Intel to expand investment in Vietnam


FILE PHOTO: A view of the Saigon High-Tech Park, February 2023. Intel is relocating part of its semiconductor production lines from Costa Rica to its facility in the Saigon High-Tech Park, signalling a deeper commitment to Vietnam as a primary strategic pillar in its global manufacturing network. — cafef.vn via Vietnam News

HANOI: US semiconductor manufacturer Intel has planned to expand investment, support workforce training and help the development of the semiconductor ecosystem in Vietnam.

The commitment was made during talks about Intel’s new strategic orientations in Vietnam between Deputy Minister of Science and Technology Bui Hoang Phuong and Sarah Kemp, Vice President of Intel's International Government Affairs, in (May 8) on Friday.

At the meeting, Phuong praised Intel’s contributions to Vietnam’s electronics and semiconductor sectors.

He affirmed that the ministry will continue to support Intel and enterprises in the supply chain in expanding high-tech investment in Vietnam.

This cooperation is expected to contribute to positioning Vietnam as an important link in the global semiconductor value chain.

Phuong proposed five priority areas of cooperation with Intel, including expanding investment, research and production activities; providing advisory support for the national centre for semiconductor chip pilot production; cooperating in the development of the first semiconductor chip manufacturing plant in Vietnam; strengthening semiconductor workforce training; and developing the semiconductor industry ecosystem in Vietnam.

Both sides expressed their commitment to deeper cooperation in the next stage of development, with the shared goal of making Vietnam a key link in the global semiconductor value chain.

Early this month, Ho Chi Minh City-based Saigon High-Tech Park (SHTP) - the location of the Intel factory in Vietnam - reported that Intel is relocating part of its semiconductor production lines from Costa Rica to SHTP, signalling a deeper commitment to Vietnam as a primary strategic pillar in its global manufacturing network.

The relocation includes assembly, packaging and testing lines for high-end server chips destined for data centres and next-generation networking.

This strategic shift coincides with the official transfer of Intel’s proprietary Embedded Multi-die Interconnect Bridge advanced packaging technology to the Vietnamese plant inside SHTP.

Intel Products Vietnam remains the largest assembly and test factory within Intel’s worldwide operations, with total pledged investment capital reaching nearly US$4.12 billion as of the first quarter of 2026. — Vietnam News/ANN

 

 

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