Key facts
- Vietnam's Ministry of Science and Technology said the industry generated more than $21 billion in revenue in 2025.
- The ministry said the sector attracted over $14 billion in foreign investment through more than 240 projects.
- About 60 IC design companies operate in Vietnam with more than 7,000 semiconductor design engineers, the ministry said.
- The ministry said it was finalizing a submission to the Prime Minister for a list of 20 specialized chip groups for priority state procurement.
- Nguyen Anh Tuan of the National Centre for Semiconductor Chip Pilot Production Support said research and development costs are high.
Vietnamese President and Communist Party General Secretary To Lam met Japanese Prime Minister Sanae Takaichi in Tokyo on November 9, 2026, and the two leaders witnessed the exchange of documents covering cooperation in semiconductors and artificial intelligence, according to Nikkei Asia.
Vietnam's Ministry of Science and Technology said the country's semiconductor industry generated more than $21 billion in revenue in 2025 and attracted over $14 billion in foreign investment through more than 240 projects, Nhan Dan reported. About 60 IC design companies have been established, with a workforce of more than 7,000 semiconductor design engineers, the ministry said.
The ministry said Vietnam is participating in design, packaging, testing, research and development and the production of specialized chips. It said it was finalizing a submission to the Prime Minister for a list of specialized chips in certain industries and sectors that the state will prioritize for procurement. The draft list comprises 20 chip groups, developed from requirements put forward by ministries, sectors, businesses, research institutes, universities and experts.
Nguyen Anh Tuan, director of the National Centre for Semiconductor Chip Pilot Production Support, said a major challenge is the high cost of research and development, while the domestic production chain remains incomplete across design, fabrication, packaging, testing and quality certification, Nhan Dan reported. The report said small-order businesses have limited access to international packaging and testing services at reasonable cost, and that products risk remaining at the research stage without mechanisms to support initial testing, procurement and application.