Vietnam is fast becoming a key player in the semiconductor industry, driven by the government’s ambitious goal of cultivating 50,000 chip engineers and designers by 2030. Demand for local talent has surged due to advances in artificial intelligence and supply chain shifts amid tensions between the United States and China. Major companies like Alchip Technologies plan to expand their R & D team in Vietnam, with the goal of adding 100 new engineering positions over three years.
Currently, Marvell’s operations in Vietnam have grown from dozens of engineers to more than 400, and plans to reach about 500 by 2026. The average monthly salary of engineers in Vietnam is US$665, far lower than their counterparts in Singapore (US$5,627) and South Korea (US$2,826), making the country attractive for foreign investment.
Despite this growth potential, challenges such as infrastructure pressures and rising wages threaten sustainability. Executives stressed the need to improve education programs and internship opportunities, while calling on the government to simplify the visa process for foreign workers. As global technology companies increasingly look to Vietnam amid labor shortages elsewhere, its positioning as a semiconductor center will be further strengthened.
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Original text:https://asia.nikkei.com/Spotlight/The-Big-Story/Vietnam-turns-chip-sector-magnet-with-affordable-quality-talent-pool
Original text:https://www.esmchina.com/news/11074.html
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