high-skilled talent that threatens to derail its ambitious plans to integrate deeply into global value chains.
Human resources – the most daunting challenge
Under the semiconductor industry development strategy by 2030 with a vision to 2050, Vietnam sets a target to train at least 50,000 high-quality professionals. Ho Chi Minh City along shoulders some 9,000 in the domains of integrated circuit design, chip manufacturing, and related technologies.
Deputy Director of the municipal Department of Science and Technology Nguyen Huu Yen described the semiconductor industry as a blood vessel for the global economy, creating foundations for high-tech sectors like AI, IoT, big data, and smart electronic devices.
For businesses, it is necessary to identify the skills and knowledge gaps in students, as well as contribute to the training process. Meanwhile, state management agencies should create an ecosystem that is attractive enough to retain talent and draw major global tech giants.
As the country’s economic and science-tech hub, HCM City is determined to lead the charge in semiconductor development, seeing it an opportunity and a historical responsibility with domino effects on the entire southern key economic region and the country as a whole.
Director of the Centre for the 4th Industrial Revolution in HCM City (HCMC C4IR) Le Truong Duy cited a Deloitte report projecting the global semiconductor market to reach 1 trillion USD by 2030, while the world faces a shortage of at least one million engineers. This presents both a formidable challenge and tremendous opportunity for Vietnam.
Currently, Vietnam's semiconductor industry is still in its early stage but has begun to show signs of growth. Major global players like Samsung, Amkor, Nvidia, and Qualcomm have selected Vietnam as a strategic destination. Domestically, companies like Viettel and FPT Group have started participating in the supply chain.
Duy said the country has only about 7,000 microchip engineers. HCM City supplies around 400-500 students to companies annually, fulfilling less than 10% of the national strategy’s target. In the meantime, there are fewer than 10 professors in the city with experience in “tape-out chip”.
Semiconductor alliance and breakthrough solutions
The HCM City Department of Science and Technology, in collaboration with the HCMC Semiconductor Technology Association (HSIA), has recently established the Alliance for Research and Training in Semiconductors and Microelectronics (ARTSeMi).
This alliance aspires to become a "common home" for substantive cooperation through innovative training programme development, integration of enterprises into teaching processes, sharing of research resources, and technology transfer. This strategic move aims to cultivate a generation of "golden human resources" for the semiconductor industry, realising technological autonomy goals and sustainable digital economy development.
Duy said HCMC C4IR will join hands with the HSIA and the alliance to develop a semiconductor institute, helping restructure national key R&D programmes, establish cross-industry, cross-regional, and international R&D alliances, and promote research cooperation, training, and technology transfer initiatives.
Meanwhile, Yen held that universities and institutes must quickly innovate their curricula, bridging the gap between theory and practice. Notably, mechanisms must be penned for enterprises to participate in programme development, laboratory sponsorship, internship guidance, and recruitment processes./.
See more
Reference exchange stays stable on June 16
The State Bank of Vietnam set the daily reference exchange rate at 25,165 VND/USD on June 16, unchanged from the previous day.
Kim Long Motor partners with Germany’s ZF Group in automotive technology
Under the agreement, the two sides will pursue broad cooperation in integrating ZF Group’s core components into both internal combustion engine vehicles and electric vehicles (EVs) manufactured by Kim Long Motor.
Vietnam’s textile industry faces pressure from EU's new rules from 2028
The European Union’s planned implementation of the Digital Product Passport (DPP) from 2028 is pushing Vietnam’s textile and garment industry to begin building the data infrastructure needed to meet the new requirements.
Vietnam, EU enhance cooperation in green finance
Minister of Finance Ngo Van Tuan called on the EU to help facilitate Vietnamese firms' access to green finance, expand technical and financial assistance for green transition, and enhance cooperation in strategic technologies, innovation, digital finance and high-tech human resources development.
Vietnam seeks new export pathways to Middle East, South Asia
With a long-term market development strategy and effective utilisation of FTA benefits, Vietnamese enterprises will be well-positioned to deepen their integration into global value chains and distribution networks.
Vietnam, ADB to advance strategic projects with strong economic impact
ADB has identified a pipeline of 27 projects for Vietnam through 2029, with total planned financing of approximately 4.6 billion USD. The projects focus on sectors that are among Vietnam’s priorities, including infrastructure, energy, urban development, agriculture and public sector management.
Public-private partnership key to urban railway development
The city is currently prioritising six key metro projects during the 2025–2030 period, with the goal of completing around 200 km of urban railway lines by 2030 at an estimated investment cost of more than 19 billion USD.
Credit flows expected to support Ho Chi Minh City’s double-digit growth ambitions
According to experts, Ho Chi Minh City should continue developing its capital market, specialised financial institutions and advanced financial products to complement bank lending and reduce dependence on traditional credit sources.
Exports gain momentum from high-tech growth drivers
According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.
Resolution 10-NQ/TW marks significant upgrade in Vietnam’s FDI approach
More than a policy document on foreign-invested economic development, Resolution No. 10-NQ/TW represents a significant shift in Vietnam’s development thinking, from an economy relying heavily on low-cost advantages to one driven by knowledge, technology and endogenous strength.
Reference exchange rate rises slightly at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 25,165 VND/USD on June 15, up 10 VND from the last working day of the previous week.
Vietnam, Tunisia target coffee, olive oil as trade ties deepen
Though geographically distant, the two countries share strategic locations in their respective regions, skilled human resources, and a strong commitment to expanding international trade, which form the bedrock for a lasting and mutually beneficial partnership.
Gia Lai showcases investment potential to Korean businesses
Gia Lai is committed to creating the most favourable conditions for investors and accompanying them throughout the process of project research, implementation and operation, an official has said.
Da Nang promotes investment links for pioneering Free Trade Zone
The conference also highlighted the role of digital technologies in building next-generation FTZs. Proposed solutions included the adoption of artificial intelligence (AI), the Internet of Things (IoT), big data, cloud computing and digital customs systems to improve operational efficiency, streamline logistics, accelerate customs procedures and enhance transparency for investors.
Venture Forum 2026 highlights new drivers of Vietnam's M&A market
Held under the theme “Vietnam's M&A Moment: The Unseen Dynamics”, the forum focused on the opportunities and challenges facing the country's M&A market as businesses pursue new growth strategies amid a rapidly evolving economic landscape.
Investment, reforms and infrastructure emerge as Vietnam's new growth drivers: SSI Research
In its strategy report for the second half of 2026, SSI Research projected Vietnam's real GDP growth at 8.2-8.5% year-on-year in the second quarter, with potential upside towards 9% if June data proves stronger. The forecast would mark an acceleration from the 7.83% growth recorded in the first quarter.
Vietnam–China crossings see spike in ASEAN fresh produce
Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).
Green SM poised to make mark in Indian market
Green SM's strengths, including a dedicated fleet, professional drivers and premium electric limousine models, can help differentiate the company and attract customers seeking higher-quality services in India.
Cuban newspaper highlights Vietnam’s offshore wind energy potential
The Global Wind Energy Council (GWEC) has been actively cooperating with Vietnam, which is regarded as one of Southeast Asia’s most promising offshore wind markets, Cuba’s e-newspaper Prensa Latina reported.
Soaring lychee prices drive Bac Ninh’s early-season revenue past 2.6 trillion VND
Bac Ninh province expects total lychee output to reach 125,000 tonnes in 2026, equivelent to 60.9% of the 2025 figure. However, authorities forecast revenue will surpass last year's level as prices are expected to remain high throughout the harvest season.