Hanoi (VNA) – Intel is stepping up its long-term commitment to Vietnam’s semiconductor sector by expanding production in Ho Chi Minh City and investing in workforce training, reinforcing the country’s role in the global tech value chain.
According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness.
Intel Products Vietnam (IPV), based at SHTP, is currently the largest chip assembly and testing facility in Intel’s global network. Operational since 2010 with an initial investment of 1 billion USD, the plant plays a key role in the corporation’s semiconductor supply chain.
IPV’s export value has recorded steady growth, rising from 10.31 billion USD in 2023 to 11.67 billion USD in 2025. The figure is projected to reach 14.6 billion USD in 2026, marking an estimated year-on-year increase of around 25%.
The addition of new production lines in Ho Chi Minh City and Intel’s continued expansion in Vietnam are expected to provide fresh impetus for the domestic semiconductor industry, while creating opportunities for the Southeast Asian country to integrate more deeply into the global technology value chain.
Beyond manufacturing, Intel has also been actively involved in developing semiconductor human resources. In April this year, at the second annual conference of the Alliance for Research and Training in Semiconductors and Microelectronics (ARTSeMi), the company signed cooperation agreements on training, and research and development (R&D) with ARTSemi and the University of Science under the Vietnam National University – Ho Chi Minh City. The initiative aims to train around 300 core lecturers in the field of semiconductor microchips.
On May 5, Intel continued to support training efforts by handing over chip assembly and testing equipment to the SHTP’s training centre and Vietnam National University, Hanoi, to serve education, research, and hands-on practice in chip packaging and testing./.
See more
Domestic businesses promote mergers to enhance competitiveness
While previously M&As were often considered the domain of foreign investment funds, now domestic listed companies are showing an increasingly prominent presence in the market, with ‘octopus tentacle’ strategies.
Government moves to remove bottlenecks, drive double-digit economic growth in 2026
Relevant agencies were directed to promptly resolve obstacles facing major industrial projects in energy, oil and gas, manufacturing and mineral processing sectors in order to expand domestic production capacity, secure raw material supplies and strengthen economic self-reliance.
Vietnam, TFO Canada move towards strategic trade partnership
Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.
Reference exchange rate rises 3 VND at week’s beginning
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,408 VND/USD, and the floor rate 23,893 VND/USD.
Vietnam’s industrial production records strongest five-month growth in four years
Vietnam’s industrial production maintained strong momentum in the first five months of 2026, with the Index of Industrial Production (IIP) rising 9.1% year-on-year, the highest growth rate for the period in the past four years, according to the Ministry of Finance’s National Statistics Office (NSO).
Vietnam targets cashless payment value reaching 30 times GDP by 2030
Vietnam targets that by 2030, 95% of people aged 15 and above will have bank transaction accounts, while the value of cashless payments will reach 30 times GDP.
Charging infrastructure key to Vietnam's electric mobility transition
To date, the Ministry of Industry and Trade, in coordination with the Ministry of Science and Technology, has issued 18 standards and regulations related to charging stations, charging equipment and batteries.
Vietnam’s overseas investment rises 2.5-fold in Jan-May
In the first five months of 2026, Vietnam’s total outbound investment, including newly registered and adjusted capital, amounted to 794.6 million USD, 2.5 times higher than the figure recorded a year earlier.
Ho Chi Minh City seeks to unlock potential of night-time economy
Despite its vibrant lifestyle and strong demand for entertainment, Ho Chi Minh City’s night-time economy has yet to realise its full potential.
Building materials sector pushed beyond raw extraction
Rising costs, carbon pressure and supply shortages are forcing the construction materials industry towards greener and higher-value production.
Hanoi bets on aviation network to power economy
The capital’s newly approved master plan places aviation infrastructure at the centre of long-term economic development, with a second international airport and low-altitude transport network expected to reshape urban growth, logistics and high-tech industries.
Vietnam, Canada agree on economic cooperation direction for new period
Vietnam - Canada economic ties are growing at a healthy clip, with two-way trade nearing 8.6 billion USD in 2025 and maintaining strong momentum since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect.
Vietnam’s Southeast risks losing grip on quality FDI without regional connectivity
As the nation’s most dynamic economic engine, the Southeast accounts for the lion’s share of FDI, hosting nearly 23,000 projects worth more than 205 billion USD. With global supply chains in flux, the region has moved quickly to ride the relocation wave, attracting a long list of multinational corporations.
VinFast showcases comprehensive EV ecosystem at Philippines International Motor Show
Against the backdrop of the rapidly growing Philippine EV market, VinFast remains committed to building a comprehensive ecosystem that supports the country’s green transition and contributes to the development of a sustainable transportation future.
Vietnamese electric taxi service launched in India
The launch of Green SM Limo in India further expanded the company’s international footprint and brought its all-electric mobility model and service standards, already established in several markets, to users in one of the world’s most dynamic economies.
Vietnam, Cambodia, Laos promote border trade connectivity
The Mekong Delta spans more than 40,500 sq.km, holds roughly 18 million people and shares a nearly 386km border with Cambodia, making it a key gateway to the Greater Mekong Sub-region. An Giang has emerged as a major agro-fisheries hub, with seaports and strategic trade hubs delivering maritime advantages and creating a seamless corridor to Cambodia and beyond.
Fifth Vietnam Fruit Week 2026 opens in Dong Thap
Vietnam Fruit Week 2026 is being held simultaneously at GO!, Tops Market and mini go! supermarkets nationwide from June 4–7, offering discounts of up to 50% on dozens of fruit products, alongside promotional activities and livestream sales programmes.
Hanoi apartment boom loses momentum
Hanoi’s once red-hot apartment market is showing clear signs of cooling, with slowing liquidity and cautious buyers forcing many short-term investors to retreat after years of rapid gains.
RoK medical equipment firms eye stronger export to Vietnam
The K-Med Expo, organised annually since 2023 by KINTEX and the Korea Medical Devices Industry Association, attracts around 300 Korean medical device companies each year. For this year’s consultation conference, KOTRA invited about 100 buyers, including Vietnamese hospitals and medical equipment distributors, to meet with 71 Korean exhibitors.
WB sees potential for Vietnam's double-digit growth goal
Vietnam is among those few emerging market economies where an immense array of reforms is currently unfolding, generating considerable excitement and optimism. The reforms that the Government has been pushing over the last two years are the most significant since the Doi Moi (Renewal) era – a comprehensive, fast-paced reorganisation and restructuring of the state that could be potentially transformative if implemented well.