- Global chip companies invest billions to expand Vietnamese operations
- Local firms enter semiconductor space through strategic facilities development
- Country targets significant share of global chip testing and packaging market
Major Investment Wave
Global semiconductor companies accelerate Vietnam expansion through significant investments: Amkor Technology commits $1.6 billion for advanced packaging facility, Hana Micron plans $930 million investment through 2026, and Intel maintains its largest back-end operations in the country.
Industry shifts include equipment transfers from China operations.
Domestic Innovation Push
Vietnamese tech sector responds to opportunity through strategic initiatives. FPT develops $30 million testing facility near Hanoi, while state-owned Viettel plans country’s first chip foundry.
Investment firm Sovico Group seeks international partners for ATP facility development in Danang.
Strategic Market Position
Vietnam projected to control 8-9% of global chip assembling, testing, and packaging capacity by 2032, up from 1% in 2022.
This growth aligns with U.S. policy supporting supply chain diversification away from China, positioning Vietnam as crucial player in $95 billion semiconductor back-end manufacturing segment.
