#global supply chain

Vietnam's semiconductor ecosystem now comprises around 60 chip design companies, some 7,000 chip design engineers and 166 universities offering semiconductor-related training programmes. Initial registrations from 12 organisations indicate demand for the prototyping of approximately 30,000 chips.

The nation can be viewed as a rising star in the global supply chain and has the potential to become a new tiger in Asia, according to economist Brian Lee Shun Rong of Maybank, Malaysia's largest financial services group and the leading banking group in Southeast Asia.

Challenges will overwhelm opportunities for Vietnamese part suppliers if they are unable to find ways to upgrade technology and meet international production standards, business executives said on July 24.