{"id":76842,"date":"2024-02-05T08:55:00","date_gmt":"2024-02-05T01:55:00","guid":{"rendered":"https:\/\/neu.edu.vn\/kinhte-congthuong-vn-assoc-prof-dr-nguyen-thuong-lang-vietnam-can-shorten-its-semiconductor-industry-development-timeline\/"},"modified":"2024-02-05T08:55:00","modified_gmt":"2024-02-05T01:55:00","slug":"kinhte-congthuong-vn-assoc-prof-dr-nguyen-thuong-lang-vietnam-can-shorten-its-semiconductor-industry-development-timeline","status":"publish","type":"post","link":"https:\/\/neu.edu.vn\/en\/kinhte-congthuong-vn-assoc-prof-dr-nguyen-thuong-lang-vietnam-can-shorten-its-semiconductor-industry-development-timeline\/","title":{"rendered":"Kinhte.congthuong.vn: Assoc. Prof. Dr. Nguyen Thuong Lang: Vietnam Can Shorten Its Semiconductor Industry Development Timeline"},"content":{"rendered":"

Economist Assoc. Prof. Dr. Nguyen Thuong Lang of National Economics University (NEU) shares his assessment of semiconductor industry development in Vietnam.<\/p>\n

Reporter: <\/strong>Could you share your views and assessments on semiconductor industry development in Vietnam?<\/em><\/p>\n

Assoc. Prof. Dr. Nguyen Thuong Lang: <\/strong>In my view, industrialization in Vietnam is becoming increasingly substantive and advanced, strengthening resilience while keeping pace with global industrial trends and ensuring independence and self-reliance during integration.<\/p>\n

The ambition to develop Vietnam\u2019s semiconductor industry<\/a> to stand alongside the world\u2019s semiconductor powerhouses reflects the aspiration to \u201cstand shoulder to shoulder with the great powers of the five continents<\/em>,\u201d as President Ho Chi Minh always wished.<\/p>\n

The semiconductor industry plays a core, strategic, and pioneering role, generating substantial profits and strong spillover effects while attracting the world\u2019s finest semiconductor resources. Moreover, as the global technological landscape undergoes major shifts, opportunities to leapfrog technological development are emerging. New industries and industrial <\/a>subsectors are emerging and developing rapidly, including the semiconductor industry.<\/p>\n

\n\n\n\n\n
\"Vietnam<\/td>\n<\/tr>\n
Illustrative image.<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

Successfully developing the semiconductor industry is a particularly important criterion for restructuring industry, renewing the growth model, and achieving industrialization. The policy of developing the semiconductor industry is entirely sound and promises an unprecedented advance in the history of Vietnam\u2019s industrial development.<\/p>\n

The successful experiences of economies that developed earlier, such as South Korea and Japan, offer useful lessons that can help Vietnam shorten the development timeline for this young industry with considerable growth prospects.<\/p>\n

Reporter: <\/strong>In your opinion, does Vietnam have enough time to train a workforce to meet the semiconductor industry\u2019s needs in time?<\/em><\/p>\n

Assoc. Prof. Dr. Nguyen Thuong Lang: <\/strong>Semiconductor industry development has virtually no endpoint, so we must consider the necessary\u2014and even optimal\u2014time frame for producing high-tech semiconductor chips used in all digital equipment and in defense. We therefore need to act decisively to seize opportunities, save time, and invest in developing this industry. This is a time when, one could say, \u201cfavorable timing, favorable conditions, and unity among people\u201d have all come together. It is never too late to develop the semiconductor industry, as Vietnam\u2019s industrialization goals extend to 2045, when the country aims to become a high-income industrialized nation, according to the Documents of the 13th National Congress of the Communist Party of Vietnam.<\/p>\n

However, urgent action is needed to seize the opportunity presented by semiconductor investors who are ready to cooperate with Vietnam and to avoid falling behind in developing this cutting-edge industry. Developing this young industry requires trained personnel. Training people from scratch, starting with basic knowledge and skills, would take more time.<\/p>\n

In fact, Vietnam already has resources to a certain extent. It therefore needs to bring together and mobilize scientists and semiconductor personnel working in businesses, research institutes, centers, universities, and corporations, alongside an effective mechanism for mobilizing resources from overseas Vietnamese. A vigorous workforce training strategy is needed, with a scientifically designed, optimized timetable that seamlessly combines theory and practice. It should leverage the semiconductor industry\u2019s finest resources and the capacity to reverse-engineer and substantively develop technologies, ensuring the most reliable results possible and the greatest confidence in achieving the stated goals.<\/p>\n

Training can take place in Vietnam and abroad through feasible programs of study, research, and innovation, with close monitoring to ensure that trained personnel make the greatest possible contribution.<\/p>\n

\n\n\n\n\n
\"Vietnam<\/td>\n<\/tr>\n
Assoc. Prof. Dr. Nguyen Thuong Lang<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

Reporter: <\/strong>From a state management perspective, what should the Ministry of Industry and Trade do to develop the semiconductor industry as a core industry?<\/em><\/p>\n

Assoc. Prof. Dr. Nguyen Thuong Lang:<\/strong> The Ministry of Industry and Trade<\/a> is the state management agency responsible for providing direct advice on strategies, policies, planning, and legislation for industrial development in general and the semiconductor industry in particular. In my personal view, the Ministry of Industry and Trade should actively and proactively draw on the overall policy direction to formulate a Semiconductor Industry Development Plan for 2024\u20132030, with a vision to 2045.<\/p>\n

A specific roadmap for semiconductor industry development is needed to maximize the country\u2019s existing capabilities, including its natural resource and human potential. In the immediate term, Vietnam should undertake stages such as design and packaging, then move decisively to reverse-engineer manufacturing technologies and core technologies within the sophisticated, intricate, and complex semiconductor industry value chain.<\/p>\n

It is necessary to review and assess mechanisms and policies for semiconductor industry development; conduct an in-depth, comprehensive assessment of development potential; forecast future developments; assess in specific detail the semiconductor industry\u2019s impacts on the industrial structure, industrialization, and economic development; and propose new mechanisms and policies, or even an entire development ecosystem. At the same time, it is necessary to calculate capital requirements, the investment capital structure, and efficiency; establish mechanisms for mobilizing and developing high-quality human resources; and identify ways to connect with the value chain. These efforts should both maximize value for the economy and improve the standing of the nation\u2019s industry and economy during a period with potential for breakthrough development.<\/p>\n

Reporter:<\/strong> Thank you!<\/em><\/p>\n

\n\n\n\n
\n

Successfully developing the semiconductor industry is a particularly important criterion marking success in restructuring industry, renewing the growth model, and achieving industrialization.<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

Quang Loc<\/div>\n

\u00a0<\/p>\n

Link: https:\/\/kinhte.congthuong.vn\/viet-nam-co-the-rut-ngan-lo-trinh-phat-trien-nganh-cong-nghiep-ban-dan-301923.html<\/a><\/p>\n

This is an automated translation. If you notice any errors, please contact the Department of Communications, National Economics University at phongtruyenthong@neu.edu.vn<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Economist Assoc. Prof. Dr. Nguyen Thuong Lang of National Economics University (NEU) shares his assessment of semiconductor industry development in Vietnam. Reporter: Could you share your views and assessments on semiconductor industry development in Vietnam? Assoc. Prof. Dr. Nguyen Thuong Lang: In my view, industrialization in Vietnam is becoming increasingly substantive and advanced, strengthening resilience while keeping pace with global industrial trends and ensuring independence and self-reliance during integration. The ambition to develop Vietnam\u2019s semiconductor industry to stand alongside the world\u2019s semiconductor powerhouses reflects the aspiration to \u201cstand shoulder to shoulder with the great powers of the five continents,\u201d as President Ho Chi Minh always wished. The semiconductor industry plays a core, strategic, and pioneering role, generating substantial profits and strong spillover effects while attracting the world\u2019s finest semiconductor resources. Moreover, as the global technological landscape undergoes major shifts, opportunities to leapfrog technological development are emerging. New industries and industrial subsectors are emerging and developing rapidly, including the semiconductor industry. Illustrative image. Successfully developing the semiconductor industry is a particularly important criterion for restructuring industry, renewing the growth model, and achieving industrialization. The policy of developing the semiconductor industry is entirely sound and promises an unprecedented advance in the history of Vietnam\u2019s industrial development. The successful experiences of economies that developed earlier, such as South Korea and Japan, offer useful lessons that can help Vietnam shorten the development timeline for this young industry with considerable growth prospects. Reporter: In your opinion, does Vietnam have enough time to train a workforce to meet the semiconductor industry\u2019s needs in time? Assoc. Prof. Dr. Nguyen Thuong Lang: Semiconductor industry development has virtually no endpoint, so we must consider the necessary\u2014and even optimal\u2014time frame for producing high-tech semiconductor chips used in all digital equipment and in defense. We therefore need to act decisively to seize opportunities, save time, and invest in developing this industry. This is a time when, one could say, \u201cfavorable timing, favorable conditions, and unity among people\u201d have all come together. It is never too late to develop the semiconductor industry, as Vietnam\u2019s industrialization goals extend to 2045, when the country aims to become a high-income industrialized nation, according to the Documents of the 13th National Congress of the Communist Party of Vietnam. However, urgent action is needed to seize the opportunity presented by semiconductor investors who are ready to cooperate with Vietnam and to avoid falling behind in developing this cutting-edge industry. Developing this young industry requires trained personnel. Training people from scratch, starting with basic knowledge and skills, would take more time. In fact, Vietnam already has resources to a certain extent. It therefore needs to bring together and mobilize scientists and semiconductor personnel working in businesses, research institutes, centers, universities, and corporations, alongside an effective mechanism for mobilizing resources from overseas Vietnamese. A vigorous workforce training strategy is needed, with a scientifically designed, optimized timetable that seamlessly combines theory and practice. It should leverage the semiconductor industry\u2019s finest resources and the capacity to reverse-engineer and substantively develop technologies, ensuring the most reliable results possible and the greatest confidence in achieving the stated goals. Training can take place in Vietnam and abroad through feasible programs of study, research, and innovation, with close monitoring to ensure that trained personnel make the greatest possible contribution. Assoc. Prof. Dr. Nguyen Thuong Lang Reporter: From a state management perspective, what should the Ministry of Industry and Trade do to develop the semiconductor industry as a core industry? Assoc. Prof. Dr. Nguyen Thuong Lang: The Ministry of Industry and Trade is the state management agency responsible for providing direct advice on strategies, policies, planning, and legislation for industrial development in general and the semiconductor industry in particular. In my personal view, the Ministry of Industry and Trade should actively and proactively draw on the overall policy direction to formulate a Semiconductor Industry Development Plan for 2024\u20132030, with a vision to 2045. A specific roadmap for semiconductor industry development is needed to maximize the country\u2019s existing capabilities, including its natural resource and human potential. In the immediate term, Vietnam should undertake stages such as design and packaging, then move decisively to reverse-engineer manufacturing technologies and core technologies within the sophisticated, intricate, and complex semiconductor industry value chain. It is necessary to review and assess mechanisms and policies for semiconductor industry development; conduct an in-depth, comprehensive assessment of development potential; forecast future developments; assess in specific detail the semiconductor industry\u2019s impacts on the industrial structure, industrialization, and economic development; and propose new mechanisms and policies, or even an entire development ecosystem. At the same time, it is necessary to calculate capital requirements, the investment capital structure, and efficiency; establish mechanisms for mobilizing and developing high-quality human resources; and identify ways to connect with the value chain. These efforts should both maximize value for the economy and improve the standing of the nation\u2019s industry and economy during a period with potential for breakthrough development. Reporter: Thank you! Successfully developing the semiconductor industry is a particularly important criterion marking success in restructuring industry, renewing the growth model, and achieving industrialization. Quang Loc \u00a0 Link: https:\/\/kinhte.congthuong.vn\/viet-nam-co-the-rut-ngan-lo-trinh-phat-trien-nganh-cong-nghiep-ban-dan-301923.html This is an automated translation. If you notice any errors, please contact the Department of Communications, National Economics University at phongtruyenthong@neu.edu.vn.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[724],"tags":[],"class_list":["post-76842","post","type-post","status-publish","format-standard","hentry","category-economic-information","post-no-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/posts\/76842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=76842"}],"version-history":[{"count":0,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/posts\/76842\/revisions"}],"wp:attachment":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=76842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=76842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=76842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}