Vietnamese authorities have announced ambitious plans for the development of the semiconductor industry, which envisage the construction of six factories by 2050 and the achievement of annual income of $100 billion from this sector. This strategy aims to make the country one of the key players in the global microelectronics market.
According to the strategy adopted within the framework of Resolution No. 1018/QD-TTg under the leadership of Prime Minister Pham Minh Chinh, the plan is divided into several stages. The first phase, which will be completed by 2030, involves the construction of the first factory for the production of chips and the creation of 10 factories for packaging and testing. Vietnam also plans to train more than 50,000 specialists and receive $25 billion in annual income from the semiconductor sector. Revenues from electronics are expected to reach $225 billion per year.
In the period from 2030 to 2040, it is planned to build two more factories and increase the number of packaging and testing enterprises to 15. At the same time, the number of engineers in the semiconductor industry will increase to 100,000 people, and the annual income from this industry will exceed $50 billion. Vietnam will try to strengthen its positions in the electronics industry with revenues exceeding $485 billion.
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000At the final stage, by 2050, Vietnam plans to complete the construction of three more factories, bringing their total number to six. By this time, the number of companies engaged in chip design will grow to 300, and the total revenue from the semiconductor industry will reach $100 billion per year. The country aims to achieve full self-sufficiency in semiconductor production and become one of the global leaders in this industry.
Although Vietnam is not currently a leading player in the semiconductor market, significant investment by international companies such as Intel and Samsung Electronics, testify to the country's high potential in this field. Intel, for example, already has a large chip assembly and testing plant near Ho Chi Minh City.
However, Vietnam faces several challenges in realizing these ambitious plans. These are, in particular, the lack of energy resources, the need to modernize the technological infrastructure and the low level of wages, which can affect the attraction of highly qualified specialists. Solving these problems will be critical for the successful development of the semiconductor sector and ensuring long-term economic growth.