Mastering Semiconductor Technology: A Key to Vietnam’s Global Supply Chain Role

Vietnam must prioritize semiconductor technology development to avoid remaining a low-value outsourcing destination. At the Smart City Asia Summit 2024 in Hanoi, experts emphasized the dual development of next-generation electronics and the semiconductor industry, alongside building a robust semiconductor ecosystem, as critical for Vietnam to become a significant global supply chain player.

Nguyen Khac Lich, Director General of Vietnam’s ICT Department, highlighted the nation’s first long-term Semiconductor Development Strategy (2024–2030, vision 2050). The strategy, based on a global-local perspective, follows the formula "C=SET+1," encompassing specialized chips, industrial electronics, digital talent, and international collaboration. Lich stressed that Vietnam must innovate beyond traditional electronics by integrating AI into all devices. He outlined eight transformative tasks, including building a small, high-tech chip fabrication plant to address local demand and ensure supply chain security.

Linda Tan, Chair of SEMI Southeast Asia, identified Vietnam as an emerging semiconductor hub, citing political stability, strategic geography near major markets, and a young, tech-savvy workforce. She also credited global firms like Samsung, Intel, and MediaTek for enhancing Vietnam’s position.

Tran Ngoc Hung from MediaTek advocated aggressive investment in research and development (R&D), suggesting partnerships to expedite semiconductor design and commercialization. These efforts, combined with favorable policies and infrastructure development, position Vietnam as a key global player in the semiconductor industry.