Thu. Nov 28th, 2024

The 2nd Viet Nam Semiconductor Strategy Summit which opens today
brings together executives of the world’s leading microelectronics
companies, with delegates representing Vietnamese government, academia,
research and industry.

They will discuss the key strategies, challenges and opportunities facing the Viet Nam semiconductor industry.

The event, which brings together key decision-makers shaping the
future of the industry in Viet Nam, will help forge connections and
relationships that will drive growth over the next decade and beyond.

Viet Nam remains committed to entering the global microelectronics world, moving beyond the back-end, organisers have said.

While the first Summit provided a platform to discuss the need for a
local supply chain, workforce development, RD collaboration and
intellectual property protection, many challenges still remain as the
fab project nears the approval stage.

From water supply infrastructure to device design, this year’s SEMI
Viet Nam Semiconductor Strategy Summit will feature discussions vital to
the future of the industry.

At a press conference held yesterday, Kai Fai Ng, of SEMI Southeast
Asia, said the Vietnamese government was introducing new initiatives to
develop the semiconductor industry as a national strategic priority, and
was poised to make significant strategic investment in developing a
domestic semiconductor supply chain.

Organising the event in HCM City is a clear indication that Viet Nam
plays an increasingly important role in the global semiconductor
industry.

The summit is organised by Semiconductor Equipment and Materials
International in collaboration with Sai Gon Hi-tech Park and HCM City
Semiconductor Industry Association.

Le Hoai Quoc, president of SHTP, said microelectronics was one of several priority development fields of SHTP and HCM City.

To call for investment in the field, SHTP has offered many programmes
to support businesses, to be supported with preferential-interest loans
not exceeding VND100 billion (US$4.76 million) for each project.

Quoc said SHTP would ask HCM City to increase the loan value in the
future, explaining that at least $200 million would be needed to open a
microchip factory.

In 2012, the HCM City People’s Committee approved a programme to
develop the microelectronic industry in the 2012-2020 period under
Decision No 6358/QD-UBND.

The ambitious programme includes training for microelectronic design,
business incubation strategies, founding of a design house and
construction of microelectronic manufacturing factories.

SHTP contributes an important role in the city’s microelectronic
development strategy. It has been assigned the important duty of
incubating businesses, which will help further growth of the industry.

The first microelectronic factory invested in by the Sai Gon Industrial Corporation will be built at SHTP.

VNS/VNN

By vivian