Danang to train 5,000 microchip engineers by 2030

By Lan Do
Mon, August 26, 2024 | 10:15 pm GMT+7

Danang, a central Vietnam economic hub, is preparing facilities and human resources to strongly develop its semiconductor industry, aiming to have 5,000 microchip engineers by 2023.

City Chairman Le Trung Chinh said that since the fourth quarter of 2023, the city has taken significant steps to develop human resources for the semiconductor industry, with particular focus on integration with artificial intelligence.

He said Danang’s strategy for semiconductor and microchip development focuses on three main areas: infrastructure, human resources and investment incentives.

Chinh noted city delegations have made numerous working visits to the U.S. and collaborated with leading corporations in semiconductor microchip design like Synopsys, Nvidia, Marvell and Intel.

Danang city establishes the Center for Research and Training in Microchip Design and AI, January 2024. Photo courtesy of the government’s news portal.

Danang city establishes the Center for Research and Training in Microchip Design and AI, January 2024. Photo courtesy of the government’s news portal.

In terms of human resource development, Danang has launched its first training course for source lecturers.

Three universities have started microchip design classes and as many additional universities will begin recruiting for microchip design engineer training, with 170 positions available starting August 2024. Currently, the city has 41 engineers and 59 lecturers providing training in microchip design.

Besides, the city has established the VASA Vietnam training alliance, bringing together five major local universities, Phenikaa University (Hanoi) and Synopsys Vietnam Co., Ltd.

Chairman Chinh said all these measures aimed to meet the needs of businesses that have invested or planned to invest in Danang.

Early this year, the city set up the Center for Research and Training in Microchip Design and Artificial Intelligence under its Department of Information and Communications.

Also early 2024, two major U.S. semiconductor companies, Qualcomm and Marvell, visited Danang for surveys and meetings with city leaders. At the end of April, vice president of worldwide AI initiatives Keith Strier at Nvidia Corporation visited the city as part of the company’s second trip to Vietnam within four months.

In addition to visits from global leaders like Qualcomm, Marvell and Nvidia, Danang has hosted meetings with 22 major corporations and companies in the microchip, semiconductor and AI industries in the first five months of 2024.

In mid-May, Marvell Corporation announced plans to open a chip design office in Danang.

To develop infrastructure, the city is preparing land for concentrated IT parks, software parks and high-tech parks. Danang currently has one high-tech park and three IT parks approved by Prime Minister Pham Minh Chinh.

Software Park No. 2, covering over 90,000 square meters and designed to accommodate more than 6,000 employees, is expected to open by this year-end. The city is investing in three new IT parks to support future growth.

Comments (0)
  • Read More
AI to reshape Malaysia’s economic landscape: expert

AI to reshape Malaysia’s economic landscape: expert

Artificial intelligence (AI) is set to significantly reshape Malaysia’s economic landscape, presenting not only challenges but also groundbreaking opportunities for growth, job creation, and innovation, according to an expert.

Southeast Asia - Sun, April 27, 2025 | 5:35 pm GMT+7

Vietnam's retail giant Mobile World to keep growing even if market stagnates: chairman

Vietnam's retail giant Mobile World to keep growing even if market stagnates: chairman

Mobile World Investment Corporation (MWG), a leading retailer in Vietnam, will continue to grow even if the market stagnates or retreats, said chairman Nguyen Duc Tai.

Companies - Sun, April 27, 2025 | 5:24 pm GMT+7

Thailand plans to inject $15 bln into economy

Thailand plans to inject $15 bln into economy

Thailand's Ministry of Finance aims to inject over THB500 billion ($15 billion) into the economy to boost the country's GDP growth by over 1.8%, focusing on stimulating consumption, investment, and providing soft loans.

Southeast Asia - Sun, April 27, 2025 | 1:54 pm GMT+7

New southern Vietnam plant to bring 'sustainable, long-term benefits' to Nam Kim Steel: chairman

New southern Vietnam plant to bring 'sustainable, long-term benefits' to Nam Kim Steel: chairman

Vietnamese steel major Nam Kim's 1 million-ton Phu My plant in the southern province of Ba Ria-Vung Tau is expected to create sustainable and long-term benefits for the company, said CEO Vo Hoang Vu.

Companies - Sun, April 27, 2025 | 1:42 pm GMT+7

Techcombank eyes market cap of $20 bln by end-2025: chairman

Techcombank eyes market cap of $20 bln by end-2025: chairman

Techcombank, one of Vietnam’s major private lenders, aims to expand its market capitalization to $20 billion by the end of 2025, said chairman Ho Hung Anh.

Banking - Sun, April 27, 2025 | 10:40 am GMT+7

Vietnam’s private lender Sacombank to trim payroll, acquire securities broker

Vietnam’s private lender Sacombank to trim payroll, acquire securities broker

Sacombank, a mid-sized private lender in Vietnam, plans to downsize its headcount in 2025-2026 as part of its push toward digital transactions.

Banking - Sun, April 27, 2025 | 10:18 am GMT+7

Vietnam property giant Nam Long eyes 35% profit hike for 2025 on strong housing demand

Vietnam property giant Nam Long eyes 35% profit hike for 2025 on strong housing demand

Nam Long Investment Corporation, a major real estate developer in southern Vietnam, aims to achieve a net profit of VND701 billion ($27 million) in 2025, up 35% year-on-year, driven by strong local housing demand.

Companies - Sun, April 27, 2025 | 8:17 am GMT+7

SK may adjust ownership at Vietnam-based pharmacy major Imexpharm

SK may adjust ownership at Vietnam-based pharmacy major Imexpharm

South Korean chaebol SK Group may adjust its stake at Vietnam-based pharmaceutical company Imexpharm as part of a comprehensive portfolio review across the group, including all of SK’s global assets.

Companies - Sat, April 26, 2025 | 7:00 pm GMT+7

Vietnam's PVOIL owns 423 petrol stations with EV chargers following partnership with VinFast

Vietnam's PVOIL owns 423 petrol stations with EV chargers following partnership with VinFast

PVOIL, a subsidiary of state-owned giant Petrovietnam, had 423 petrol stations with electric vehicle (EV) chargers nationwide as of March 2025, through its partnership with EV maker VinFast.

Companies - Sat, April 26, 2025 | 2:53 pm GMT+7

Indonesia expects 5% economic growth despite IMF forecast revision

Indonesia expects 5% economic growth despite IMF forecast revision

Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down the national growth forecast to 4.7%.

Southeast Asia - Sat, April 26, 2025 | 10:58 am GMT+7

Vietnam's dairy giant Vinamilk to be safe and sound amid US tariff storm: CEO

Vietnam's dairy giant Vinamilk to be safe and sound amid US tariff storm: CEO

Vietnam’s largest dairy maker Vinamilk will not be significantly affected by U.S. reciprocal tariffs and global trade competition as its largest share lies in the domestic market, said CEO Mai Kieu Lien.

Companies - Sat, April 26, 2025 | 10:51 am GMT+7

Vietnam's EV startup VinFast posts 192% surge in 2024 deliveries, eyes double figure in 2025

Vietnam's EV startup VinFast posts 192% surge in 2024 deliveries, eyes double figure in 2025

Vietnamese electric vehicle (EV) manufacturer VinFast recorded robust revenue growth in its unaudited Q4 and 2024 financial statements, driven by strong vehicle deliveries despite global market uncertainties.

Companies - Sat, April 26, 2025 | 8:28 am GMT+7

Vietnam’s first rice husk-fueled biomass power plant inaugurated

Vietnam’s first rice husk-fueled biomass power plant inaugurated

A biomass power plant using rice husk and woodchips as fuel was inaugurated on Friday in Vietnam's Mekong Delta province of Hau Giang.

Southeast Asia - Fri, April 25, 2025 | 11:13 pm GMT+7

Bestway International launches $300 mln plant in southern Vietnam

Bestway International launches $300 mln plant in southern Vietnam

Chinese group Bestway International has launched a $300 million investment project in Vietnam's southern city of Can Tho, signaling a significant boost in large-scale foreign investment for the Mekong Delta region.

Southeast Asia - Fri, April 25, 2025 | 11:10 pm GMT+7

Indonesia accelerates tariff talks with US

Indonesia accelerates tariff talks with US

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has met with U.S. Secretary of the Treasury Scott Bessent to promote tariff talks with the U.S.

Southeast Asia - Fri, April 25, 2025 | 11:06 pm GMT+7

Swedish giant Syre strikes deal for $1 bln circular textile project in central Vietnam

Swedish giant Syre strikes deal for $1 bln circular textile project in central Vietnam

Binh Dinh province and Sweden’s leading textile manufacturer Syre on Friday signed an MoU for a $1 billion polyester fabric recycling complex which aims to position Vietnam as the world’s first high-tech, circular textile hub.

Industries - Fri, April 25, 2025 | 10:53 pm GMT+7