Accompanying him at Thursday’s meeting with the prime minister were executives from America’s largest semiconductor companies, including Intel, Qualcomm, Ampere and ARM.
“The U.S. semiconductor industry is short of workers,” Neffeur said.
“Since Covid-19, the Vietnamese [semiconductor] labor compensated for this shortage. Vietnam is the most attractive destination for American investors in the semiconductor industry and could play the role of a strategic labor supply partner. »
The trade association commended Vietnam for the remarkable progress made by its semiconductor industry, becoming a crucial link in the global supply chain.
Neffeur looks forward to Vietnam’s plan to develop its semiconductor industry and hopes that the country will take the opportunity to make further progress, especially in chip design, which does not require as much investment as manufacturing.
Chinh said Vietnam is developing a strategy to expand its workforce and attract high-tech foreign companies through incentives.
It currently has about 6,000 engineers working for domestic and foreign chip companies, and by 2030 it will have 50,000 highly skilled engineers, especially in semiconductor design, he said.
He spoke about the agreement to develop science, technology and innovation under the recently established comprehensive strategic partnership between the United States and Vietnam, and said resources should be allocated to key sectors, especially semiconductors.
He and U.S. leaders agreed that collaboration between the two countries could be mutually beneficial.
He tasked the Ministry of Planning and Investment and other government agencies to plan collaboration with SIA.
He said the SIA should urge the US government to recognize Vietnam as a market economy, remove unnecessary limitations on technology transfer, workforce development and the construction of research laboratories, and to support Vietnamese companies in the US semiconductor supply chain.
In September, the SIA president and industry leaders promised Chinh that they would organize more visits to study Vietnam’s potential and connect businesses from the two countries.
SIA members account for 99% of all sales in the U.S. semiconductor industry.
