Vietnam tech giant FPT opens semiconductor R&D center in central Vietnam
Vietnam’s leading tech group FPT on Thursday inaugurated its high-tech and semiconductor R&D center at the Danang Software Park No. 2 in the central city of Danang.
At the ceremony to inaugurate FPT's high-tech and semiconductor R&D center in Danang city, central Vietnam, March 23, 2025. Photo by The Investor/Thanh Van.
The center, spanning nearly 3,000 square meters in Hai Chau district’s Thuan Phuoc ward, aims to develop 100% of FPT's products, with an expectation of releasing an average of 10 new products annually.
The establishment of the center is part of FPT’s commitment to the comprehensive cooperation program announced by the municipal Department of Science and Technology in January 2025. This cooperation will focus on investing in developing technology and resources in the semiconductor and AI industries.
The center is expected to gather 500 technology experts by 2025 and more in the future. It will not only work on FPT's product development but will also serve as a venue to connect startups in the region, share experience, and promote the culture of entrepreneurship and innovation within the business community.
According to CEO of FPT Nguyen Van Khoa, over the past five years, FPT has accelerated its strategy to develop new technological products such as semiconductor chips and AI.
The company has created an ecosystem of more than 200 Made by FPT products and services, which are widely used by global customers. In 2024, this ecosystem recorded a revenue of VND2.27 trillion ($88.76 million), marking a 31% growth compared to the same period last year.
Citing the city leaders' strategic vision and effective policies, Khoa affirmed that Danang possesses all the potential to become a leading center for high-tech innovation in Vietnam and the region.
FPT is committed to accompanying Danang by contributing resources, expert teams, advanced methodologies, and technological solutions to help the city realize its goals in line with the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on breakthroughs in science and technology development, innovation, and national digital transformation, he noted.
“The R&D center will play a key role in promoting innovation in Danang, creating an ecosystem that connects the startup community, gathers top experts, and works together to research and develop 'Make in Vietnam - Make in Danang' technology products. Our aim is to help Danang become a 'Silicon Bay’ of Vietnam and the region," he added.
Permanent Vice Chairman of the municipal People's Committee Ho Ky Minh stated that in 2024, FPT City alone contributed VND150 billion ($5.86 million) to the local budget, while other units of FPT approximately VND176.6 billion, including personal income tax.
FPT has also attracted and trained 10,000 high-quality workers and contributed 69% to the total software export turnover of Danang, he added.
IT engineers work at FPT's high-tech and semiconductor R&D center in Danang city, central Vietnam. Photo by The Invesstor/Thanh Van.
According to Minh, FPT’s R&D center for high-tech and semiconductors is a key component in the city's technology ecosystem.
Danang has targeted that by 2030, the digital economy will contribute 35-40% to the city’s total Gross Regional Domestic Product (GRDP). AI and semiconductor microchips are considered crucial strategic areas for the city's future.
“Danang expects that FPT’s R&D center will become a tech 'nursery' where both Vietnamese and international experts collaborate to develop 'Make in Vietnam - Make in Danang' products,” said Minh.
He affirmed that the city is committed to creating the most favorable conditions for businesses, continuing to propose to the central government policies and mechanisms that encourage investment, especially for the formation of a regional financial center, and innovative startup and R&D centers.
The city also plans to research policies that support high-tech investment, digital transformation, IT, and auxiliary industries, while developing commercial centers and high-class entertainment areas to attract investors, he added.
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