Unlocking keo bong da toi nay Potential of Semiconductors & "Building Nests to Welcome Eagles" Strategy

10:22 | 05/01/2024

keo bong da toi nay Vietnamese Government has taken bold initiatives to attract keo bong da toi nay semiconductor industry, especially drawing in investors with substantial capabilities and strong, reputable brands. Viglacera and keo bong da toi nay Vietnamese business community have responded promptly and positively to this new strategic requirement.

Signals from Semiconductor Industry Giants

In a joint statement on keo bong da toi nay Comprehensive Strategic Partnership between Vietnam and keo bong da toi nay United States in September 2023, keo bong da toi nay U.S. government pledged an initial grant of $2 million. This marks a new milestone for Vietnam's entry into keo bong da toi nay semiconductor industry, valued at hundreds of billions of dollars.

Three months later, during Prime Minister Pham Minh Chinh's visit to Japan, Japanese Prime Minister Kishida Fumio emphasized, "Cooperation with Vietnam knows no bounds, and Japanese companies are ready to transfer technology to Vietnam." Immediately following, Mr. Yoshitaka Kitao, Chairman of SBI Holdings (specializing in semiconductor technology), revealed, "keo bong da toi nay group is considering expanding overseas, with Vietnam being a promising destination."

In December in Hanoi, keo bong da toi nay commitment made by Mr. Jensen Huang, President, and CEO of Nvidia (keo bong da toi nay world's most valuable chip manufacturer with a market value of nearly $1.2 trillion) caused a stir in keo bong da toi nay Vietnamese technology community: "Nvidia aims to establish a presence in Vietnam as a hub to attract talent from around keo bong da toi nay world, contributing to keo bong da toi nay development of keo bong da toi nay semiconductor and artificial intelligence ecosystem."


Mr. Jensen Huang, President - General Director of Nvidia Corporation. Photo: Nhat Bac
 

Mr. John Neuffer, head of keo bong da toi nay U.S. Semiconductor Industry Association (SIA), also shared: "Many SIA member companies are already present in Vietnam, including Intel, Marvell, Synopsys, Qualcomm, Ampere, Infineon... Many companies plan to double their expected investments."
 


In San Francisco, Prime Minister Pham Minh Chinh witnessed keo bong da toi nay signing of an agreement to support keo bong da toi nay development of Vietnam's semiconductor industry.
 

keo bong da toi nay Allure of keo bong da toi nay Semiconductor Industry

keo bong da toi nay allure of keo bong da toi nay semiconductor industry is undeniable, but for Vietnam to stand in keo bong da toi nay global supply chain, several fundamental factors need to be activated.

Firstly,high-quality workforce training to meet keo bong da toi nay requirements of semiconductor industry investors.

Secondly, keo bong da toi nay formulation of prioritized policies for semiconductor chip production.

Thirdly, investment in semiconductor industrial infrastructure, coupled with keo bong da toi nay development of information technology and digital transformation.

Viglacera & keo bong da toi nay "Building Nests to Welcome Eagles" Strategy

Acknowledging these three factors as legitimate requirements and considering it a national duty, Viglacera emphasizes that for Vietnam to succeed, businesses must take decisive action to show investors that Vietnam is indeed keo bong da toi nay right choice.


Viglacera Corporation welcomed a visit and working session from Mr.John Neuffer, President and CEO of keo bong da toi nay Semiconductor Industry Association (SIA), at keo bong da toi nay Yen Phong II-C Industrial Park.

keo bong da toi nay guiding principle is clear: keo bong da toi nay success of investors is also keo bong da toi nay success of Vietnam and Viglacera. Therefore, since 2019, amidst keo bong da toi nay tense circumstances of keo bong da toi nay COVID-19 pandemic, Viglacera has proactively implemented synchronized, standardized, and modern industrial infrastructure, anticipating keo bong da toi nay influx of semiconductor industry investments.

keo bong da toi nay specific and unique demands of keo bong da toi nay semiconductor industry, such as proximity to international airports, guaranteed power sources, or high-quality labor from reputable universities like Bach Khoa and FPT, are all part of Viglacera's recruitment support plan. In every situation, Viglacera has proven itself unflinching in keo bong da toi nay face of any demands posed by investors.

Initial Achievements & Optimistic Forecasts

On October 11, 2023, after nearly two years of construction, Amkor Technology Vietnam officially inaugurated keo bong da toi nay world's largest Amkor plant in keo bong da toi nay Yen Phong II-C Industrial Zone, invested and developed by Viglacera.


Amkor currently operates keo bong da toi nay largest factory globally in Yen Phong II-C Industrial Park

Amkor, a leading Arizona-based conglomerate in keo bong da toi nay OSAT industry, packaging and testing semiconductors with a variety of diverse semiconductor products, quickly became a crucial pillar in keo bong da toi nay company's global network.

Two months later, a $90 million semiconductor equipment manufacturing plant commenced construction in keo bong da toi nay Yen Phong II-C Industrial Zone (Bac Ninh), invested by Micro Commercial Components Vietnam, a subsidiary of Yangjie Technology (China). Although MCC's first plant in Vietnam, it is keo bong da toi nay seventh worldwide, supplying semiconductor components to partners such as Huawei, BYD, Philips, and Sony.


Viglacera's Industrial Zones can fully meet keo bong da toi nay stringent demands of keo bong da toi nay world's leading corporations.

Thus, Viglacera sends a positive signal to Vietnam about keo bong da toi nay formation and development of keo bong da toi nay semiconductor ecosystem, placing Vietnam on keo bong da toi nay world map for semiconductor component production. This lays keo bong da toi nay groundwork to attract more significant investors in keo bong da toi nay future.

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