Vietnam is the most attractive destination for US investors in the field of semiconductors and can play a role as a strategic partner in human resources supply, President of the US Semiconductor Industry Association (SIA) John Neuffer has said.

He made the comment during a reception hosted by Prime Minister Pham Minh Chinh in Hanoi on December 7 for Mr. Neuffer and leaders from major US semiconductor companies such as Intel, Qualcom, Ampere, and ARM, who are paying a working visit to Vietnam, the Government News reported.

Mr. Neuffer said US enterprises are eager to welcome Vietnam’s national strategy on semiconductor development and want the country to play a more important role in the global supply chain.

US businesses are willing to boost relations, investment, and cooperation with Vietnam in the field of semiconductors, especially in high-quality human resources training, he said.

For his part, Prime Minister Chinh said Vietnam is studying and building a development strategy and a human resources development master plan together with incentives to attract leading foreign enterprises to Vietnam in producing, designing and developing semiconductor chips.

He believes cooperation in the semiconductor industry will open up numerous opportunities for businesses from both countries to tap their respective advantages and bring economic benefits.

Vietnam has around 6,000 engineers working in the semiconductor industry for both domestic and foreign enterprises, he said, adding that the country aims to train 50,000 engineers between now and 2030, with a particular focus on those specializing in semiconductor chip design.

He also called for cooperation in building and fine-tuning mechanisms and policies to sustainably develop the semiconductor industry.

Founded in 1977, SIA member companies account for up to 99 per cent of the semiconductor industry’s revenue in the US. It played a proactive role in prompting the US to foster cooperative efforts in developing Vietnam’s semiconductor ecosystem.