Vietnam’s semiconductor industry is witnessing strong development, with numerous multi-million-dollar foreign direct investment (FDI) projects coming to invest. Leading chip makers like Intel, Samsung and Hana Micron have made significant investments in Vietnam over the past few years. Statistic from the Ministry of Information and Communications showed that Vietnam emerges as major semiconductor exporter to the US, accounting for over 10% of total semiconductor chips imported into the market. It ranks third in terms of semiconductor chip export revenue to the US, trailing only Malaysia and Taiwan (China). These investments by top global semiconductor firms highlight Vietnam’s growing status as an important hub for high-tech electronics manufacturing and its favourable conditions for attracting more FDI in the industry.

Source: Vietnam News Agency