Semiconductor firms in Vietnam struggling to recruit chip design engineers: expert

By Trong Hieu, Hai Yen
Sun, June 23, 2024 | 4:51 pm GMT+7

Several semiconductor firms in Vietnam are struggling to recruit engineers, particularly chip design specialists, said an expert.

Nguyen Thanh Yen, administrator of the Vietnam microchip community - a forum for semiconductor engineers and director of semiconductor design provider CoAsia Semi Vietnam, added that businesses are reluctant to hire inexperienced graduates.

According to the Vietnam microchip community, Vietnam has around 5,000 chip design engineers working for 47 companies at present. Of these, 30 firms have fewer than 100 engineers each and do not have long-term plans to recruit graduates every year.

Semiconductor businesses in Vietnam are finding it hard to recruit chip design engineers. Photo by The Investor/Trong Hieu.

Semiconductor businesses in Vietnam are finding it hard to recruit chip design engineers. Photo by The Investor/Trong Hieu.

Meanwhile, around five companies employ half of the 5,000 engineers and are generally more willing to hire graduates. However, they are now scaling down their recruitment of graduates because many of their highly-trained staff have been poached by competitors.

“Vietnam’s chip design workforce is at risk of stagnating at 5,000,” Yen warned.

Earlier, at a conference on integrated circuits (IC), Nguyen Cuong Hoang, head of the semiconductor technology division at state-run Viettel, had said that Viettel aimed to employ 20-30 IC engineers annually, but only managed to recruit around 10.

Yen recommended three solutions to increase chip design manpower, the first being the consolidation of basic IC-oriented knowledge among students.

Secondly, schools and training facilities need to cooperate with businesses in teaching IC-oriented subjects, helping students become familiar with and proficient in specialized software and tools. This should be combined with opportunities for students to interact with future employers.

Thirdly, advanced training programs should be provided to upgrade the skills of existing 5,000 Vietnamese engineers.

Vietnam has set a goal of training 50,000 semiconductor engineers by 2030. At an April conference on semiconductor manpower development, Deputy Minister of Planning and Investment Tran Duy Dong had said that the local semiconductor sector can employ 15,000 designers, 35,000 factory engineers and 154,000 indirect workers by 2030.

Comments (0)
  • Read More
PV Oil completes 81% of full-year profit target in Q1

PV Oil completes 81% of full-year profit target in Q1

PV Oil, a subsidiary of state-owned Petrovietnam, reported a sharp surge in first-quarter earnings, achieving 81% of its full-year profit target within the first three months of 2026, driven largely by favorable inventory dynamics.

Companies - Sat, May 2, 2026 | 8:17 am GMT+7

Major players eye Vietnam’s wastewater treatment market

Major players eye Vietnam’s wastewater treatment market

Vietnam’s wastewater treatment sector is entering a transition phase as a growing number of large corporations signal plans to enter or expand investments, driven by rising environmental infrastructure demand and expectations of clearer wastewater pricing mechanisms.

Companies - Sat, May 2, 2026 | 8:00 am GMT+7

Work on $92 mln eco-urban resort project starts in northern Vietnam tourist hotspot

Work on $92 mln eco-urban resort project starts in northern Vietnam tourist hotspot

A consortium of Hong Phong ID Co. Ltd. and Ecopark Hai Duong JSC has broken ground on a VND2.42 trillion ($91.97 million) eco-urban tourism project in Vietnam's northern border province of Lao Cai.

Real Estate - Fri, May 1, 2026 | 9:08 pm GMT+7

Royal Shore Beachclub announces grand opening in Hoi An

Royal Shore Beachclub announces grand opening in Hoi An

Royal Capital Group on Thursday announced the grand opening of its newest beachfront destination, set along the pristine coastline of Hoi An.

Travel - Fri, May 1, 2026 | 6:48 pm GMT+7

Novaland posts Q1 profit of $33 mln, shares hit three-year high

Novaland posts Q1 profit of $33 mln, shares hit three-year high

Novaland (HoSE: NVL) reported a strong turnaround in the first quarter of 2026, swinging to a net profit of VND860 billion ($32.63 million) from a loss a year earlier, as revenue doubled on increased property handovers.

Companies - Fri, May 1, 2026 | 3:09 pm GMT+7

Vinaconex, Vietjet have new CEOs

Vinaconex, Vietjet have new CEOs

Vietnamese construction heavyweight Vinaconex on Wednesday appointed deputy CEO Pham Thai Duong as CEO and legal representative, replacing Nguyen Xuan Dong.

Companies - Fri, May 1, 2026 | 2:41 pm GMT+7

Japanese retailer Aeon Mall to build another shopping center in northern Vietnam

Japanese retailer Aeon Mall to build another shopping center in northern Vietnam

Japan’s Aeon Mall is set to invest nearly $150 million in a shopping mall project in the northern province of Bac Ninh, marking a further push into Vietnam’s fast-growing industrial localities.

Industries - Fri, May 1, 2026 | 10:59 am GMT+7

Hyosung Vina raises $7.6 mln in unsecured bond sale

Hyosung Vina raises $7.6 mln in unsecured bond sale

Hyosung Vina Chemicals, the Vietnam arm of South Korean chaebol Hyosung, has completed a VND200 billion ($7.59 million) domestic bond issuance, according to disclosures on the Hanoi Stock Exchange.

Companies - Fri, May 1, 2026 | 10:16 am GMT+7

Vietnam central bank to add new metrics to oversee banking activity

Vietnam central bank to add new metrics to oversee banking activity

The State Bank of Vietnam is proposing a set of new prudential metrics to strengthen oversight of banking operations, replacing the traditional loan-to-deposit ratio (LDR) with a broader framework aligned with Basel III standards.

Banking - Fri, May 1, 2026 | 8:00 am GMT+7

From national reunification to aspiration for an integrated development space

From national reunification to aspiration for an integrated development space

In 1975, Vietnam united the country through determination and a shared aspiration for independence. Today, in a very different context, the country faces a new challenge: unifying its market through institutional reform, writes Dr. Nguyen Sy Dung, former deputy head of the Office of the National Assembly - the country's legislature.

Economy - Thu, April 30, 2026 | 10:27 pm GMT+7

Vietjet seeks deeper engagement in Vietnam's aviation infrastructure development

Vietjet seeks deeper engagement in Vietnam's aviation infrastructure development

Vietjet, Vietnam’s first private airline, has proposed earlier and broader participation in Vietnam’s airport planning and infrastructure development, as the budget carrier looks to expand its role beyond flight operations into ground services and logistics.

Companies - Thu, April 30, 2026 | 9:42 pm GMT+7

Vietnamese giants kick off 4 mega projects in HCMC

Vietnamese giants kick off 4 mega projects in HCMC

The Ho Chi Minh City People’s Committee on Wednesday held a groundbreaking ceremony for four large-scale projects invested by Vietnamese conglomerates including Vingroup, Sun Group and Truong Hai Group (Thaco).

Economy - Thu, April 30, 2026 | 8:01 pm GMT+7

Vingroup starts work on $2.2 bln int'l university township in southern Vietnam

Vingroup starts work on $2.2 bln int'l university township in southern Vietnam

Vietnam’s conglomerate Vingroup (HoSE: VIC) on Wednesday broke ground on a VND59 trillion ($2.24 billion) international university township in Ho Chi Minh City.

Real Estate - Thu, April 30, 2026 | 12:38 pm GMT+7

Chinese firm Livzon secures control of Vietnam’s pharma giant Imexpharm in $228 mln deal

Chinese firm Livzon secures control of Vietnam’s pharma giant Imexpharm in $228 mln deal

Lian SGP Holding Pte. Ltd., a Singapore-based entity wholly owned by China’s Livzon Pharmaceutical Group Inc., has acquired a controlling stake in Vietnam’s pharma giant Imexpharm (HoSE: IMP) following a public tender offer.

Companies - Thu, April 30, 2026 | 12:22 pm GMT+7

Sun Group partners with Keppel to drive green transition across tourist places

Sun Group partners with Keppel to drive green transition across tourist places

Vietnam’s leading real estate developer Sun Group has signed a strategic partnership with Keppel EaaS Vietnam, part of Singapore’s Keppel Ltd., to accelerate energy optimization and decarbonization across its tourism destinations.

Real Estate - Thu, April 30, 2026 | 10:42 am GMT+7

'Shark Hung' unexpectedly resigns from real estate brokerage Cen Land ahead of AGM

'Shark Hung' unexpectedly resigns from real estate brokerage Cen Land ahead of AGM

Pham Thanh Hung, widely known as “Shark Hung”, has stepped down from the board of directors at Century Real Estate JSC (Cen Land) - a major Vietnamese real estate brokerage, citing "personal plans".

Companies - Thu, April 30, 2026 | 10:32 am GMT+7