Taiwan and Vietnam Collaborate in Constructing the Semiconductor Ecosystem
Under the witness of Vietnam’s Prime Minister Phan Minh Chinh and all major ministers, ten multinational organizations including Taiwan’s ‘Southeast Asia Semiconductor Center’ and ‘Southeast Asia Semiconductor School,’ Google, Intel, and Samsung, signed a memorandum with the Vietnam National Innovation Center on the 28th.
Vietnam’s semiconductor industry is making significant progress, collaborating with a host of prominent Taiwanese and international companies led by MediaTek to jointly establish a semiconductor ecosystem. On the 28th, witnessed by Vietnam’s Prime Minister Phan Minh Chinh and ten ministers, a memorandum of cooperation was signed in Hanoi, primarily focused on semiconductor-related high-tech industries. Participating companies include Google, SpaceX, Intel, Samsung, and Taiwanese entities such as the Southeast Asia Impact Alliance (SIA), ALiTech, Ennoconn, TopCo, and Marketech. The collaborative actions within this new project have garnered significant attention.
Taiwan’s Southeast Asia Impact Alliance (SIA) and Vietnam’s largest fund management company, VinaCapital, simultaneously established the Southeast Asia Semiconductor Center (SSC) and the Southeast Asia Semiconductor School (SSS). These entities will facilitate research and development cooperation in the semiconductor industry, fostering the interaction of technology, talent, and industry to construct a semiconductor ecosystem in Vietnam, bridging the gap between Vietnamese semiconductor talent and Taiwanese semiconductor companies.
Founder of the Southeast Asia Impact Alliance, Mr. CY Huang, expressed that Vietnam places significant importance on this collaborative initiative. Immediately following the signing, several major enterprises approached them to discuss talent and technical collaboration. VinaCapital serves as SIA’s Vietnamese coordinating unit, and Vietnam’s National Innovation Center (NIC) falls under the Investment Department’s plan, with a status similar to Taiwan’s Ministry of Economic Affairs. VinaCapital will work towards establishing SSS and SSC at NIC. As for the Hoa Lac Hi-Tech Park, it is Vietnam’s most advanced high-tech park, having signed a strategic alliance with Taiwan’s Hsinchu Science Park.
SIA recently organized the ‘Taiwan-Vietnam Semiconductor Summit’ at the end of September in Hanoi. Mr. CY Huang emphasized that, due to political factors, Vietnam cannot formally sign high-level cooperation agreements with Taiwan, making this initiative led entirely by civil organizations. This has attracted announcements of investment plans in Vietnam from companies including Synopsis (U.S.), Marvell, and Hana Micron (South Korea), while Taiwan holds a leading position in the semiconductor industry but is relatively behind in terms of this particular expansion.
During the previous ‘Taiwan-Vietnam Semiconductor Summit,’ Taiwanese participants confirmed the advantages of the Vietnamese industry, particularly the local talent pool. Surveys indicate that Vietnam, with its population of 100 million, currently has only 5,000-6,000 hardware engineers trained in the semiconductor industry. It is expected that the industry will require 20,000 engineers within five years and 50,000 within ten years. Huang Qiyuan noted that Vietnamese students studying in Taiwan are the largest group of foreign students, primarily majoring in science and engineering. Vietnam’s National University (VNU) also participated in signing the memorandum of understanding (MOU), and it is expected that future Taiwan-Vietnam cooperation in terms of talent will drive the next wave of growth.”
Source:Commercial Times |Link
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