Top Semiconductor Companies in Vietnam

The semiconductor industry is one of the fastest-growing industries in Vietnam, contributing significantly to the country's GDP and employment. The industry has witnessed rapid growth in recent years, and this trend is expected to continue in the coming years. In this article, we will explore the key statistics, factors contributing to the growth, trends, challenges, and future outlook of the semiconductor industry in Vietnam.

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CompanyHeadcountContactDescriptionDecision Maker
NK ENGINEERING CO LTD - REPRESENTATIVE OF ENDRESS+HAUSER IN VIETNAM54 +84 24 7308 9966
sales@nkengineering.com.vn

NK Engineering Co. Ltd, the representative of Endress+Hauser in Vietnam, was established by an excellent professional team of engineers with over 10 years experience in providing instrumentation and automation solutions. Products: We officially provide Products, Solution, Service of The Endress+Hauser Group. Our products set standards in quality and technology. Industries: We work closely with the Chemical, Food & Beverage, Oil & Gas, Life Science, Textile, Automotive, Semiconductor industries. NK Engineering supports its customers in optimizing their processes in terms of reliability, safety, economic efficiency and environmental impact.

HYESUNGTECH VIET NAM JOINT STOCK COMPANY7 +84 97 229 43 80
infor@hyesungtech.com.vn

The goal is to become the number 1 company in Vietnam in the field of the industrial vacuum. Provide advanced, efficient, sustainable vacuum solutions for customers. After-sales service is our strength, with a system of service workshops in Hanoi and Ho Chi Minh City We are honored to be partners of major brands in the world: - Atlas Copco: Official distributor of vacuum pump products - Hyesungtech Korea: Koreas leading Turbo vacuum pump repair partner - CS Clean: Solution to filter waste gas in semiconductor manufacturing, providing products and services - VAT: Distributing vacuum valves of all kinds - Vacuum pump repair and maintenance service Customers in many applications: - Semiconductors: Seoul Semiconductors, II-VI, ... - Electronics: Samsung Electronics, Samsung Display, ... - Automotive: VINFAST, Huyndai, STANLEY, ... - Solar: First Solar, JA Solar, ... - Coating: Ricoh, Oerlikon Balzers, ...

𝐀𝐓𝐒 𝐖𝐚𝐭𝐞𝐫 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐂𝐨., 𝐋𝐭𝐝8 +84 28 6258 5368
info@atswatertechnology.com

ATS WATER TECHNOLOGY CO., LTD was established in 2009, has been a genuine distributor of high quality products from USA, Europe, Israel, Korea. All equipments are products of major brands in water and wastewater treatment industry such as: LG Chem (NanoH2O-USA), Pentair, PWT, Piedmont, Danfoss, Antech, Aqsep, ePore... Wherever water is needed, we can provide solutions and equipment. It can be thermal power plants, semiconductor technology, chemicals, food, seawater treatment, water supply and industry…. ATS WATER TECHNOLOGY CO., LTD is the right choice because we have extensive experience in design consulting and providing comprehensive solutions for water treatment projects. TARGET: Become a reliable partner for contractors and provide high quality technology products in the field of water treatment in Vietnam as well as in the region. MISSION: Bring high quality products to customers. Help customers solve difficult problems. Market leader in water treatment. Cultivate experie…

TRI CUONG INDUSTRIAL CO.,LTD (TCI)17 +84 24 3295 9859
sales.01@tci.vn

Established in 2006 with slogan “Create your values”, Tri Cuong Industrial (TCI) Co., Ltd has been becoming a leader in designing and manufacturing various types of precision parts, factory equipment and custom automation in Vietnam. Located in Hanoi capital with 2000 square meters and 120 qualified employees, our factories are equipped with state of the art CNC machinery mainly from Japan. TCI is ISO 9001-2008 and ISO 140001 certificated company and service in a variety industry of automotive, electronic, semiconductor, medical and other industries. We offer full service of consultancy, design, manufacturing, installation and maintenance. To the end of 2014, we have well installed more than 800 projects for Foreign Direct Investment (FDI) companies in Vietnam and exported products to Japan & Europe. STRATEGY: Sustain profitable growth by providing a variety of automation and technical services that meet or exceed our customers requirements. TCI is totally committed to customers’ satis…

NK ENGINEERING CO.,LTD - REPRESENTATIVE OF ENDRESS+HAUSER IN VIETNAM60 +84 24 7308 9966
sales@nkengineering.com.vn

NK Engineering Co. Ltd, the representative of Endress+Hauser in Vietnam, was established by an excellent professional team of engineers with over 10 years experience in providing instrumentation and automation solutions. Products: We officially provide Products, Solution, Service of The Endress+Hauser Group. Our products set standards in quality and technology. Industries: We work closely with the Chemical, Food & Beverage, Oil & Gas, Life Science, Textile, Automotive, Semiconductor industries. NK Engineering supports its customers in optimizing their processes in terms of reliability, safety, economic efficiency and environmental impact.

PMAC - PRECIOUS METALS & CHEMICALS16 +84 93 808 52 78
sales@pmac.asia

PMAC is a professional Distribution and Service company, dedicated for Precious Metals containing Chemicals, Materials and related processing Tools and Equipment. Determined to bring Hi-Tech, expertise and valuable products from our world-leading partners to our impactful manufacturers, we strive to meet emerging demands of Hi-Tech electronics, automotive, semiconductor and other supporting Industries allocated in the Indochina Region. Composed of a team of creative, brilliant and passionate young talents from Asia, we aim to contribute to a wealth of Luxury fashion demands. Our founder and dear colleagues, with over 20 years experience and dedication to these specific fields have won the trust of world-leading brands in the precious metals industry, there by culminating the passions to own the specific Hi-Tech in the field and satisfying the most famous brands and standards of the world.

COASIA SEMI VIETNAM CO., LTD30 +84 98 324 05 08
junchoi@coasiasemi.com

Founded in October 1997, CoAsia was offering IC design service business in the beginning with capital of NT$80 million. CoAsia is recognized by both its partners and suppliers also cooperating with customers for their continuous endeavor to service quality in system design. In 2003, CoAsia was named a “Windows Embedded Partner” by Microsoft Inc. and in 2004, as the No. 1 “Mobile Solution Partner” in the world by Samsung Semiconductor. CoAsia is expected to soon become the leading company in providing total solution for mobile multimedia. Due to strong market demands, the sales volume of mobile solutions jumped in 2005 and reached a ratio of 60-40% compared to the sales volume of IC design service. CoAsia is dedicated to serve its partners and customers, providing the best components for their mass production. To cope with the quick changes in the technology market, CoAsia runs flexibly and efficiently, increasing profitability. In 2004, CoAsia was successfully listed in the Taiwan OTC …

SWAN ANALYTICAL VIETNAM4 +84 90 388 86 90
sales@swanvietnam.vn

Swan Analytical Instruments (trụ sở chính ở Thụy Sĩ) được biết đến là nhà cung cấp hàng đầu trên toàn cầu về hệ thống phân tích, giám sát trực tuyến chất lượng nước sạch, nước siêu sạch cho các ngành công nghiệp đòi hỏi sự khắc khe về việc kiểm soát chất lượng nước cần siêu sạch. Đặc biệt là kiểm soát chất lượng nước trong các ngành nhiệt điện, nước sản xuất dược phẩm, nước cấp sinh hoạt... SWAN is a global leading provider of on-line analytical systems in the water industry. The current product portfolio ranges from ultrapure water (like pharmaceutical and semiconductor applications), feedwater, steam and condensate monitoring as well as potable water and industrial water treatment up to swimming pool and sanitary water applications. SWAN covers the following applications: ▪ High Purity Water ▪ Feedwater, Steam & Condensate ▪ Pharma Water ▪ Potable Water ▪ Pool & Sanitary ▪ Cooling Water ▪ Waste Water & Effluents And the following parameters: ▪ Ammonium ▪ Chlorine / Ozone / CIO2 ▪ …

AT-COM ELECTRONICS15 +84 28 3848 6137
contact@at-com.com

AT-COM Electronics Co., Ltd (“AT-COM”) is one of the leading design houses and distributors of Semiconductor, Wireless connectivity, Memory, Automotive, Mobile chipset components that help our customer stay ahead of the competition in the “Internet of Things” trend. As a commission of providing qualified products and excellent solutions to customers, AT-COM is now proudly become an authorized distributor and partner of many leading semiconductor Manufacturers all over the world hereunder.

GES VIET NAM8 +84 28 3736 2388
gessales@geservs.com

GES is among the global leaders in semiconductor equipment services. With a team of broad experience in semiconductor field, GES provides technical resource solutions to the electronics industry to reduce costs and improve efficiencies to its customers operations. GES has a headquarter in Silicon Valley, San Jose, California, USA and many satellite operations throughout Asia to support customers worldwide.

SYNAPSE DESIGN VIETNAM34 +84 236 6272 722

Synapse Design is the industry leader in design services for highly complex SOCs and ASICs and is the engineering backbone of many top-tier semiconductor and systems companies around the world. The Company’s products and services support companies creating high-end products in the storage, wireless/mobile, networking/computing, and multimedia industries. Through its people, products, technologies, and services, the Company delivers engineering excellence and a flexible business model enabling next-generation products for its customers. Founded in 2003 and headquartered in the Silicon Valley, the Company maintains global reach to high-technology centers of the world, serving customers locally from offices in the U.S., India, Europe, China, Taiwan, VietNam, Japan, and Malaysia. The Synapse Design engagement model is equally diverse – all the way from architecture or product spec development to full turnkey projects, or deploying large/small teams around the world to help its clients…

TIEN PHONG SEMICONDUCTOR10 +84 90 900 50 96
support@tienphongsemi.com

Established in 2013 and Headquarter located in Ho Chi Minh City, Vietnam, we are a local company aiming to support local businesses in electronics components supply chain, technical design, prototyping and mass production. Helping customers to bring up products to market effectively. We have a strong, enthusiastic, young, and active team that includes technical support, sales, customer service, and logistics. We provide authorised products from suppliers. We will try our best to offer you the best products with the best services. Customer satisfaction is our highest aim. We support all sizes of businesses from start-ups to SMEs and MMCs. Provide our customer components in time with a forecast provided. With our supply chain and design support, our customers can focus more on production and sales. PROJECTS - Electricity Meter (Single Phase E-Meter, 3-Phase E-Meter) - Motorbike Security (S-Lock On, S-Lock F Plus, S-Lock SB) - Automobile Navigation Devices (GPS Tracking Device, For …

YASKAWA ELECTRIC VIET NAM8 +84 28 3822 8680
info@yaskawavn.com

Founded in 2010 Yaskawa Electric Vietnam is a leading robotics company in Vietnam. Yaskawa Vietnam is backed by a powerful headquarter, Yaskawa Electric Corporation in Japan. YASKAWA Electric Corporation is the leading global manufacturer of inverter drives, servo drives, machine controller, medium voltage inverters, and MOTOMAN industrial robots. Founded in 1915 in Kitakyushu, Japan. Since 1915, Yaskawa Electric has demonstrated a passion for automation by developing specialized solutions to help customers increase efficiency, improve quality, boost productivity, and deliver outstanding ROI. As one of the worlds largest manufacturers of industrial robots. In its over 100 years of establishment and development history, YASKAWA has been a pioneer in motion control and drive technology, launching product innovations, which optimize the productivity and efficiency of both machines and systems. YASKAWA products and solutions have helped to drive automation processes in many different i…

DOCKWEILER TUBE & FITTINGS0 +84 98 911 34 82
abby.vo@apaxtube.vn

Apax Co., Ltd. is exclusive distributor in Vietnam for Dockweiler, a German suppliers of process solutions for the transport of high purity fluids and gases. Its not only tubes and fittings in UHP processing, its also solution providers for you to optimize your system with highest quality

FLEXIM AFRICA0 +61 407 457 756
salesus@flexim.com

Flow meters for every industry and medium - by use of ultrasound and without media contact. As the technology and market leader in the field of clamp-on ultrasonic flowmeters and real-time concentration and density monitoring as well as advanced process analytics using clamp-on ultrasound and inline refractometry, FLEXIM offers the best measurement solutions for any application and media in every industry. Our measuring devices for determination of volume and mass flow, density and concentration are fields proven in numerous industrial applications worldwide: Flow measurement and media detection within the Oil and Gas sector Flow and concentration measurement within the chemical industry Drinking water and sewage monitoring in municipal networks Thermal energy measurement and compressed air consumption monitoring within industrial and commercial buildings and plants Media contact-free flow measurement and concentration determination within the food and beverage sector Highly hygienic…

OPTOELECTRONICS INTERNATIONAL JOINT STOCK COMPANY (OEIC)7

A Vietnamese early growth company in the field of high technology electronics and semiconductors manufacturing. It is based in Saigon Hi-Tech Industrial Park, Ho Chi Minh City, Viet Nam. Company primary activity is the manufacture of next-generation Active Optical Cables (AOC) and other microelectronics products for Telecommunication / Information Technology / Broadcast Industry.

ULVAC VIETNAM (ULVAC SINGAPORE PTE LTD REP.OFFICE)1 +84 98 824 85 67
phan_ngoc@ulvac.com

ULVAC is a Japan company where is supplying the vacuum solution for customers over the world by our vacuum equipment and components. Our products are VACUUM HEAT TREATMENT FURNACES for the molding industrial, the AUTO LEAK TEST for the automotive industrial, the ROLL COATER for the flexible packaging, the VACUUM PUMPS, VACUUM GAUGE for many companies in the world. And many equipments for the semiconductors likes as the sputtering, evaporator...etc

VNCHIP TECHNOLOGY14 +84 28 6286 1058
sales@vnchip-inc.com

VNCHIP is a leading Integrated Circuit (IC) Design Industry in Vietnam. Founded in 2018, we started from a non-profit company specializing in IC design training with the desire to explore this industry in Vietnam and create more opportunities for graduated students. Since then, we have expanded into the Design Service Field. We considered this training as our core foundation in developing and building the value of our company. In addition, we desire to promote Vietnamese engineers to become International Professional Engineers VNCHIP delivers cutting edge solutions across a diverse portfolio of services including Physical Design, STA and DFT. We focus on end-to-end customized turnkey solutions of the highest quality tape-out with the shortest development cycle to the global semiconductor industry. Through a process of deep collaboration and transparency, VNCHIP offers outstanding technical support along with dependable delivery and quality.

THUNDERSOFT VIETNAM23
biz@thundersoft.com

ThunderSoft is a provider of operating system technologies, superior products and solutions, experts in 5G, mobile, AIoT, automotive, and enterprise. Headquartered in Beijing and listed on the Shenzhen Stock Exchange (SZ: 300496). It has established strong partnerships with the world-leading technology companies, including semiconductors, components, terminal, software and Internet providers, as well as mobile carriers, bringing the company a unique vertical integration advantage and aiming to create high-quality intelligent devices. ThunderSoft has more than 25 R&D centers and offices in China and a global presence in Germany, Finland, Bulgaria, Japan, South Korea, India, Malaysia, Singapore, Canada, the U.S and Vietnam.

ONSEMI VIETNAM48
sspmg@onsemi.com

ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient connectivity, sensing, power management, analog, logic, timing, discrete, and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing,consumer, industrial, medical and military/aerospace applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions.

Top Semiconductor Companies in Vietnam

Key Statistics from 2022

According to the Vietnam Semiconductor Industry Association (VSIA), the semiconductor industry in Vietnam has been growing at an average rate of 20% per year, and it is expected to reach a value of USD 10 billion by 2025. The industry's growth is also reflected in the employment figures, with the number of workers in the industry increasing from 33,000 in 2010 to 160,000 in 2022.

Factors Contributing to its Growth and Success

One of the key factors contributing to the growth of the semiconductor industry in Vietnam is the government's strong support for the industry. The government has implemented various policies and initiatives to attract investment and promote the development of the industry. For instance, the government has established several semiconductor research and development centers, provided tax incentives and financial support to semiconductor companies, and invested in infrastructure development to create a favorable business environment for the industry.

Furthermore, Vietnam's strategic location and favorable business environment have made it an attractive destination for semiconductor companies looking to expand their operations in Southeast Asia. The country's low labor costs, skilled workforce, and strong supply chain have also been key factors in the industry's growth and success.

Industry Growth and Comparison to Previous Years

The semiconductor industry in Vietnam has witnessed rapid growth in recent years, with a 20% average annual growth rate. This growth is higher than the global average growth rate for the semiconductor industry. The industry has also seen an increase in the number of semiconductor companies and the size of their operations in the country.

Key Trends Including Technological Disruptions

The semiconductor industry in Vietnam is expected to benefit from several key trends, including the increasing demand for electronic devices, the growth of the internet of things (IoT), and the development of artificial intelligence (AI) and 5G technology. These trends are expected to drive the demand for semiconductors, creating new opportunities for the industry.

Another important trend is the adoption of sustainable and environmentally friendly production practices in the semiconductor industry. Many semiconductor companies in Vietnam have begun to adopt green manufacturing practices, which not only benefit the environment but also enhance their brand image and reputation.

Challenges

The semiconductor industry in Vietnam also faces several challenges that need to be addressed to sustain its growth in the long term. One of the biggest challenges is the shortage of skilled workers and engineers. To address this challenge, the government and industry players need to invest in education and training programs to develop the country's workforce.

Another challenge is the competition from other semiconductor hubs in the region, such as Taiwan and South Korea. Vietnam needs to continue to invest in research and development, adopt new technologies, and improve production efficiency to remain competitive in the global semiconductor market.

Future Outlook

In the future, the semiconductor industry in Vietnam is expected to continue growing, driven by increasing demand for electronic devices and new technologies such as AI and 5G. The industry will also need to focus on adopting sustainable and environmentally friendly production practices to meet the growing demand for green products.

Conclusion

The semiconductor industry is a crucial sector of the Vietnamese economy, contributing significantly to the country's GDP and employment. The industry's growth is attributed to the government's support, favorable business environment, and strategic location. The industry is expected to benefit from several key trends, including the increasing demand for electronic devices and the development of new technologies such as AI and 5G. However, the industry must address challenges such as the shortage of skilled workers and intense competition from other semiconductor hubs in the region. The future outlook of the semiconductor industry in Vietnam remains positive, and the industry is expected to continue growing in the coming years.

Moreover, the Vietnamese government has identified the semiconductor industry as a key sector for development under its national strategy for science and technology. This strategy aims to increase the country's research and development capabilities, promote innovation, and enhance the competitiveness of Vietnamese industries.

Overall, the semiconductor industry in Vietnam is a significant contributor to the country's economic growth, and it plays a critical role in the global semiconductor market. The government and industry players need to work together to address the challenges and continue to invest in the industry's development to sustain its growth in the long term. By doing so, the semiconductor industry in Vietnam can continue to thrive and contribute to the country's economic prosperity.

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By Melissa Goh
Published on 31 May 2023