FPT co-founds Vietnam’s Semiconductor Incubation Center

On March 28, the National Center for Semiconductor Incubation was officially established, offering students access to advanced tools and software to help them keep pace with industry demands.

The Vietnam Semiconductor Incubation Center (VSIC) and the accompanying startup incubation space are housed at the National Innovation Center (NIC) in Cau Giay, Hanoi. The facility is equipped with experimental tools, IC design systems, and specialized software for chip development, all aimed at nurturing high-quality talent and accelerating semiconductor-focused entrepreneurship. The initiative is a joint effort by NIC, FPT, and several semiconductor companies, including Alchip Technologies from Taiwan.

Delegates cut the ribbon at the inauguration of the VSIC and FPT-Alchip semiconductor startup incubation space – Photo: VGP

At the opening ceremony on March 28, Mr. Nguyen Duc Tam, Deputy Minister of Finance, emphasized that Vietnam is fast emerging as an attractive destination for investors, thanks to its favorable business climate, supportive policies, and vibrant, youthful workforce. Citing data from 2001 to 2021, Mr. Tam noted that the global semiconductor industry grew by an average of 14% annually, reaching nearly 600 billion USD in 2023, with projections pointing to 1 trillion USD by 2030.

The launch of VSIC marks a major step forward in advancing the national agenda on scientific and technological innovation. The Center reflects Vietnam's push for public-private partnerships and the "Three Pillars" model - Government, Academia, and Enterprise - to propel the country's semiconductor industry. It also supports the national strategy to train 50,000 semiconductor engineers and cultivate 100 chip design companies by 2030.

“This collaboration lays the foundation for a robust ecosystem and sustainable talent pipeline, enabling Vietnam not only to catch up with but also to keep pace and rise alongside global technology trends,” Mr. Tam said, applauding Alchip’s decision to expand operations into Vietnam.
Mr. Peter Teng, Vice President of Alchip Technologies, expressed strong confidence in Vietnam’s potential in the semiconductor field, calling the new center “a gateway to Vietnam’s exceptional technical talent.”

Mr. Vu Quoc Huy, Director of NIC, shared that the Center is a continuation of various semiconductor-related initiatives NIC and FPT have jointly pursued. In 2024, they awarded IC design scholarships and technical support to more than 40 engineering universities in Vietnam, with support from partners such as Cadence, Keysight, Tektronix, and institutions like Hanoi University of Science and Technology and Vietnam National University.

Mr. Huy noted that the Center will focus on nurturing startups, advancing technology, and growing the talent pool—creating an environment where experts, engineers, lecturers, and students can research and engage with the latest technology. “From here, Vietnam can gradually master semiconductor technology and foster innovative startups in the sector,” he said.

Meanwhile, Mr. Tran Dang Hoa, Chairman of FPT Semiconductor, acknowledged a current gap between university-level training and real-world business needs. He emphasized that centers like VSIC will help bridge that divide. FPT is committed to working alongside VSIC to cultivate high-caliber human resources, with the goal of positioning Vietnam as a creative and dynamic hub for semiconductors in the region. Just one day prior, on March 27, FPT also inaugurated a new R&D center for advanced technology and semiconductor development in Da Nang.