Saigon Hi-Tech Park partners with US firm to improve IC design capability

The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City and Cadence Design Systems, a multinational computational software company of the US, on May 30 signed a memorandum of understanding on cooperation in developing electronic design manpower and promoting the semiconductor industry in Vietnam.
Saigon Hi-Tech Park partners with US firm to improve IC design capability ảnh 1At the signing ceremony (Photo: VNA)
HCM City, (VNA) – The SaigonHi-Tech Park (SHTP) in Ho Chi Minh City and Cadence Design Systems, a multinational computational softwarecompany of the US, on May 30 signed a memorandum of understanding oncooperation in developing electronic design manpower and promoting thesemiconductor industry in Vietnam.

Under this partnership, Cadence, aworld leading company in electronic design, can provide integrated circuit (IC)design software tools and related training programmes for universities in HCMCity via its academic network.

Nguyen Anh Thi, head of the SHTPmanagement board, said the cooperation with Cadence will give local students achance to access the latest technologies and methodologiesin IC and system design, and acquirepractical experience that will help them succeed in the high-tech industry.It will also help strengthen the capability of the SHTP Chip Design Centre,thus contributing to the local semiconductor industry.

Michael Shih, Corporate VicePresident of sales for Asia-Pacific and Japan of Cadence, said his company cooperates with the SHTP and universities to help develop electronic design manpowerin Vietnam. By providing access to its software, the firm aims to equip the next generation of engineers with the skillsthey need to contribute to the growth of the high-tech industry in Vietnam.

Addressing thesigning ceremony, Deputy Minister of Science and Technology Tran Van Tung said foreignbusinesses value Vietnam’s development potential,noting that the SHTP’s focus on training IC design manpower is the rightdirection for creating high-quality human resources for industries in the timeahead.
Saigon Hi-Tech Park partners with US firm to improve IC design capability ảnh 2Delegates tour the International Electronics Training Center at the SHTP (Photo: VNA) 
Duong Anh Duc, Vice Chairman of theHCM City People’s Committee, said the city is now a potential destination for foreigninvestors, including those in the electronics and IC industry. As global supplychains are shifting, the SHTP should ready high-quality human resources toattract investment in this sector./.
VNA

See more

A wide range of Chinese products are on display at the China Homelife Vietnam 2025 being held at the Saigon Exhibition and Convention Centre from May 14 to 16. (Photo: VNA)

China Homelife exhibition opens in HCM City

A highlight of the event is the VIP Buyer Programme, tailored exclusively for strategic buyers and senior executives, which offers priority access to exhibitors, personalised matchmaking services, private meeting spaces, and premium networking areas.

Visitors at the exhibition (Photo: VNA)

Nearly 900 enterprises join Vietbuild Da Nang 2025

Running from May 14 to 18, Vietbuild Da Nang 2025 serves as a platform to showcase new products, cutting-edge technologies, and international brands in the construction, building materials, real estate, and décor industries.

Delegates at the opening ceremony of the Top Thai Brands 2025 on May 14 in HCM City. (Photo: VNA)

Thailand showcases top brands at HCM City trade fair

The event is expects to welcome some 60,000 visitors during the course of four days. It features sectors such as food and beverages, beauty and wellness, home appliances, fashion, car and motorbike parts, and tourism.

Illustrative image (Photo: Internet)

VinSpeed proposes 61.35 billion USD investment for North–South high-speed railway

VinSpeed commits to mobilising 20% of the total capital, equivalent to 12.27 billion USD. For the remaining 80%, excluding costs related to compensation, relocation support, and resettlement for land clearance, the company proposed borrowing from the state budget, through zero-interest loans, repayable over a 35-year period from the disbursement date.

Vietnamese Ambassador to the UK Do Minh Hung (L) address the roundtable discussion. (Photo: VNA)

Vietnam, UK boost agricultural trade ties

The UK, with an annual agri-food import value of 67 billion USD, is seen as a high-potential market. In 2024, Vietnam’s agri-export turnover to the UK reached nearly 883 million USD, a 15.4% year-on-year increase.

Illustrative photo (Photo: VNA)

Ministries, agencies asked to take measures to effectively manage gold market

However, along with pending internal shortcomings, the unusual and unprecedented developments in the world geopolitical situation since the beginning of 2025 have pushed international gold prices to continuously increase, resulting in strong fluctuations in domestic gold prices, and the growing gap between domestic and world gold prices.