US chip giant Synopsys ramps up design venture in Vietnam

By Thuy Nguyen
Wed, December 28, 2022 | 10:46 am GMT+7

Synopsys, Inc. is seeking to make Vietnam a hub to foster chip design engineers via its partnership with the Saigon Hi-Tech Park in Ho Chi Minh City, the country’s economic powerhouse.

The American corporation, a global leader in electronic design automation (EDA), kicked off the partnership via a memorandum of understanding signed this August to re-direct its operations to avoid the China-U.S. tech war by moving part of its engineer training to Vietnam.

 Synopsys is a global leader in chip design. Photo courtesy of the firm.

Synopsys is a global leader in chip design. Photo courtesy of the firm.

The global leader opened its Vietnam office in 2016 in HCMC. A chip design center at the Saigon Hi-Tech Park (SHTP) that opened this October is seen as a major step in developing the semiconductor industry in the country. The facility’s name is SCDC, or the SHTP Chip Design Center.

As part of the partnership, Synopsys has donated software licenses worth dozens of millions of U.S. dollars to SCDC’s Chip Design Lab through the Synopsys University Software Program, an initiative that aims to inspire and foster the next generation of technologists and innovators. The program provides academic and research institutions with exclusive membership to Synopsys’ EDA tools and technology needed to prepare highly-skilled graduates to become professionals.

Earlier this December, Synopsys and SHTP started their first co-organized training course on chip design training for universities in HCMC.

The partnership also has plans to roll out multi-project wafer (MPW) services via collaboration with other international chipmakers.

Globally, multi-project chip (MPC) and MPW semiconductor manufacturing arrangements allow customers to share mask and microelectronics wafer fabrication costs between several designs or projects.

In electronics, a wafer is a thin slice of semiconductor used for the fabrication of integrated circuits (ICs) to manufacture solar cells for solar power generation.

SHTP in HCMC is already home to American giant chipmaker Intel’s single largest assembly and test plant - Intel Products Vietnam. With a total investment of $1.5 billion to date, it is the largest U.S. high-tech investment in Vietnam. Intel also has plans to expand its operations in the country.

According to Synopsys Vietnam, between 2020 and 2022, its workforce has more than doubled to 490 from 210.

This August, Synopsys Vietnam was named among “the Best Companies to Work for in Asia” by leading human resources publication HR Asia.

Comments (0)
  • Read More
Indonesia eyes trilateral data-center tie-up with Singapore, Malaysia

Indonesia eyes trilateral data-center tie-up with Singapore, Malaysia

Indonesia is in talks with Singapore and Malaysia to develop a cross-border data-center network linked to its Green Super Grid.

Southeast Asia - Fri, November 28, 2025 | 9:57 pm GMT+7

Malaysia’s export growth expected to slow in 2026

Malaysia’s export growth expected to slow in 2026

Despite Malaysia’s trade growth in October 2025 surpassing expectations, with both exports and imports reaching record levels, economists warned that the country’s export expansion may slow in 2026.

Southeast Asia - Fri, November 28, 2025 | 9:53 pm GMT+7

Singapore promotes methanol use for bunkering

Singapore promotes methanol use for bunkering

The Maritime and Port Authority of Singapore (MPA) will issue licences to supply methanol as marine fuel in the Port of Singapore from January 1, 2026, following the Call for Applications launched in March 2025.

Southeast Asia - Fri, November 28, 2025 | 9:46 pm GMT+7

Vietnam's tour operator Vietravel announces full exit from Vietravel Airlines

Vietnam's tour operator Vietravel announces full exit from Vietravel Airlines

Vietravel, one of Vietnam’s largest tour operators, will divest its entire stake in Vietravel Airlines by year-end, drawing a close to its turbulent venture into aviation during five years.

Travel - Fri, November 28, 2025 | 9:22 pm GMT+7

VinSpeed, Thaco vie for investment role in North-South high-speed railway

VinSpeed, Thaco vie for investment role in North-South high-speed railway

Several major Vietnamese companies, including Vingroup subsidiary VinSpeed and automaker Thaco, are vying for a role in Vietnam’s gigantic North-South high-speed railway project.

Infrastructure - Fri, November 28, 2025 | 5:14 pm GMT+7

Finnish fund PYN Elite raises VN-Index forecast to 3,200 points

Finnish fund PYN Elite raises VN-Index forecast to 3,200 points

PYN Elite (Finland), one of the largest foreign funds in the Vietnamese stock market, has revised up its forecast for the benchmark VN-Index to 3,200 points, much higher than the 1,690.99 recorded on Friday.

Finance - Fri, November 28, 2025 | 4:49 pm GMT+7

Mind the gap

Mind the gap

Without stronger digital and physical networks, global productivity will falter at precisely the moment the world needs new engines of growth, writes Benjamin Hung, president, International, Standard Chartered.

Consulting - Fri, November 28, 2025 | 3:49 pm GMT+7

Alliance claiming $100 bln investment for trans-Vietnam high-speed railway 'uncontactable'

Alliance claiming $100 bln investment for trans-Vietnam high-speed railway 'uncontactable'

An alliance between Mekolor, a relatively unknown Vietnamese company, and American entity Great USA, which claimed it could mobilize $100 billion for the North-South high-speed railway project, could not be contacted, said standing Deputy Prime Minister Nguyen Hoa Binh.

Infrastructure - Fri, November 28, 2025 | 3:19 pm GMT+7

Mitsui eyes new opportunites in Vietnam's energy sector, projects related to carbon emission reduction

Mitsui eyes new opportunites in Vietnam's energy sector, projects related to carbon emission reduction

Mitsui & Co., Ltd. plans to expand its investment in Vietnam in the energy sector and projects related to carbon emission reduction, president and CEO Kenichi Hori told Prime Minister Pham Minh Chinh at a Thursday meeting in Hanoi.

Industries - Fri, November 28, 2025 | 2:39 pm GMT+7

Russian heavyweight Zarubezhneft seeks to build energy center in Vietnam

Russian heavyweight Zarubezhneft seeks to build energy center in Vietnam

Zarubezhneft, a wholly state-owned oil & gas group of Russia, wants to develop an energy center in Vietnam, as it seeks to expand into other fields including energy and minerals.

Energy - Fri, November 28, 2025 | 1:08 pm GMT+7

Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

As Vietnam advances toward its 2050 net-zero vision, businesses are expected to play a decisive role in enabling the country’s green transition. At the Green Economy Forum 2025, Carlsberg Vietnam shared how a long-standing FDI enterprise is reshaping its operations and energy strategy to align with Vietnam’s sustainability goals.

Companies - Fri, November 28, 2025 | 11:52 am GMT+7

PV Power says profit may fall in 2026 despite higher output due to extreme weather

PV Power says profit may fall in 2026 despite higher output due to extreme weather

PV Power (HoSE: POW), a subsidiary of state-owned energy giant Petrovietnam, expects electricity output to rise next year, but says profit may decline from this year’s strong results due to increasingly erratic weather conditions.

Companies - Fri, November 28, 2025 | 9:00 am GMT+7

Decoding the attraction of 'A.I Real Combat' contest broadcast on Vietnam Television

Decoding the attraction of 'A.I Real Combat' contest broadcast on Vietnam Television

Vietnam’s first national artificial intelligence competition, 'A.I Thực chiến' (A.I Real Combat), aired its opening round at 8 p.m. Wednesday on state broadcaster VTV2, with a rebroadcast on VTV3 two days later.

Companies - Thu, November 27, 2025 | 8:17 pm GMT+7

Foxconn Industrial Internet’s Vietnam revenue jumps 83% on automation, digitalization: CEO

Foxconn Industrial Internet’s Vietnam revenue jumps 83% on automation, digitalization: CEO

Foxconn Industrial Internet (FII), a unit of Taiwanese electronics giant Foxconn, saw revenue from its new-technology applications in Vietnam rise 83% in the past fiscal year while headcount increased only 20%, driven by automation and digitalization.

Companies - Thu, November 27, 2025 | 4:56 pm GMT+7

SHB bank sees development drivers from capital-raising strategy, opportunities to attract foreign inflows

SHB bank sees development drivers from capital-raising strategy, opportunities to attract foreign inflows

The upcoming capital-hike strategy is expected to position Saigon-Hanoi Bank (SHB) among the Top 4 private banks in Vietnam by charter capital, helping the lender maintain its competitive advantage via robust capital strength.

Banking - Thu, November 27, 2025 | 4:33 pm GMT+7

Vietnam's consumer finance major F88 launches first public bond issuance with 10% annual coupon

Vietnam's consumer finance major F88 launches first public bond issuance with 10% annual coupon

F88, a leading consumer finance company in Vietnam, has received regulatory approval for its first public bond issuance, offering a fixed annual coupon of 10% - a level seen as attractive amid low bank deposit rates and softer corporate bond yields.

Companies - Thu, November 27, 2025 | 4:16 pm GMT+7