Da Nang moves to attract major semiconductor investments
Da Nang aims for its digital economy, by 2030, to make up at least 35–40% of the total GRDP and attract a minimum of 5,000 high-quality semiconductor professionals.
Semiconductor and AI startups are supported with workspace at the Concentrated Information Technology (IT) Zone of Da Nang Software Park 2. (Photo: VNA)
Da Nang (VNA) 💎– As the central city of Da Nang aims to be one of Vietnam’s three leading semiconductor and microchip hubs by 2030, home to a high-quality manpower training network linked with a comprehensive semiconductor ecosystem, concerted efforts are being made to realise that goal.
The target is in line with the national semiconductor industry development strategy until 2030, with a vision to 2050.
Investment in semiconductor packaging, testing infrastructure
The VSAP LAB Joint Stock Company recently started work on a laboratory for the production of advanced packaging technologies (fab-lab) at the Concentrated Information Technology (IT) Zone of Da Nang Software Park 2.
This project, a pioneering model in Vietnam, plays a strategic role in advancing core technologies, in accordance with the Politburo's Resolution No. 57-NQ/TW and the national semiconductor industry development strategy by 2030, with a vision to 2050. It is also a strategic step in Da Nang's semiconductor and artificial intelligence development plan.
With a total investment of 1.8 trillion VND (68.8 million USD) and spanning 2,288 sq.m., the fab-lab project is set to begin operations in the fourth quarter of 2026. It will have a designed capacity of 10 million products annually, catering to both domestic and international markets.
Nguyen Bao Anh, CEO of the VSAP LAB JSC, said the global semiconductor industry is shifting strongly but there remain bottlenecks related to the supply – demand balance. Those bottlenecks do not lie in the stages of chip design or manufacturing but in advanced packaging – a key step determining the efficiency, size, reliability, and production cost of semiconductors.
This fab-lab will be the first facility in Vietnam capable of developing and producing advanced packaging technologies on a trial basis such as RDL Fan-out, 2.5D, and 3D packaging—fundamental for AI chips, high-performance data centre chips, automotive chips, and next-generation electronic devices.
The fab-lab model being developed in Da Nang represents a flexible public-private partnership, becoming the first in Vietnam to fully integrate research, production, testing, human resources training, and technology transfer in the field of advanced semiconductor packaging technologies.
Luong Nguyen Minh Triet, Chairman of the Da Nang People’s Committee, said science – technology development, innovation, and digital transformation are identified as the city’s top priority for 2025–2030.
As VSAP LAB is expected to become an exemplary fab-lab model, municipal authorities pledge to provide favourable infrastructure, administrative, and manpower conditions for the project to be carried out on schedule, safely, and efficiently, he noted.
VSAP LAB will serve as the core for developing a semiconductor innovation cluster, helping realise Da Nang's ambition to become a national high-tech hub, he added.
Human resources development, talent attraction
Representatives of enterprises and universities share information and discuss cooperation in training semiconductor human resources. (Photo: VNA)
Da Nang aims for its digital economy, by 2030, to make up at least 35–40% of the total GRDP and attract a minimum of 5,000 high-quality semiconductor professionals, including 1,500 design engineers and 3,500 testing and packaging ones. The force will not only meet local demand but also serve other Vietnamese localities and some international markets having partnerships with this city.
To train and supply a skilled semiconductor workforce, universities in Da Nang are focusing on training in chip design, testing, physical design, and chip architecture design, while strengthening cooperation with global semiconductor organisations and businesses. The National Innovation Centre will also develop a shared database to support training across the universities offering semiconductor programmes.
In addition, the city is offering several incentives to learners and experts. Many outstanding policies with total funding of about 873 billion VND (33.2 million USD) have been issued, including benefits, income, and accommodation for professionals and scientists directly involved in research, training, and connection of semiconductor development programmes.
Phil Hoang, a semiconductor expert at the US-based technology expert organisation TreSemi, perceived that Da Nang has taken right steps to prepare human resources for the semiconductor industry. It has launched concrete projects that gather State agencies, businesses, universities, experts, and potential partners to set up training orientations and manufacture globally competitive chips.
He underlined TreSemi’s support for Da Nang to hold in-depth training courses to create top-tier engineers.
Developing high-quality human resources to meet businesses’ demand is also believed to generate an opportunity for the city to have sufficient international-standard manpower to welcome a new investment wave.
Currently, Da Nang hosts around 10 active semiconductor design companies, including Synopsys, Uniquify, Savarti, Renesas, Synapse, FPT Semiconductor, and Viettel CNC, employing roughly 550 engineers./.
Vietnam has begun entering high value-added segments of the industry, including semiconductor component production as well as chip packaging and testing, an official has said.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Under the new system, passengers without checked luggage simply check in via VNeID or a kiosk, undergo facial recognition at security, and board by scanning their face. Those with baggage drop it at a counter before entering the same automated flow.
Vietnam values its international partnerships, including with the UK, Finance Minister Nguyen Van Thang noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Vietnamese Minister of Finance Nguyen Van Thang expressed gratitude for the UK’s active role in supporting Vietnam’s efforts to draft a National Assembly resolution on creating an international financial centre. The City of London, he noted, provided pivotal insights and recommendations to shape the groundwork and development roadmap for this hub.
Vietnam is ready to deepen economic cooperation with the Association of Southeast Asian Nations (ASEAN), China and other partners, embracing a strategy of “harmonised interests and shared risks” as it leverages its fast-growing economy and market of over 100 million people.
Tay Ninh, Nghe An and Quang Tri provinces have strategic locations and significant cooperation potential, said Nguyen Thi Thai Binh, Minister-Counsellor at the Vietnamese Embassy, expressing confidence that with creativity and determination, these provinces and their Korean partners will find ample opportunities for productive collaboration.
Jointly organised by the Vinexad National Trade Fair and Advertising JSC and Yorkers Exhibition Service Vietnam, the event features 1,200 booths of more than 650 exhibitors from 20 countries and territories, including Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Singapore, Switzerland, Thailand, and the US.
Public investment should serve as a key driver of growth, acting as seed capital to catalyse and mobilise all social resources, thereby fostering economic expansion, creating jobs and livelihoods, and improving the material and spiritual well-being of the people, PM Pham Minh Chinh stated.
An official of the Foreign Trade Agency laid stress on the foundational role of rules of origin in international trade, highlighting the importance of capacity building for enforcement officers in the context of deep international integration.
Against the backdrop of the growing comprehensive strategic partnership between Vietnam and Russia, the promotion and export of Vietnam’s agricultural products not only diversify supply sources for the Russian market but also help enhance the brand values and competitiveness of Vietnamese enterprises in the market that remains untapped.
International trade is no longer merely an exchange of goods but a strategic lever enabling Vietnamese enterprises to enhance capacity, secure partnerships, and expand globally.
In the first eight months of 2025, Vietnam’s total trade value reached nearly 600 billion USD, up 16.3% year on year. Of this, exports stood at 306 billion USD, a 14.8% increase, already surpassing the full-year target.
Vietnam aims to maintain macroeconomic stability, control inflation below the target, achieve growth of 8.3-8.5%, ensure major economic balances, surpass budget revenue estimates by 25%, and control public debt, government debt, foreign debt, and budget deficit.
Reaffirming Vietnam’s commitment to foreign investors, Finance Minister Nguyen Van Thang said government policies always aim to ensure transparency, fairness and a mutually beneficial environment that promotes innovation and safeguards investor rights, making Vietnam a sustainable and long-term investment destination.
The State Bank of Vietnam must launch an official gold price information portal, study the establishment of gold exchanges, and issue guiding documents to implement the Government’s decree on the management of gold trading activities.
According to the World Bank Group, Vietnam will need approximately 368 billion USD in investment for climate adaptation and carbon reduction projects by 2040. Yet, as of the end of 2024, green credit accounted for just 4.5% of the country’s total outstanding loans.
Amidst robust digital transformation across all sectors, the food processing industry has tapped such digital technologies as Internet of Things, AI, blockchain and Big Data to optimise production process, control supply chain, and meet consumers’ demands.
The French side pledged to share technical guidelines and safety standards, with the Institute for Radiological Protection and Nuclear Safety (IRSN) ready to provide training for Vietnamese specialists.
Vietnam now has more than 940,000 private enterprises and over 5 million household businesses, contributing approximately 50% of GDP, over 30% of state budget revenue, and employing 82% of the national workforce.
