This is the view shared by Mr. Truong Gia Binh, Chairman of FPT Corporation at the first meeting of the year of the Vietnam Software and IT Services Association (VINASA). Mr. Binh is also currently the Chairman of the Founding Council of this association.
According to the Chairman of the VINASA Founding Council, this is the time when the world chooses Vietnam to be a new link in the semiconductor industry supply chain. Therefore, Vietnam is at a crossroads.
“ Either we keep going and it is unclear whether our children will escape the middle-income trap or we resolutely turn the corner so that Vietnam can stand among the most advanced nations in the world, ” said Mr. Truong Gia Binh.
Sharing more about this story, Mr. Truong Gia Binh said that semiconductors are a special industry because they have contributed to defining today's world order.
In the 1960s, Japan was the world leader in chips, but under pressure from the US, Japan had to cede the field. After that, the US chose to help South Korea and Taiwan (China) develop the chip industry, and today, these are the two places that produce most of the world's chips.
According to Mr. Truong Gia Binh, geopolitics is once again turning. Due to being too concentrated in a few regions, the global chip supply chain is facing many risks. Therefore, Vietnam has the opportunity to become a new member of the supply chain.
However, Mr. Binh also said that Taiwanese (Chinese) semiconductor companies did not choose Vietnam as a base because they surveyed and found that our country's semiconductor human resources are still modest.
There is a global shortage of semiconductor workers. This “thirst” is becoming more difficult to solve as the US puts pressure on chip outsourcing companies to leave China. Meanwhile, for many semiconductor companies, the majority of their human resources are in this country.
According to the Chairman of the VINASA Founding Council, this is an opportunity for Vietnamese IT enterprises. To convince the world to believe in them instead of looking at what is available, domestic technology enterprises need to have aspirations and must be able to draw a picture of the future.
Normally, it takes 18 months for other countries to transfer a software engineer to a chip design engineer. However, if the detailed design is already divided, Vietnamese software engineers can transfer to chip making within 3 months, then divide the work into small parts to learn while working.
If approached this way, Vietnamese software and IT service businesses can move very quickly to outsourcing chip design. Through that process, Vietnamese technology businesses will be able to accumulate and then move towards making completely new chips themselves or making old chips at low prices.
A survey by the Vietnam Software and IT Services Association shows that there are currently many Vietnamese people working in the semiconductor industry in many countries around the world. Among them, there are also famous companies in the semiconductor industry such as Qualcomm, Amkor or Texas Instruments. The income of these people is around 100,000 - 300,000 USD.
According to Mr. Truong Gia Binh, through contact, many Vietnamese people in the US are willing to give up large companies to return to Vietnam to work. This will be an important source of additional human resources for the Vietnamese semiconductor industry in terms of research, development and training.
Realizing that the semiconductor industry will bring many opportunities for Vietnamese digital technology enterprises, the Vietnam Software and IT Services Association has just launched the Vietnam Semiconductor Industry Committee to promote the development of enterprises in the industry.
One of the important tasks of this committee is to gather Vietnamese experts who are making chips globally to take advantage of quality human resources and participate in the development of the domestic semiconductor industry.
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