American firms Qorvo, Cadence help Vietnam develop semiconductor workforce
U.S.-headquartered Qorvo and Cadence have joined Vietnam’s ambitious effort to train 50,000 engineers for the semiconductor chip industry by 2030.
At the opening of an analog Integrated Circuit (IC) design course in Hanoi on Tuesday, Qorvo, Inc. sent its IC design lecturers and specialists and shared its U.S.-standard curriculum.
Meanwhile, California-based computational software multinational Cadence Design Systems, Inc. is supporting the course with its IC software copyrights.
The three-month course held at the National Innovation Center (NIC) on the outskirts of Hanoi has 40 learners who include lecturers, specialists and “excellent” students from nine universities across the country. Each learner has been granted a scholarship of VND30 million ($1,182).
Speaking at the launch of the course, Minister of Planning and Investment Nguyen Chi Dung said it not only marked the start of the IC design program but also a big stride in the country’s path to mastering semiconductor technology.
With the semiconductor value chain gradually moving to Southeast Asian countries, Vietnam was well positioned to develop this industry, counting on advantages like a favorable geographic location, a tech-savvy young workforce, improved infrastructure and a conducive business environment, Dung said.
He noted that the course was part of efforts to achieve the goal of having 50,000 engineers and graduates by 2030 to serve the semiconductor and chip industry, including 15,000 in the IC design phase.
Also Tuesday, the NIC and Qorvo signed a memorandum of understanding on promoting the semiconductor ecosystem in Vietnam, with a focus on research & development and high-quality manpower training.
At the signing ceremony, Qorvo president and CEO Bob Bruggeworth appreciated the rapid development of the semiconductor industry in Vietnam as well as the government’s determination in developing its related ecosystem.
He said he believed that the NIC would become a semiconductor chip hub in the country.
Meanwhile, Qorvo will continue expanding in Vietnam to create more IC jobs, he added.
- Read More
AI can be a game changer for Vietnam tourism
Artificial intelligence can play a pivotal role in enhancing both operational efficiency and customer experience in the tourism industry, writes Dr Nuno F. Ribeiro, a senior lecturer at RMIT University and chairman of the tourism and hospitality sector committee at Eurocham Vietnam.
Consulting - Wed, September 11, 2024 | 8:15 am GMT+7
Citi-led consortium completes $521.5 mln loan for PV Power’s LNG power plants
A consortium led by Citi has completed a $521.5 million loan for PV Power, the power generation arm of state-owned energy giant Petrovietnam.
Banking - Tue, September 10, 2024 | 10:50 pm GMT+7
Philippines’ rice imports up 19% in eight months
Rice imports to the Philippines amounted to 2.8 million metric tonnes (MT) during the first eight months of this year, 19% higher than the 2.3 million in the same period last year, data from the country's Department of Agriculture (DA) showed.
Southeast Asia - Tue, September 10, 2024 | 9:54 pm GMT+7
Thailand’s daily wage increase plan sets to go ahead
Thai Labour Minister Phiphat Ratchakitprakarn has revealed that the country’s move to raise the minimum wage nationwide to THB 400 ($11.7) a day will be started from Oct. 1 despite concerns that the rise will harm businesses.
Southeast Asia - Tue, September 10, 2024 | 9:52 pm GMT+7
Thai tourism sector urged to brace for the worst
Tourism operators have warned Minister of Tourism Sorawong Thienthong to brace for a global economic downturn and fiercer competition next year, urging the government to start planning for the worst-case scenario from this year.
Southeast Asia - Tue, September 10, 2024 | 9:51 pm GMT+7
Indonesia, Singapore seal deal on renewable energy export
Indonesia signed an agreement to export renewable energy to Singapore, during the recent International Sustainability Forum (ISF) in Jakarta.
Southeast Asia - Tue, September 10, 2024 | 9:48 pm GMT+7
Thai baht volatility increases
The Thai baht has been experiencing a greater degree of volatility against the U.S. dollar than its regional peers, mainly due to market expectations of a U.S. policy rate cut and global gold prices.
Southeast Asia - Tue, September 10, 2024 | 9:47 pm GMT+7
Percentage of travellers refused entry into Singapore rises
Since automated immigration lanes were introduced for all foreigners at Singapore’s Changi Airport in May this year, a higher percentage of travellers have been refused entry into the country.
Southeast Asia - Tue, September 10, 2024 | 9:45 pm GMT+7
Malaysia reaffirms neutral foreign policy
Malaysian Prime Minister Anwar Ibrahim said Malaysia enjoys better international recognition now due to strategic cooperation with major powers such as China and Russia.
Southeast Asia - Tue, September 10, 2024 | 9:43 pm GMT+7
Individual investors send new securities accounts to two-year high, near 2025 target
Vietnam recorded over 330,950 new securities accounts in August, increasing slightly from July (329,982) and marking the highest number since May-June 2022, according to Vietnam Securities Depository and Clearing Corporation (VSD).
Finance - Tue, September 10, 2024 | 8:33 pm GMT+7
Japanese retailer Aeon opens first central Vietnam mall next week
Japanese retailer Aeon will officially inaugurate the Aeon Hue mall in Thua Thien Hue province, its first in central Vietnam and seventh in the country, next Monday.
Companies - Tue, September 10, 2024 | 6:05 pm GMT+7
Vietnam stock market outlook brightens for H2/2024: SSI Research
Vietnam’s stock market outlook could brighten in the last two weeks of September in particular and H2/2024 in general as a result of increased capital inflows from domestic investors, say analysts with SSI Research.
Finance - Tue, September 10, 2024 | 4:49 pm GMT+7
ThaiBev-run Sabeco plans to acquire majority stake in fellow brewer Sabibeco
Ho Chi Minh City-based Sabeco, controlled by Thai Beverage, plans to acquire an additional 37.8 million shares, or a 43.2% stake, in local brewer Sabibeco Group (SBB) this year, making it a subsidiary.
Companies - Tue, September 10, 2024 | 4:23 pm GMT+7
S Korea’s CS Wind to invest $200 mln in Vietnam to make wind power equipment
South Korea’s CS Wind, a major wind power equipment maker, will invest $200 million in a factory in Vietnam’s Mekong Delta province of Long An, making it among the biggest investments in the sector globally.
Energy - Tue, September 10, 2024 | 3:52 pm GMT+7
All operations suspended at Vietnam-China border gate after flooding: official
Import-export and immigration activities have been temporarily suspended at the Lao Cai-Hekou International Border Gate due to flooding and rising river levels.
Economy - Tue, September 10, 2024 | 2:53 pm GMT+7
Petrovietnam power unit aims to develop 1,000 EV charging stations by 2035
PV Power, a power generation unit under state-owned oil an gas major Petrovietnam, plans to develop 1,000 electric vehicle (EV) charging stations nationwide by 2035.
Energy - Tue, September 10, 2024 | 2:29 pm GMT+7