Vietnam shifts up semiconductor value chain as global chip makers seek “China+1” resilience
📊Executive Summary
Vietnam is advancing its semiconductor strategy by moving from low-cost assembly to higher-value chip design and advanced packaging. This shift is driven by global manufacturers seeking to diversify supply chains away from China, with Vietnam's semiconductor market projected to reach $10.16 billion by 2025. Key players like Nvidia and Intel are investing in local facilities, while domestic firms are focusing on 5G and power-management chip design. However, a shortage of skilled engineers poses a significant challenge. The Vietnamese government prioritizes the semiconductor sector, aiming to train up to 100,000 engineers by 2030 and establish a manufacturing facility by 2026....
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