Chip giant Synopsys opens office in Hanoi, fourth in Vietnam
Synopsys, a leading chip business based in California, opened its Hanoi office on Wednesday, the fourth in Vietnam after two in Ho Chi Minh City and one in Danang city, furthering its involvement in Vietnam’s semiconductor sector.
Amit Khanuja, vice president, engineering at Synopsys, said the launch of Hanoi office marked the firm’s expansion and dedication to the local economy and society.
He also highlighted the growing demand for chips amid the increasing popularity of artificial intelligence (AI) and Synopsys as a trusted chip designer.
The other industries, such as industrial, automotive, IOT and mobile, have a massive demand for chips, Khanuja added.

Synopsys holds a opening ceremony of Hanoi office on December 18, 2024. Photo courtesy of Synopsys.
Nguyen Khac Lich, general director of the Authority of ICT Industry and Communications, the Ministry of Information and Communications, emphasized Synopsys’s vision meets Vietnam’s digitalization process as the country considers semiconductor a key industry.
Vietnam seeks to mobilize all resources for the task and the cooperation with Synopsys is a natural one, he added.
On its website, Synopsys showed that it is recruiting for various positions in Hanoi, including embedded memory layout manager, analog circuit design engineer, analog design engineer, senor analog layout engineer, and analog design supervisor.
The government plans to train between 50,000 and 100,000 high-skilled workers in the 2025-2030 period as the country braces for a fresh investment wave to sweep its semiconductor industry, said Prime Minister Pham Minh Chinh.
He noted the plan was part of broader efforts to develop a skilled workforce in tandem with fostering research and development, technology application, innovation, and entrepreneurship.
In January, Deputy Minister of Information and Communications Nguyen Huy Dung said Vietnam had selected five universities for training the semiconductor industry workforce. The five institutions are VNU Hanoi, VNUHCM, Hanoi University of Science and Technology, FPT University, and Danang University of Science and Technology.
- Read More
Vietnamese billionaire-backed VinSpeed raises capital to $573 mln
VinSpeed High-Speed Rail Investment and Development JSC, where Vietnamese billionaire Pham Nhat Vuong holds a controlling stake, has raised its capital from VND6 trillion to VND15 trillion ($573.5 million).
Infrastructure - Wed, July 16, 2025 | 4:33 pm GMT+7
Vietnam's airport operator ACV to issue 1.4 bln shares in record dividend
State-owned Airports Corporation of Vietnam (ACV) plans to issue over 1.4 billion shares as stock dividends at a 64.58% ratio, its all-time high.
Companies - Wed, July 16, 2025 | 3:44 pm GMT+7
Vietnam seeks economic expansion at 8.3-8.5% this year: Prime Minister
Vietnam needs to achieve a GDP growth rate of about 8.3-8.5% this year, creating momentum to reach a double-digit level in the 2026-2030 period, said Prime Minister Pham Minh Chinh.
Economy - Wed, July 16, 2025 | 3:00 pm GMT+7
Vietnam targets $4.5 bln in cashew exports for 2025
Vietnam is aiming to export cashews worth $4.5 billion in 2025, up 2.7% year-on-year, according to the Ministry of Agriculture and Environment. To hit this target, the sector must generate around $2.2 billion in the second half.
Companies - Wed, July 16, 2025 | 1:31 pm GMT+7
Indonesia sees great opportunities to boost exports to Europe
The Indonesian Chamber of Commerce and Industry (Kadin) expressed optimism that the Indonesia-EU Comprehensive Economic Partnership Agreement (IEU-CEPA) will boost trade between the two sides.
Southeast Asia - Wed, July 16, 2025 | 1:24 pm GMT+7
Malaysia tightens export controls on US-origin AI chips
The Malaysian Ministry of Investment, Trade and Industry (MITI) has announced that all exports, transhipment, and transit of high-performance artificial intelligence (AI) chips originating from the United States will require a Strategic Trade Permit under the Strategic Trade Act 2010 (STA 2010).
Southeast Asia - Wed, July 16, 2025 | 1:21 pm GMT+7
Auto manufacturing project in central Vietnam raises investment by over $810 mln
Vietnamese automaker Kim Long Motor Hue JSC (Kim Long Motor) has received approval from Hue authorities to raise investment in its automotive manufacturing and assembly complex in the central city by VND21.18 trillion ($809.94 million).
Industries - Wed, July 16, 2025 | 12:40 pm GMT+7
State capital at FPT Telecom transferred to Vietnam's Ministry of Public Security
Vietnam's Ministry of Public Security has assumed the role of representing the state ownership at FPT Telecom, after taking over MobiFone in February.
Companies - Wed, July 16, 2025 | 12:12 pm GMT+7
Vietnam's steel giant Hoa Sen surpasses full-year profit target by 29% after 9 months
Hoa Sen Group (HSG), one of Vietnam’s leading steelmakers, reported a net profit of VND647 billion ($24.8 million) for the first nine months of its fiscal year starting October 2024, exceeding its full-year target set under an optimistic scenario by 29%.
Companies - Wed, July 16, 2025 | 8:17 am GMT+7
Northern Vietnam city receives $15.6 bln in pledged investment capital post-merger
Over $15.6 billion in investment capital was committed for the northern port city of Hai Phong on Tuesday, a record high.
Industries - Tue, July 15, 2025 | 11:12 pm GMT+7
Honda cements Vietnam motorbike market dominance with 10% sales growth
Honda Vietnam (HVN) reported a 10% year-on-year increase in motorcycle sales to nearly 2.3 million units in fiscal year 2025, which ended on March 31, according to the company’s annual report.
Companies - Tue, July 15, 2025 | 5:42 pm GMT+7
Foreign investors net buy over $497 mln on Vietnam's stock market from July 1-15
VN-Index, which represents the Ho Chi Minh Stock Exchange, dropped by 9.77 points to 1,460.8 on Tuesday, ending its seven-session gaining streak.
Finance - Tue, July 15, 2025 | 5:13 pm GMT+7
UPS eyes opportunities in Vietnam's free trade zone, airport projects
Leading global shipping and logistics firm UPS is eyeing business opportunities at the Danang city-based free trade zone and the Long Thanh International Airport in Dong Nai province.
Economy - Tue, July 15, 2025 | 3:58 pm GMT+7
Vietnam PM asks Marubeni to expand investment in gas-fired, offshore wind power
Marubeni should expand its activities in Vietnam in the fields of gas-fired and offshore wind power, export of electricity to ASEAN countries, and development of AI and big data, said Prime Minister Pham Minh Chinh.
Economy - Tue, July 15, 2025 | 12:21 pm GMT+7
Vietnam’s wood pellet industry needs production standardization to meet global demand: experts
Businesses should invest in developing dedicated raw material zones to reduce the Vietnamese wood pellet industry’s reliance on secondary supply sources and ensure compliance with legality and sustainability standards, said an expert.
Economy - Tue, July 15, 2025 | 9:18 am GMT+7
Riding out tariff turbulence, investment funds in Vietnam report strong growth gains
Many equity funds in Vietnam have posted strong growth returns, with gains exceeding 30% since the market’s April 10 trough in 2025, data collected by The Investor shows.
Finance - Tue, July 15, 2025 | 9:00 am GMT+7