On September 21, Vietnam's Prime Minister Pham Minh Chinh signed Decision No. 1018/QĐ-TTg, outlining a comprehensive strategy for the country's semiconductor industry, targeting significant growth by 2050. The plan includes a three-phase roadmap aimed at establishing Vietnam as a global semiconductor hub.

From 2024 to 2030, Vietnam aims to build foundational capabilities in research, design, production, packaging, and testing, aspiring to become a center for semiconductor human resources. During this phase, the government plans to attract foreign direct investment (FDI) to establish at least 100 design firms, one small-scale chip manufacturing plant, and ten packaging and testing facilities, with revenue projections exceeding $25 billion annually.

The next phase, spanning 2030 to 2040, will focus on expanding the semiconductor and electronics industry through both self-reliance and FDI. Goals include forming at least 200 design enterprises and two chip manufacturing plants, with expected revenue surpassing $50 billion.

In the final phase, from 2040 to 2050, Vietnam aims to emerge as a leader in the semiconductor sector, targeting the establishment of 300 design companies and three manufacturing plants, with revenue projections exceeding $100 billion.

Complementing this strategy, Deputy Prime Minister Le Thanh Long also signed Decision No. 1017/QD-TTg, approving a program to develop human resources for the semiconductor industry by 2030. The program aims to train a workforce of 50,000 skilled personnel, including 42,000 engineers, 7,500 master's students, and 500 doctoral candidates, focusing on design, packaging, and production processes. Additionally, 5,000 individuals with expertise in artificial intelligence will be trained to support semiconductor development.

Meanwhile, in Da Nang, local authorities are actively working to establish the city as a semiconductor hub, aiming to become one of Vietnam's top three centers by 2030. The city plans to develop a skilled workforce while collaborating with major businesses to create a comprehensive semiconductor ecosystem. An initial investment of $28 million is being allocated to a factory in Da Nang High-Tech Park, which seeks specialized labor in electronics and semiconductor circuits.

To ensure that talent supply meets industry demand, Da Nang is offering incentives for students and experts, including support for training costs. Experts believe that Da Nang’s strategic vision aligns with Vietnam's broader goals for semiconductor development, emphasizing the importance of workforce training and international collaboration in this rapidly growing sector.