Major Corporations Invest in Semiconductor Projects Across Southeast Asia
Mr. Nguyen Anh Thi, Head of the Management Board of Ho Chi Minh City High-Tech Park, said that a number of semiconductor chip enterprises from the Netherlands have begun investing in Vietnam. For example, BE Semiconductor Industries N.V. has received an investment certificate in Ho Chi Minh City High-Tech Park, with a capital of more than 115 billion VND (equivalent to 4.9 million USD). In early July 2024, NVIDIA Corporation (USA) came to Ho Chi Minh City to survey and discuss the possibility of cooperation in training and developing artificial intelligence (AI); supporting the development of start-ups (AI enterprises); establishing an AI Center of Excellence. Another American technology “big enterprise“, Marvell Corporation (a chip design enterprise), is also accelerating the expansion of chip design centers in Vietnam.
In the first 7 months of 2024, Dong Nai granted investment certificates to projects in the field of semiconductor technology of Coherent Vietnam Co., Ltd., a member of Coherent Group (USA) investing in Nhon Trach 1 Industrial Park with total investment capital of 127 mil USD.
Tokyu Group (a Japanese investor) in April 2024 also announced the establishment of research and survey teams to expand investment in a number of new fields such as high technology, semiconductor technology in Binh Duong.
To welcome the investment shift trend and attract high-tech industries and semiconductor industries, one of the very important issues is to prepare human resources. Vietnam aims to train at least 50,000 engineers and bachelors to serve the semiconductor industry by 2030.
