Vietnam failed to develop the semiconductor industry in 1970s but it has reactivated the semiconductor development strategy with a contingent of young engineers meeting international standards.

Chip production will fuel Vietnam's aspiration to become a prominent manufacturing hub in the region.

With no chip semiconductor industry and a weak competitiveness in the international market, Vietnam’s smartphone brands have not been successful.

Since electronic circuits are being applied in many fields from hi-tech agriculture, smart city infrastructure, to national defense, it is predicted that by 2024, the semiconductor industry in Vietnam will have exceeded the value of US$6.16 billion.

Vietnam’s FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry.

 VietNamNet Bridge – Experts believe that it’s now the right time for Vietnam to join the global IC production chain, a golden opportunity to approach to high technologies.