#Vietnam #Hanoi #Talent Acquisition #ONE-VALUE #Vietnam Semiconductor

Vietnam's Semiconductor Industry: Opportunities and Challenges

As the global semiconductor market is expected to reach a staggering $721 billion by 2025, driven chiefly by expansion in telecommunications, automotive, and electronics sectors, Japan is experiencing a juxtaposition of rapid industrial growth and a troubling shortage of skilled STEM professionals due to its aging population. In this context, Vietnam is emerging as a significant talent pool for Japanese businesses looking for semiconductor professionals. This report deeply analyzes the current status of Vietnam's semiconductor sector while exploring the opportunities and challenges related to bilateral cooperation between Vietnam and Japan.

Overview of Vietnam's Semiconductor Industry

The report begins with an in-depth overview of Vietnam's semiconductor industry, highlighting its rapid growth as a focal point for semiconductor development. The Vietnamese government is actively promoting this sector, encouraging large multinational corporations like Samsung, Intel, and others to establish manufacturing hubs within the country. Furthermore, local startups are also flourishing. The Vietnamese government aims to cultivate a comprehensive ecosystem that includes 100 companies in the semiconductor field by 2030, with plans to set up research centers in key cities such as Hanoi, Ho Chi Minh City, and Da Nang. The determination of Vietnam to become a semiconductor manufacturing hub is evident through substantial investments in both domestic and international talent development.

Challenges and Opportunities for Japanese Companies

This section of the report addresses the challenges and prospects faced by Japanese companies in recruiting semiconductor talent from Vietnam. Companies in Japan are on the lookout for highly skilled individuals for R&D roles as well as moderately skilled operators and production staff. The demand is notably acute for this mid-level talent. Historically, Vietnam has showcased strength in providing experienced professionals across various sectors, and it is poised to do the same in semiconductors. With an improving technical skill set and an increasing proficiency in the Japanese language among the workforce, Vietnam presents a particularly appealing option for Japanese businesses. The cost advantages along with robust governmental initiatives for skills development further enhance Vietnam’s status as a competitive talent supplier for Japan's semiconductor industry.

Utilizing Trusted Data Sources

To construct a solid and credible report, a wide array of statistics from reliable sources such as Vietnamese government agencies, local media reports, and international organizations were utilized. By gathering data not just from local sources, but also through detailed interviews and insights from established entities, the report gains both depth and the logical coherence necessary to present compelling arguments.

Table of Contents

1. Overview of Semiconductor Industry
- Global semiconductor sales forecast from 2021 to 2024 and projections for 2025
- Major countries and leading global companies in the semiconductor sector
- Distribution of semiconductor factories in Japan and the associated workforce
- Detailed classifications of semiconductor professionals
- Overview of semiconductor ecosystem and companies entering the market
- Key players in Vietnam's semiconductor industry
- Overview of Vietnam's semiconductor workforce market

2. Why Invest in Vietnam's Semiconductor Sector
- Environment for development and government incentives
- Strengthening workforce training
- Three perspectives on Vietnam's labor market
- Potential for Japanese adoption of Vietnamese talent

3. Education and Training in Vietnam's Semiconductor Workforce
- Key players in semiconductor education: Government, universities, local and foreign enterprises
- Vietnam’s strategic plan for the development of the semiconductor industry
- Major challenges and solutions in training workforce for the semiconductor industry
- Support from Vietnamese companies for workforce training
- List of public universities and private institutions focused on semiconductor education

4. Challenges in Attracting Semiconductor Talent from Vietnam
- Issues and their respective solutions in fostering Vietnam’s semiconductor workforce
- Executive summary

About ONE-VALUE Inc.

ONE-VALUE has been at the forefront of utilizing Vietnamese talent and providing management consulting. Our extensive expertise lies in facilitating business expansion between Japan and Vietnam, drawing from vast experiences across various industries. We pride ourselves on delivering optimal solutions tailored for our clients. Our deep connections and insights into the Vietnamese market is what sets ONE-VALUE apart.

We also engage in a myriad of services related to the talent acquisition of Vietnamese professionals. Our consulting services cover market research, company assessments, consumer surveys alongside strategic planning for entry into the Vietnamese market. Our extensive expertise continues to help our clients navigate the complexities of doing business in Vietnam successfully.