22-2-2024 (HANOI) Vietnam, amidst its ambitions to become a key player in the semiconductor industry, faces a significant challenge – a shortage of chip design engineers. The country aims to employ between 5,000 to 10,000 chip design engineers annually, but its current human resource capacity falls short, constituting less than 20 percent of the required workforce, as reported by Vietnam News Agency on Thursday.
As of the close of 2023, Vietnam has managed to cultivate a talent pool of over 5,500 chip design engineers. Despite this progress, the demand for skilled professionals in this field continues to outpace the available workforce.
A report by Technavio forecasts a potential 6.5 percent annual expansion in the Vietnamese semiconductor market during the period of 2021-2025. However, the industry grapples with a critical issue – the scarcity of qualified human resources.
The Ministry of Education and Training in Vietnam reveals that the country presently boasts 35 tertiary training institutions capable of offering semiconductor training programs. However, the number of experienced professionals remains insufficient.
This human resource shortage emerges as a major deterrent for potential investors considering investment in Vietnam, notes the Ministry of Education and Training.
In response to this pressing challenge, the ministry has devised an action plan to enhance both the quality and quantity of semiconductor human resources. The primary focus is on nurturing skilled IC (Integrated Circuit) design engineers, essential for the country’s semiconductor ambitions.
