Vietnam aims to capitalize on the global supply chain shift by focusing on specialised chips and science-technology human resources, gradually mastering stages from research, design to packaging and testing.

Alongside institutional reforms, workforce development is being accelerated. Vietnam has so far attracted more than 170 foreign-invested projects in the semiconductor sector. In chip design alone, over 50 foreign firms and around 10 domestic companies are operating, supported by a workforce of approximately 7,000 engineers.

A chip model developed by FPT Semiconductor. Photo courtesy of FPT

Concrete steps are also emerging from major corporations. The Viettel Military Industry and Telecoms Group (Viettel) is constructing Vietnam’s first semiconductor fabrication plant at the Hoa Lac Hi-Tech Park in Hanoi. Spanning 27 ha, the facility is expected to serve key industries such as aerospace, telecommunications, Internet of Things (IoT), automotive manufacturing, medical devices, and automation.

Meanwhile, FPT Group has launched an advanced chip packaging and testing plant to help strengthen value chain connectivity in Vietnam, contributing to the country’s broader push to master core and sovereign technologies.

These moves underscore increasingly tangible efforts by businesses to translate policy directions into reality.