Business
Vietnam to boost IC industry to tap the 4.0 industrial revolution
Deputy Prime Minister Vu Duc Dam hosted a reception in Hanoi on June 16 for a delegation of Overseas Vietnamese experts and scientists who gave recommendations on how to develop Vietnam’s integrated circuit (IC) industry to tap opportunities from the 4.0 industrial revolution.
According to Prof. Dr. Dang Luong Mo, the domestic IC human resources have yet to meet requirements in terms of both quality and quantity. He proposed that Vietnam should train tens of thousands of additional IC engineers in the next five years.
He stressed the need for synchronous policies as well as national-level coordination for the sustainable IC development, along with the creation of an IC ecosystem nationwide.
The scientists recommended that Vietnam should focus on IC design and human resources development, as well as the supply of outsourcing services in IC design.
At the same time, it is necessary to tap the resources of world leading experts, including overseas Vietnamese, for the teaching and technology transfer activities in the field in Vietnam, they said.
Lauding the delegates’ ideas, Deputy PM Dam stressed that Vietnam needs the support of international experts and scientists, including Vietnamese scientists abroad, to boost the growth of its IC industry in particular and science-technology in general.
He highlighted the significance of forming a network connecting Overseas Vietnamese experts and scientists with domestic research facilities. The Deputy PM also highlighted the need to clearly define key products and markets, thus designing effective support policies for IC enterprises, most of which are startup enterprises, to develop in the domestic market and head to the world.
