Want to be in the loop?
subscribe to
our notification
Business News
HO CHI MINH CITY TARGETS FOUR SEMICONDUCTOR PROJECTS THIS YEAR
Ho Chi Minh City will focus on attracting at least four high-added-value foreign investment projects in the semiconductor industry, with a focus on cooperation with AMD, Nvidia, and Qualcomm.
Ho Chi Minh City targets to engage four semiconductor projects this year. Photo: Le Toan
This is part of the semiconductor industry development strategy and the human resource development programme for the Vietnamese semiconductor industry in Ho Chi Minh City, issued in early March by Ho Chi Minh City People's Committee.
It aims to effectively implement the semiconductor industry development strategy and the human resource development programme for the semiconductor industry and core digital technologies such as AI, cloud computing, the Internet of Things, Big Data, and Blockchain, making the city a leading centre in this industry.
According to the plan, Ho Chi Minh City will focus on attracting at least four high-added-value foreign ventures in the semiconductor industry, with a focus on implementing cooperation with major technology corporations such as AMD, NVIDIA, and Qualcomm.
Regarding human resources, the city aims to train and enrol a minimum of 3,000 undergraduates, 300 master's students, and 40 doctoral students, and to graduate a minimum of 1,400 undergraduates, 110 master's students, and six doctoral students.
In addition, at least 300 workers will receive advanced skills training courses to meet the demand of semiconductor businesses.
In the area of attracting experts and fostering research collaboration, the city aims to invite at least 10 experts and scientists from both within and outside the country to participate in teaching and research at R&D centres, universities, and research institutes in the city.
The city also aims to support at least 10 startups in the semiconductor and digital technology sectors; sign at least two international cooperation memoranda of understanding; and implement at least two R&D projects with foreign partners.
In 2026, it plans to organise four major events, including the Vietnam Semiconductor Industry Exhibition, the Autumn Economic Forum 2026, and international conferences at the Ho Chi Minh City High-Tech Park and the Vietnam National University.
To achieve these goals, Ho Chi Minh City will implement a comprehensive set of solutions, including the development of policies to support semiconductor businesses, investment incentives, equipment cost support, human resource development, and the promotion of innovative startups.
Regarding infrastructure, it will build an internationally standardised research centre for digital transformation and green transformation in the high-tech park; invest in a microchip laboratory at Saigon University; and simultaneously build a national-level shared semiconductor laboratory at the Vietnam National University Ho Chi Minh City.
In addition, the city will develop a high-performance computing centre at Quang Trung Software Park to serve chip design and AI applications.
Simultaneously, the city aims to expand the high-tech park, forming a semiconductor technology complex, and implement the "Science and Technology City - North Ho Chi Minh City" project, covering approximately 1,000 ha in Binh Duong ward, creating an innovation hub for the key economic region.
In human resource training and development, the city will study the establishment of a Microchip Design Human Resource Development Fund (worth $5 million) to provide scholarships and research support for postgraduate students. It will also operate a digital profile platform to connect online labour supply and demand between universities and businesses, helping to forecast future human resource needs in the city's semiconductor market.
Source: VIR
Related News
VIETNAM ECONOMY INVESTMENT
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIETNAM ECONOMY INVESTMENT
EUROPEAN BUSINESS CONFIDENCE IN VIETNAM REBOUNDS IN Q2
European business confidence in Vietnam surged to 79.7 points in Q2 2026, according to the latest Business Confidence Index survey released by the European Chamber of Commerce in Vietnam (EuroCham) on Wednesday. With a sharp seven-point increase from 72.7 points in the first quarter, the index now sits just 0.3 points below the seven-year high of 80, recorded at the end of 2025.
VIETNAM ECONOMY INVESTMENT
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
VIETNAM ECONOMY INVESTMENT
VIETNAM'S 8.18% FIRST-HALF GROWTH BOOSTS DOUBLE-DIGIT GDP HOPES
Vietnam's economy grew 8.18 percent in the first six months of 2026, the highest pace in 15 years, giving the country a solid foundation to pursue its target of double-digit GDP growth for the full year although significant challenges remain. Government Resolution No. 01/2026, issued in January, sets an official target of at least 10 percent GDP growth for 2026.
BANKING / FINANCE / INSURANCE / TAX
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
Events Sponsors
