Construction of first locally-owned semiconductor factory begins in Vietnam

CT Semiconductor, a subsidiary of CT Group, has begun the second phase of construction on what is set to become Vietnam’s first semiconductor chip factory fully owned by a domestic company.

The groundbreaking ceremony, held in the southern province of Binh Duong, was attended by Deputy Prime Minister Nguyen Chi Dung, Deputy Minister of Science and Technology Pham Duc Long, and leaders from universities, research institutions and international partners.

The facility is being developed at CT Group High-Tech Development Centre in Thuan An town. Covering 30,000 sqm, the factory will focus on outsourced semiconductor assembly and test (OSAT) of semiconductor chips.

It is expected to begin operations in the fourth quarter of 2025, with a target capacity of 100 million chips per year by 2027.

Investment for the second phase is estimated at nearly $100 million, including costs for cleanroom infrastructure, machinery and smart factory systems.

The company says it is applying updated technologies and working with industry experts and international consultants with experience in major semiconductor projects, including those for Taiwan's TSMC.

CT Semiconductor’s management stated that the facility aims to produce semiconductor products developed and manufactured in Vietnam.

According to company representatives, the project is also intended to support national strategies related to science and technology, including Government initiatives to develop a domestic semiconductor industry.

Located near major transport hubs and universities in the southern region, the factory is expected to employ over 1,000 workers, technicians and engineers. It will also serve as a site for training and internships, contributing to the Government's plan to train 100,000 semiconductor professionals.

In addition to chip production, the factory is part of CT Group’s broader push into high-tech sectors such as AI, unmanned aerial vehicles and smart transportation. The group recently launched the CT Innovation Hub as part of this expansion.

Speaking at the ceremony, CT Group chairman Tran Kim Chung urged the Government to consider long-term support policies for the semiconductor industry, drawing comparisons with support frameworks used in countries and territories such as South Korea, mainland China, and Taiwan.

CT Semiconductor is also exploring emerging technologies including GaN, photonics and advanced packaging, with applications in AI, 6G communications and drone systems.