As global demand for semiconductors continues to accelerate, building regional linkages has become critical. Vietnam is taking steps to expand its role in semiconductor manufacturing and IC design, while Singapore remains focused on connecting strengths across the value chain to reinforce Asia’s competitiveness.

Building on its solid foundation in electronics manufacturing and as home to global players such as Samsung and Amkor, Vietnam is now laying the groundwork for a robust semiconductor ecosystem. Backed by specialised industrial parks such as VISP Bac Ninh and a strong focus on cultivating skilled technical talent, they are open for investments across the value chain.

By 2030, Vietnam is targeting over USD 25 billion annually in semiconductor industry revenue, more than USD 225 billion in electronics revenue, and training 50,000 engineers and graduates for the semiconductor workforce — a bold ambition underscoring its intent to shape the future of the industry.

In August 2025, SSIA led its Inaugural Market Access Mission to Vietnam, bringing together 15 Singapore-based companies spanning IC design, equipment, and automation solutions. This diverse representation showcased Singapore’s broad capabilities to support and co-develop with regional partners, as ecosystem builders.

The programme featured:
High-level policy dialogues with the Ministry of Science and Technology (Deputy Minister Mr. Bùi Hoàng Phương) and the Bắc Ninh Province People’s Committee (Standing Deputy Chairman Mr. Mai Son).

Industry visits to Infineon Vietnam’s R&D and chip development centre, and Amkor Technologies Vietnam, one of the most advanced OSAT facilities globally.

These engagements reinforced strong synergies between Singapore and Vietnam in accelerating regional semiconductor growth.

This mission is part of SSIA’s commitment to strengthening Singapore’s role in the global semiconductor value chain. By creating opportunities for Singapore companies to plug into Vietnam’s fast-growing sector, SSIA is fostering long-term collaboration across innovation, manufacturing, and ecosystem building.

As the semiconductor landscape becomes increasingly interconnected, such missions ensure that Singapore remains a trusted partner in driving growth across the region.