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Aug 26, 2024 · Photo: vneconomy.vn. Vietnam is becoming an important new player in the global semiconductor industry, a decoupling beneficiary of the US-led chip wars against China. Vietnam’s well-educated and highly motivated engineers work for comparatively low wages, attracting various semiconductor packaging and design companies from the US, Germany ...
5 days ago · The semiconductor industry's revenue is expected to exceed $100 billion per year, with added value reaching 20-25%. The overall goal is to establish a self-sufficient semiconductor industry ecosystem in Vietnam, leading in certain stages and segments of the production chain.
According to the Semiconductor Industry Association (SIA), packaging accounts for 6% of a chip’s value. "Vietnam is currently taking on a key role in the global semiconductor field, but its main focuses are assembly, testing and packaging," analyst Ivan Lam of Counterpoint Research told VnExpress. Ups and downs of semiconductor industry.
Recently, the government has promulgated a national strategy for developing Vietnam's semiconductor industry, aiming to achieve a revenue scale of over 25 billion USD/year for the 2024-2030 period. This scale will increase to 50 billion USD in the 2030-2040 period. Also, Vietnam has established NIC and 3 high-tech zones in Ho Chi Minh City, Hoa ...
Mar 25, 2024 · Vietnam’s semiconductor market growth was at 7.1% from 2016 to 2021, with a valuation of $18.2 billion in 2022. Vietnam stands out due to its participation in 16 free trade agreements (FTA), more than its neighboring countries. The government offers incentives for high-tech projects, including tax reductions and exemptions.
Dec 15, 2023 · Over the past decade, Vietnam’s semiconductor industry has seen remarkable growth. Statista reported a 7.1% compound annual growth rate (2016-2021), propelling the market value to over $18.2 billion in 2022. Forecasts predict continued expansion, with an anticipated 7.5% CAGR in the period of 2022-2027, reaching over USD 26.2 billion by 2027.
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5 days ago · Highlighting Vietnam's strengths and opportunities for the development of the semiconductor and AI industries, Lam said over the past 20 years, Vietnam has trained hundreds of thousands of programmers and millions of personnel for the information technology industry. These are an important foundation to affirm that human resources in the AI and ...
