Vietnam Semiconductor Foundry Market Size, Share, Trends and Forecast by Technology Node, Foundry Type, Application, and Region, 2025-2033

Vietnam Semiconductor Foundry Market Overview:

The Vietnam semiconductor foundry market size reached USD 347.52 Million in 2024. The market is projected to reach USD 538.19 Million by 2033, exhibiting a growth rate (CAGR) of 4.98% during 2025-2033. The market is fueled by the government's wide-ranging National Semiconductor Strategy and Vietnam's strategic positioning as a leading alternative to China in international semiconductor supply chain diversification. Further, the shift of the country away from assembly and testing activities towards the development of indigenous fabrication capabilities, backed by technological partners with technology leaders and investment in government infrastructure, is extensively growing the Vietnam semiconductor foundry market share.

Vietnam Semiconductor Foundry Market Trends:

Foreign Direct Investment Surge in Assembly and Testing Operations

Vietnam is witnessing a record amount of foreign direct investment in semiconductor assembly and testing plants, as multinational companies are aware of the strategic strengths of the country and want to diversify their supply chain away from geopolitical risks. Large international players as well as domestic players have set up large operations, establishing a robust ecosystem that serves the whole semiconductor value chain from design to end-testing. For example, in March 2025, FPT Corporation inaugurated its High-Tech and Semiconductor R&D Center at Software Park No. 2 in Da Nang. This facility, spanning nearly 3,000 square meters, is set to become a cornerstone of FPT's collaboration with the Da Nang Department of Science and Technology, focusing on semiconductor and AI research. The center aims to foster innovation, contribute to the "Made in Vietnam" tech movement, and position Da Nang as a leading hub for technology development in Southeast Asia. These investments are transforming Vietnam into a critical hub for outsourced semiconductor assembly and test (OSAT) operations, leveraging the country's competitive labor costs, skilled workforce, and favorable government policies. The surge in FDI is particularly concentrated in the northern provinces near Hanoi, where companies are building state-of-the-art facilities equipped with advanced packaging and testing technologies. The Vietnam semiconductor foundry market growth is being accelerated by these investments, which not only provide immediate capacity expansion but also facilitate technology transfer, workforce development, and the creation of supporting industries that strengthen the overall semiconductor ecosystem in Vietnam.

Strategic Transition from Assembly to Fabrication Capabilities

Vietnam is actively pursuing a strategic transformation from its traditional role as an assembly and testing center toward developing indigenous semiconductor fabrication capabilities that would establish the country as a comprehensive player in the global chip manufacturing landscape. In February 2025, Amkor Technology announced a significant increase in its annual production capacity from 1.2 billion to 3.6 billion chip products at its factory in Yen Phong II-C Industrial Park, Bac Ninh. This facility is designed to be Amkor's most technologically advanced site for next-generation packaging solutions and is expected to produce 3.6 billion units annually. The investment strengthens Vietnam's position in the global semiconductor supply chain. This transition represents a significant technological and economic leap that requires substantial investments in advanced manufacturing equipment, specialized infrastructure, and highly skilled technical personnel capable of managing complex fabrication processes. The government's long-term vision includes establishing multiple semiconductor fabs with varying technological capabilities, starting with smaller facilities focused on mature process nodes and gradually advancing toward cutting-edge manufacturing technologies. Local companies are leading domestic efforts to develop chip design capabilities and testing facilities, while Viettel has announced plans for Vietnam's first semiconductor foundry in alignment with government objectives. This strategic transition is supported by partnerships with international technology providers, government-backed research and development initiatives, and the establishment of specialized educational programs designed to build the technical expertise required for advanced semiconductor manufacturing operations.

Vietnam Semiconductor Foundry Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on technology node, foundry type, and application.

Technology Node Insights:

• 10/7/5nm
• 16/14nm
• 20nm
• 45/40nm
• Others

The report has provided a detailed breakup and analysis of the market based on technology node. This includes 10/7/5nm, 16/14nm, 20nm, 45/40nm, and others.

Foundry Type Insights:

• Pure Play Foundry
• IDMs

A detailed breakup and analysis of the market based on foundry type have also been provided in the report. This includes pure play foundry and IDMs.

Application Insights:

• Communication
• Consumer Electronics
• Computer
• Automotive
• Others

The report has provided a detailed breakup and analysis of the market based on application. This includes communication, consumer electronics, computer, automotive, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Semiconductor Foundry Market News:

• December 2024: Nvidia and the Vietnamese Government signed a comprehensive AI cooperation agreement to establish an AI research and development (R&D) center and an AI data center in Vietnam. This strategic partnership is expected to accelerate the integration of artificial intelligence technologies with semiconductor development and enhance Vietnam's capabilities in designing AI-optimized chips.

Vietnam Semiconductor Foundry Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam semiconductor foundry market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam semiconductor foundry market on the basis of technology node?
• What is the breakup of the Vietnam semiconductor foundry market on the basis of foundry type?
• What is the breakup of the Vietnam semiconductor foundry market on the basis of application?
• What is the breakup of the Vietnam semiconductor foundry market on the basis of region?
• What are the various stages in the value chain of the Vietnam semiconductor foundry market?
• What are the key driving factors and challenges in the Vietnam semiconductor foundry market?
• What is the structure of the Vietnam semiconductor foundry market and who are the key players?
• What is the degree of competition in the Vietnam semiconductor foundry market?

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam semiconductor foundry market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam semiconductor foundry market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam semiconductor foundry industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.