Vietnam’s rise in the semiconductor industry drives demand for advanced packaging solutions
Vietnam is fast emerging as a serious player in the global semiconductor landscape. With substantial investments from both the Vietnamese government and major tech companies, this Southeast Asian country is drawing attention from around the world as it develops into a promising future semiconductor hub.
Technical Talent in Vietnam
A key factor in Vietnam’s appeal is its highly skilled workforce and the government’s commitment to further cultivating the existing technical talent. The country already has a robust talent pool, particularly in the IT sector, where there is an abundance of skilled engineers specializing in all aspects of software engineering. Vietnam’s education system emphasizes STEM disciplines—particularly math and science—starting in middle school, which helps to produce a talented workforce. However, semiconductor engineering is a relatively new domain, necessitating additional training and education. To bridge this gap, the government has set ambitious goals, including the training of 50,000 semiconductor engineers by 2030.
In order to equip a new generation of engineers in Vietnam who can contribute to high-tech manufacturing and innovation, the NIC (National Innovation Center) is also working on further developing the semiconductor industry ecosystem and workforce. They have collaborated with organizations and universities from countries who have a strong economy in the semiconductor industry, including the US, Japan, Taiwan, and the Netherlands.
Advantages for Semiconductor Manufacturing in Vietnam
For companies considering investment in semiconductor manufacturing, Vietnam presents significant advantages. The country boasts a young, dynamic workforce that is not only sizable but also adaptable and eager to learn. With a high demand for manufacturing jobs, the Vietnamese labor market has proven efficient and motivated, particularly in technical roles.
Vietnam’s Pro-Business Visa Policies
Additionally, Vietnam’s favorable visa policies facilitate the smooth influx of global talent. This openness has fostered vibrant expat communities in cities like Hanoi and Ho Chi Minh City, where professionals from diverse backgrounds have established a thriving network. The collaboration between local and international experts in these areas accelerates industry growth, further fueled by Vietnam’s emphasis on technical education.
The Future of the Semiconductor Industry in Vietnam
The timing couldn’t be better. With an unprecedented global demand for semiconductors, companies are looking for locations that not only offer affordable production but also have a pipeline of skilled talent. Companies are already investing- Intel is already operating its largest IC assembly and testing facility there, and Germany’s top semiconductor company, Infineon, recently launched a product development team in Hanoi.
Vietnam, with its proactive educational initiatives, supportive policies, and growing talent base, has positioned itself as an attractive alternative for companies expanding beyond traditional semiconductor hubs.
In a world that’s increasingly reliant on semiconductors, Vietnam’s vision and commitment to building a competitive edge in this field are setting it up to be a key player. With the right mix of local talent and international partnerships, the country is on a promising path to becoming a regional—and perhaps even global—semiconductor manufacturing powerhouse.
Vietnam’s emergence as a new semiconductor player underscores a vital need for advanced packaging solutions that safeguard these delicate components. TransPak is actively working on establishing a local presence in the region to fill this critical gap. As this “new frontier” for high-tech manufacturing continues to expand, TransPak is committed to delivering the packaging expertise needed to help Vietnam reach its full potential.
Explore how TransPak is enhancing semiconductor support in other regions—read about our latest facility in India.
