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The Saigon Hi-tech Park (SHTP) Management Board has inaugurated the Electronics and Semiconductor Centre (ESC). According to the board, to keep up and compete effectively with foreign countries in these sectors, Vietnam should adopt innovative strategies and place a strong emphasis on microchip design. The facility is expected to play a significant role in advancing Vietnam’s electronic and semiconductor sectors in the time to come.
At the opening ceremony, Deputy Prime Minister, Tran Hong Ha, underscored the centre’s significance. It is a promising start for Ho Chi Minh City as it executes the National Assembly Resolution No.98/2023/QH15 to pilot special mechanisms and policies aimed at advancing the development of the southern hub, he said.
Minister Ha added that Vietnam is presented with a valuable opportunity to expand its integrated circuit and semiconductor industry, with the knowledge economy and the digital transformation revolution driving economic growth. In this context, it is crucial to formulate a comprehensive strategy for cultivating high-calibre human resources and attracting experts and scientists in these fields.
The Chairman of the municipal People’s Committee, Phan Van Mai, mentioned that the city will work with ministries and sectors to establish more local hi-tech parks while piloting the construction of a science-technology area focusing on the development of a microchip and semiconductor ecosystem.
At the event, the SHTP management board entered into an agreement with the Vietnam National University and the Hanoi University of Science and Technology on scientific research and human resources training.
Over the past years, Vietnam has prioritised science and technology research and development in the electronics and semiconductor industry. Earlier, the Ministry of Science and Technology recommended that the government and the Prime Minister formulate policies and refine the legal framework to support the investment and advancement of high-tech products, including electronic items and semiconductor chips. Additionally, the ministry has collaborated with other government agencies and sectors to create supplementary incentives tailored to high-tech, large-scale, and high-value-added projects, including those related to chip production. Ho Chi Minh City has identified the electronic and semiconductor chip industry as a key priority for development, with a particular emphasis on the product design stage.
In March, the Saigon Hi-Tech Park Training Centre, in collaboration with a private entity, inaugurated the International Electronic Training Centre (IETC). The centre was designed to offer training programmes in line with the International Process Control (IPC) standard.
These programmes are developed and instructed by Vietnamese experts with extensive experience working in prominent electronic corporations in Silicon Valley, USA, over many years. The IETC is specifically aimed at engineers employed in enterprises, recent graduates from universities and colleges, as well as entrepreneurs venturing into the realm of electronics and microchips. At the event, the SHTP management board signed a cooperation agreement with the National Innovation Centre (NIC) to implement the IETC model in Hanoi.
By 2025, SHTP aims to transform into a smart technology park and the core of the interactive and innovative urban area located in the eastern part of Ho Chi Minh City. This transformation is expected to make significant contributions to the city’s socio-economic development. Furthermore, SHTP intends to draw approximately US$ 3 billion in investments for 50 high-tech initiatives and nurture the growth of at least one prominent global high-tech enterprise. It will foster connections between enterprises, universities, and research institutes in the region to boost the proportion of high-tech products by domestic companies.
