The semiconductor industry is at the center of today’s hottest conversations, and Vietnam is rising as one of the most promising outsourcing destinations for leading global companies. At Noble Network, we invite you to explore the exciting potential of outsourcing in Vietnam’s semiconductor industry.

What is the Semiconductor Industry?

The semiconductor industry is the “heart” of modern technology, present in almost every device we use daily — from smartphones and computers to electric vehicles and artificial intelligence. Importantly, the industry does not only cover final products but also encompasses a complex global supply chain: research, design, manufacturing, and testing. In this context, outsourcing specific stages has become an inevitable trend, helping businesses save costs, shorten time, and leverage workforce advantages across different countries.

Why is Vietnam an Attractive Destination for Semiconductor Outsourcing?

1. Political Commitment and International Cooperation

The Vietnamese government has repeatedly affirmed its determination to develop the semiconductor ecosystem. From upgrading comprehensive strategic partnerships with the US, South Korea, Japan, and the EU, to establishing a National Steering Committee on the Semiconductor Industry chaired by the Prime Minister — all these moves demonstrate that Vietnam not only wants to participate but also aims to play a clear role in the global supply chain.

2. Incentives and Supportive Policies

Investors in Vietnam’s semiconductor sector enjoy many attractive benefits:

• The highest incentives under the Investment Law 2020.
• Special mechanisms in Hanoi, Ho Chi Minh City, and Da Nang, including tax exemptions and policies for experts.
• New decrees (94/2020, 110/2023, 182/2024) that establish investment support funds, prioritizing the semiconductor industry.
  

3. Improving Infrastructure

Vietnam is investing heavily in infrastructure: from highways, seaports, and airports to digital and energy infrastructure. Notably, the National Innovation Center (NIC) and high-tech parks in Hanoi, Ho Chi Minh City, and Da Nang are becoming hubs that connect businesses, research institutes, universities, and international corporations. Noble Network sees this as a crucial foundation to help foreign companies integrate seamlessly into the Vietnamese market.

4. Young and Abundant Workforce

One of Vietnam’s biggest advantages lies in its human resources:

• Over 240 universities, nearly 160 of which offer technology and engineering programs.
• Around 134,000 engineering graduates are produced annually, providing a continuous talent pipeline.
• Leading universities such as Hanoi University of Science and Technology, Vietnam National University in Ho Chi Minh City, and University of Danang have launched specialized semiconductor training programs.
• Domestic enterprises like Viettel, FPT, VNPT, VNG, and Vingroup are actively conducting research and engaging with international partners.
  

This young and tech-savvy workforce is the key that makes Vietnam a potential destination for outsourcing activities.

 

Outsourcing Opportunities in the Semiconductor Sector

With all these advantages, Vietnam is well-positioned to participate more deeply in various stages of the semiconductor industry:

• IC design: leveraging strengths in mathematics and programming.
• Testing and packaging: competitive labor costs compared to developed countries.
• Research & Development (R&D): More and more international labs and R&D centers are being established in Vietnam.

Conclusion

The global semiconductor industry is undergoing major shifts, and Vietnam — with its political commitment, favorable policies, developing infrastructure, and young workforce — is standing at the threshold of becoming a leading outsourcing destination. This is not only an opportunity for Vietnam itself but also opens up new avenues of cooperation for international businesses seeking reliable partners in the global semiconductor supply chain.

At Noble Network, we follow these shifts closely and with our deep experience in semiconductors, we stand ready to walk with businesses — offering insights, building connections, and shaping strategy together. With solid preparation and a long-term vision, we believe Vietnam’s semiconductor opportunities will open a clearer and more lasting way to a bright global future.