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 TARGETS OVER 30 AIRPORTS, 25 RAILWAY LINES BY 2050
Vietnam plans to expand its nationwide civil aviation network to more than 30 airports by 2050, with total capacity reaching 533 million passengers per year. Minister of Construction Tran Hong Minh told the National Assembly on April 20, as the country accelerates decentralization and diversifies funding sources for transport infrastructure.
FIRST-QUARTER GROWTH HITS RECORD HIGH DESPITE GLOBAL VOLATILITY
According to Dragon Capital, Vietnam’s growth momentum strengthened in March following Lunar New Year normalisation, reinforcing confidence that the expansion remained firmly intact through the first quarter of 2026. GDP grew 7.8 per cent on-year in the first quarter, with industry and construction rising 8.9 per cent and services 8.2 per cent, highlighting that growth is not solely reliant on exports and manufacturing, but is increasingly supported by services and domestic demand.
VIETNAM’S SMALL BUSINESSES TOP ASIA‑PACIFIC GROWTH RANKINGS
Vietnamese small businesses posted the strongest performance among 11 Asia Pacific markets in 2025, with 84% reporting growth, up from 82% a year earlier, according to CPA Australia’s small business survey. This momentum is forecast to continue in 2026 with 89% of small businesses expecting to grow on the back of a strong focus on technology, e-commerce, and improved business management.
VIETNAM’S IMPORTS FROM CHINA TOP US$50 BILLION IN Q1
Vietnam’s imports from China in the first quarter of 2026 surged a staggering 31.6% year-on-year to more than US$50 billion, accounting for around 40% of the country’s total imports, customs data showed. The increase was driven largely by technology goods and industrial equipment. Imports of computers, electronics and components jumped 62.2% to US$16.77 billion, while machinery, equipment, tools and spare parts rose 25% to US$9.72 billion.
FRUIT AND VEGETABLE EXPORTS SURGE ON GLOBAL DEMAND
Việt Nam’s fruit and vegetable exports have made a strong start to the year, with rising shipments and tighter compliance with international standards helping producers tap robust global demand, according to the Vietnam Fruit and Vegetables Association. The association reported export earnings of nearly US$532 million in April, bringing total export value to $2.06 billion in the first four months of the year, up 22 per cent year-on-year.
BANKS LAUNCH CROSS-BORDER QR PAYMENTS TO TAP GROWING DIGITAL ECONOMY
Banks are rolling out cross-border QR payment services enabling consumers to make international transactions directly through domestic banking apps to tap into the country’s fast-growing digital economy. The expansion of QR-based payments is gradually reshaping spending habits, reducing reliance on cash and international cards while offering faster and more transparent transactions at points of sale.
























