Following a surge in foreign investment and technological advancements, Vietnam’s tech landscape is poised for an even brighter future in 2025.

The year 2024 marked a milestone for Vietnam, attracting billions of dollars in investment from top global technology firms.

These investments highlight Vietnam’s growing appeal as a high-tech manufacturing and innovation hub.

Among the most significant investments, Amkor Technology, one of the world’s largest semiconductor packaging and testing service providers, injected an additional $1.07 billion into its Vietnam facility, strengthening the country’s role in the global semiconductor supply chain.

LG Electronics expanded its Vietnamese operations with a $2.35 billion investment, reinforcing its long-term commitment to the country’s electronics industry.

Foxconn, a major supplier for Apple, poured $550 million into two new smart device manufacturing projects in Quang Ninh.

Meanwhile, Samsung, already Vietnam’s largest foreign investor, invested another $1.8 billion into its LED display production plant in Bac Ninh.

These multi-billion-dollar investments have not only enhanced Vietnam’s manufacturing capacity but also created thousands of jobs and significantly boosted the country’s tech ecosystem.

Beyond direct investments, Vietnam’s tech sector also saw significant mergers and acquisitions in 2024. One of the most notable deals was NVIDIA’s acquisition of VinBrain, a Vietnamese AI startup under Vingroup.

This strategic move brought financial resources and cutting-edge technology to Vietnam, further strengthening the country’s AI ecosystem, particularly in healthcare applications. 4

On the same day, the Vietnamese government and NVIDIA signed an agreement to establish a Research & Development (R&D) Center for Artificial Intelligence (AI) and a new AI Data Center in Vietnam.

This collaboration marks a crucial step in positioning Vietnam as a rising AI powerhouse in the region.

Several leading global technology companies have also made strategic commitments to Vietnam, further fueling the nation’s technological transformation.

SpaceX announced plans to invest $1.5 billion in Vietnam, aiming to expand its satellite internet services.

Alibaba entered the Vietnamese market with plans to build a major data center, while Google officially established Google Vietnam, reinforcing its direct presence in the country’s fast-growing digital economy.

These developments enhance Vietnam’s position as a regional tech hub, driving innovation and laying the foundation for sustainable growth.

In late 2024, the Vietnamese government issued Resolution 57, emphasizing science, technology, innovation, and digital transformation as key drivers of national development.

The resolution outlines ambitious goals to make technology a central pillar of economic growth, accelerate Vietnam’s integration into the global high-tech industry, and attract top-tier talent and investment into emerging sectors.

With a stable economy, business-friendly policies, and a young, innovative workforce, Vietnam is well-positioned to become a leading tech destination.

As 2025 begins, all signs point to an even more promising future, with Vietnam on track to establish itself as a premier high-tech hub in Asia.

Trong Dat