VSAP LAB to build $69 mln chip packaging tech laboratory in central Vietnam
Vietnamese private firm VSAP LAB JSC has been approved as the investor of a VND1.8 trillion ($69.11 million) advanced packaging technology laboratory project that will assist semiconductor production in the central city of Danang.
At the Danang Software Park No. 2 in Danang city, central Vietnam. Photo by The Investor/Thanh Van.
Under a decision by the municipal People's Committee on in-principle approval for the project and investor selection, once completed, the facility will serve as a center for scientific research and technological development in microelectronics, semiconductors, and artificial intelligence (AI). It will also support the R&D of high-tech electrical and electronic products.
The project will also provide testing and technical analysis services, including product inspection and certification. It will offer technical support services for businesses such as installation, maintenance, consulting, training, and other product-related technical solutions.
The project's core offerings include advanced packaging and testing services in the semiconductor sector, with a designed capacity of 10 million products per year.
The project will cover 2,298 square meters in the Danang Software Park No. 2, Thuan Phuoc ward, Hai Chau district.
Work on the project is scheduled to commence in Q4/2025 and be completed by Q4/2026. The project will operate for 50 years from the date of investment approval.
VSAP LAB JSC was established in March 2025, with its headquarters located on the 4th floor of the ICT1 Building in the Danang Software Park No. 2.
The company’s primary registered business activity is scientific research and technological development in the field of engineering and technology.
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