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Semiconductor industry needs 50,000 high-quality workforce in next 10 years

Vietnam's workforce demand in the semiconductor–microchip field is forecast to be around 20,000 engineers for the next five years, and 50,000 engineers in the next 10 years, according to economists from the Fullbright University.
Semiconductor industry needs 50,000 high-quality workforce in next 10 years ảnh 1Illustrative image (Photo: tuoitre.vn)
Hanoi (VNA) - Vietnam's workforce demand in the semiconductor–microchip field is forecast to be around 20,000 engineers for the next five years, and 50,000 engineers in the next 10 years, according to economists from the Fullbright University.

Regarding Vietnam’s preparations for training high-quality human resources serving the semiconductor industry, Nguyen Thu Thuy, Director of the Higher Education Department under the Ministry of Education and Training, said the number of microchip designing engineers in the country is approximately 5,000.

According to experts from technology universities, the demand for training human resources in this area in the coming years is expected to be around 3,000 engineers per year, with at least 30% of them being postgraduate graduates.

Semiconductor industry needs 50,000 high-quality workforce in next 10 years ảnh 2Nguyen Thu Thuy, Director of the Higher Education Department under the Ministry of Education and Training. (Photo: VNA)

Vietnam is home to over 50 foreign-invested businesses that have invested in the microelectronics and semiconductor industry, with significant
demand for high-quality human resources, especially in the field of microchip design.

It is expected that more corporations will invest in Vietnam in designing and producing microchips in the coming time.

Thuy said Vietnam has many policies to encourage higher education institutions to expand and develop Science, Technology, Engineering and Mathematics (STEM) training programmes, focusing on sectors related to information technology and communications, as well as those serving the demand of workforce for the 4th industrial renovation, AI, and Bigdata.

During 2019 - 2022, the number of new students in STEM fields increased by an average of 10% per year, surpassing the overall growth rate of 6.5%. The fields with the strongest annual growth rates were computer science and information technology (17.1%) and engineering technology (10.6%).

Leading technology universities in Vietnam are ready in terms of training capacity to meet the demand for human resources in the semiconductor and microchip industry.

Thuy also mentioned challenges facing education and training institutions in attracting students and improving the quality of training to meet the strict requirements of businesses, saying that it is necessary to have relevant support policies from the State.

According to Thuy, the Ministry of Education and Training is presiding over the development of two important projects on training and developing high-quality human resources to serve high technology, which propose support and incentive policies for human resources development in STEM and high technology in general, including electronics, semiconductor, and microchip; and on forming research and
training centres focusing on core technologies of Industry 4.0.

The ministry is rushing to develop an action plan to promote training and research related to semiconductor and microchip technology, which
is expected to be submitted to the Prime Minister this month, Thuy added./.
VNA

According to Dr. Le Minh Nghia, Chairman of the Vietnam Financial Consulting Association (VFCA), AI has become a key driver reshaping the global financial industry. In Vietnam, the technology is already widely used in banking and finance for credit analysis, electronic customer identification (eKYC), risk management, service personalisation and real-time transaction processing.

Since the Prime Minister issued Directive 38, which directs ministries and agencies to strengthen efforts against IP violations, 1,438 cases had been detected and processed as of May 27.

The workshop aims to achieve three key objectives providing a platform for academic exchange and strengthening collaboration between leading international scientists and young researchers, including doctoral students; promoting multidimensional scientific dialogue on major open questions in the field; and initiating new directions for international research cooperation with the active participation of Vietnam's physics community.

With the bilateral relations continuing to grow and the determination of both sides to advance innovation, cooperation in AI and high technology is expected to become one of the most dynamic pillars of Vietnam-Singapore relations in the coming time.

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After four editions of the Top Industry 4.0, this year, the programme was officially renamed “Vietnam I4 Impact Awards”, which is not just a change in name but a shift in development thinking and core values.

Experts said close coordination among State management agencies, research institutes, universities, and businesses will improve training quality and serve the dual goals of quality education and practical research application.

To promote copyright protection, Vietnam is accelerating efforts to master core technologies and build integrated platforms capable of receiving, processing, distributing and protecting digital content on a unified system.

OVs hope the two countries can establish an interconnected cooperation mechanism in the technology supply chain, from sharing research, testing, and development infrastructure to training human resources, thereby forming a technology alliance able to compete with others in the ASEAN region and the world.

Part of the Vietnam Innovation Challenge 2026, the programme goes beyond conventional coding competitions by requiring participants to develop AI-driven solutions to business challenges in real time.

Many experts in Singapore expressed their hope that the General Secretary and President’s visit will pave the way for more substantive cooperation mechanisms between Vietnam and Singapore in high technology, innovation and human resources development.

Ho Chi Minh City currently hosts 143 science and technology enterprises, accounting for around 20% of the national total. Total factor productivity (TFP) contributes 59% to the city’s GRDP growth, with science and technology responsible for 74% of TFP growth.

Over recent years, NSTDA has built strong partnerships with Vietnamese research institutes and organisations in agriculture, biotechnology, energy and sustainable development. Notable examples include joint projects on cassava value chains, salt-tolerant rice, biotechnology products and an initiative on green energy cooperation and development in the Mekong basin.

Vietnam now needs more effective digital transformation to create higher productivity, new growth models and stronger competitiveness in the AI era, said participants at the plenary session of the Vietnam-Asia DX Summit 2026.

The project aims to transform VNeID into a modern, secure and highly scalable national digital platform capable of effectively serving citizens, businesses, agencies and organisations in handling administrative procedures, accessing online public services, conducting electronic transactions and using digital utilities.

More than just a major technology competition for engineering students, this year’s event provides a platform for innovation, artificial intelligence (AI) and practical industrial applications to converge.

Regional Representative of the UNODC for Southeast Asia and the Pacific, Delphine Schantz, recommended that countries should treat the UN Convention against Cybercrime (Hanoi Convention) as a ‘starting point,’ instead of an ‘end goal.’

The inclusion of Vietnamese researchers in the 2026 Asian Scientist 100 list alongside Nobel laureates highlights Vietnam’s increasing integration into the global scientific community and its expanding research capabilities.

For Ho Chi Minh City, science, technology and innovation have been identified as key drivers of growth in the new development period. Biotechnology, therefore, is considered one of the sectors capable of generating high added value and promoting the transition towards a greener growth model.

Addressing the forum, Vietnamese Ambassador Tran Phuoc Anh expressed appreciation for the initiative to connect Vietnamese intellectuals in Singapore and make the most of the city-state’s strengths in science, technology and innovation.