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US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

California-based chip manufacturing equipment supplier Lam Research has plans to partner with Korea’s Seojin Company to develop factories and establish a supply chain with an investment of $1-2 billion in the first phase as it seeks to expand in Asia.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dutch high-tech manufacturer VDL ETG to build Vietnam facility

VDL Enabling Technologies Group (VDL ETG), the high-tech manufacturer under Dutch group VDL, will build a facility in Vietnam, targeting delivery of its first products by the end of Q1/2025 or the beginning of Q2.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chinese chipmaker Victory Giant Technology to invest $800 mln in northern Vietnam

Victory Giant Technology Group, a major China-based printed circuit board (PCB) manufacturer, will acquire 10 hectares in Bac Ninh province to implement an $800 million investment in northern Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Attracting quality FDI to tap new opportunities: association

Vietnam needs to promote its inherent strengths to attract FDI, especially from major powers, to become not only a “workshop” of the world, but also a powerhouse for chip production, said Prof. Dr. Nguyen Mai, chairman of the Vietnam's Association of Foreign Invested Enterprises (VAFIE).

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel commits to long-term investment in Vietnam: representative

Intel appreciates the continued support of the Vietnamese government and is committed to long-term investments in the country, Intel Vietnam representative Phung Viet Thang said at the Vietnam Business Forum (VBF) on Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam National University-HCMC, Synopsys to train semiconductor students

U.S.-based leading chip company Synopsys and Vietnam National University-Ho Chi Minh City (VNUHCM) signed a memorandum of understanding on Friday to increase cooperation on chip design training and research.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Philippines aims to train 128,000 semiconductor talents by 2028

The Philippines set to train 128,000 semiconductor professionals, including engineers and technicians, by 2028, according to President Ferdinand Romualdez Marcos Jr.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

UK tech firms explore business partnerships in Vietnam

A trade mission of 18 UK tech companies has wrapped up a visit to Bangkok and Ho Chi Minh City to explore new business partnerships and secure exports and investment in the region.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung Electro-Mechanics, Samsung SDI post Vietnam revenue of $2.4 bln in 2023

Samsung Electro-Mechanics (SEM) - the semiconductor and camera module arm of South Korea chaebol Samsung, and Samsung SDI - the battery arm of Samsung, earned combined revenue of $2.36 billion in Vietnam in 2023, according to their separate financial statements.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

US chipmaker Amkor eyes H2 production boost in Vietnam

U.S.-headquartered Amkor Technology Inc. plans to begin high-volume manufacturing at its Vietnam facility in the northern province of Bac Ninh from the second half of this year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

US semiconductor firm Kine SIC Semi eyes $200 mln investment in northern Vietnam

Kine SIC Semi, a U.S.-based semiconductor business, plans to invest $200 million in building a factory with an initial size of 7,500 square meters in Vietnam’s northen province of Bac Ninh, the firm said to the provincial authorities on Wednesday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel, WB to help Danang with semiconductor, AI training

U.S.-based Intel Corporation and the World Bank have pledged to support the central city of Danang train residents in semiconductor and artificial intelligence (AI).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s FPT, Germany’s Siemens to cooperate in semiconductor, digitalization

Vietnam’s leading tech firm FPT and Germany’s tech giant Siemens on Monday signed a memorandum of understanding (MoU) on cooperation in infrastructure, digitalization, and semiconductor.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Danang eyes nation’s first free trade zone

Danang city in central Vietnam has proposed the establishment of a free-trade zone (FTZ) that will embrace Lien Chieu seaport and Danang International Airport.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam stated-owned telcos urged to lead semiconductor research

Prime Minister Pham Minh Chinh has asked leading state-owned telecommunications companies to play a leading role in research of emerging technologies including semiconductors.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to enable local firms’ participation in global chip production

The Ministry of Science and Technology will facilitate Vietnamese enterprises’ participation in the global chip production chain by establishing innovation and R&D centers related to semiconductor materials and chip design.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Danang city accelerates in semiconductor development race

Vietnam's central city of Danang will devise special policies for its development, including one on the development of the microchip and semiconductor industry, to submit to the National Assembly for approval.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Samsung, Vietnam National University link up on semiconductor training

South Korean giant Samsung Electronics and the University of Engineering and Technology, under Vietnam National University Hanoi (VNU Hanoi), will cooperate on a masters course for semiconductor and chip training.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Siemens, Vietnam’s National Innovation Center to cooperate in smart factory

The National Innovation Center (NIC), under Vietnam’s Ministry of Planning and Investment, and German technology giant Siemens signed a cooperation deal on Friday, focusing on smart factory in the Southeast Asian nation.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam picks five universities to impart semiconductor training

Vietnam has selected five universities for training a much needed semiconductor industry workforce, Deputy Minister of Information and Communications Nguyen Huy Dung said Friday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

US semiconductor firms ready to invest $8 bln in Vietnam: Under Secretary

As many as 15 U.S. semiconductor companies are prepared to invest circa $8 billion in Vietnam and are waiting for clearer signals of renewable energy development to make the move, Under Secretary of State Jose Fernandez has tipped.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Seoul Semiconductor plans second factory in northern Vietnam province

South Korea’s Seoul Semiconductor plans to build its second factory in the northern province of Ha Nam, founder and CEO Lee Chung-Hoon said Wednesday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chipmaker Amkor Technology targets mass production in Vietnam this year

The U.S.-headquartered Amkor Technology Inc. churned out the first products from its factory in Vietnam’s Bac Ninh province in December 2023 and expects to start mass production in 2024, said Kim Sung Hun, CEO of Amkor Technology Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Global tech, auto giants ask Vietnam to further facilitate investments

Executives of world-leading tech giants such as Google, Siemens, Visa, Qualcomm, and Ericsson have affirmed their commitment to expanding operations in Vietnam and proposed more favorable conditions be created to invest in strategic sectors.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

US semiconductor firm Marvell seeks investments in Vietnam’s Danang city

Danang will facilitate Marvell's plans to invest in the central city, Danang Vice Chairman Ho Ky Minh affirmed at a Monday meeting with a delegation from the U.S. semiconductor giant.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam ready to ride new investment wave

Vietnam has gone through three waves of FDI and is at the foot of the fourth wave after Vietnam-U.S. relations were upgraded to a Comprehensive Strategic Partnership in September 2023.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

US willing to help Vietnam’s Danang city join semiconductor supply chain

The U.S. is willing to help Vietnam in general and the central city of Danang in particular to develop its semiconductor sector and further integrate into the global supply chain, said U.S. Ambassador to Vietnam Marc Knapper.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam eyes FDI solution for real estate boost

The Vietnamese government has identified attracting more foreign direct investment as a solution to problems troubling the real estate sector.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam targets having hi-tech products make up 50% of 2024 exports: PM

Vietnam will strive to recover and boost processing, manufacturing and semiconductor industries towards having hi-tech products make up 50% of export turnover this year, Prime Minister Pham Minh Chinh has said.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam holds its own in challenging 2023 with more highs than lows

Vietnam showcased impressive resilience in the face of numerous challenges faced in 2023, recording several economic and diplomatic highs and some lows. The Investor looks back.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

2023: energy, electronics sectors shine bright as Vietnam attracts huge foreign investments

Energy and electronics sectors hogged the limelight as registered foreign direct investment (FDI) in Vietnam reached $36.6 billion this year through December 20, up 32.1% year-on-year.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Yunnan firms keen on Vietnam investments in semiconductors, solar energy

Firms from China’s Yunnan province are interested in investing in Vietnam, especially in crystalline silicon (a semiconductor material), minerals and solar energy, said a provincial official.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam seeks breakthrough in semiconductor industry development with Japanese businesses

Vietnam's Prime Minister Pham Minh Chinh has asked large Japanese businesses in the semiconductor sector to increase cooperation, invest, and develop the ecosystem in design, chip manufacturing, packaging, and testing facilities.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Tech giant Nvidia plans to set up entity, make Vietnam second home: CEO

Nvidia plans to establish a legal entity in Vietnam and make the country its second home, the U.S. chipmaker’s president and CEO Jensen Huang stated on Monday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

US firm Nvidia wants to set up chip hub in Vietnam

U.S. chip giant Nvidia, the world's largest chip manufacturer by market cap, wants to set up a base in Vietnam to attract talents from around the world, helping the Southeast Asian country develop a semiconductor and artificial intelligence (AI) ecosystem.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

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