The global semiconductor industry is entering a new phase of strategic importance, with market value projected to surpass USD 1 trillion by 2030. Growth is being accelerated by artificial intelligence (AI), cloud computing, and next-gen digital infrastructure - transforming semiconductors from a specialized sector into a foundational pillar of the global economy.

Against this backdrop, FPT Corporation is rapidly expanding its role - from a long-established software and IT services leader into a key player in semiconductors - supporting Vietnam’s national ambition to move deeper into the global technology value chain.

Completing the Value Chain: From Design to Packaging and Commercialization

The semiconductor value chain spans three core stages: design, fabrication, and testing & packaging. Vietnam has developed an early advantage in chip design, with approximately 5,000 engineers already contributing to global projects. However, downstream capabilities - particularly testing, packaging, and commercialization - have remained underdeveloped.

FPT’s recent announcement of a strategic investment in an Advanced Semiconductor Testing and Packaging Plant directly addresses this gap, marking a strategic shift from partial participation toward a more integrated, end-to-end semiconductor ecosystem. As FPT Chairman Dr. Truong Gia Binh emphasized, the Corporation’s approach is not to operate in isolation, but to connect capabilities across the system: from training and R&D to design, packaging, and commercialization - effectively completing the “Make in Vietnam” chip value chain.

From Capability to Commercialization: Early Global Traction

Beyond capability-building, FPT has already begun demonstrating tangible commercial progress - an important signal of Vietnam’s emerging role in the global supply chain.

  • The Corporation has secured orders of up to 70 million chips from international clients across markets including Japan, South Korea, Taiwan, and Australia
  • In 2025, FPT delivered its first commercial shipment of power management chips to Japan, marking the first time a Vietnamese enterprise successfully entered one of the world’s most demanding semiconductor markets.
  • Through its partnership with Japan’s Restar Group, FPT also aims to distribute .

The products - ranging from PMICs and LDOs to BUCK converters and power MOSFETs - are already being applied in enterprise equipment, consumer electronics, and industrial devices, demonstrating real-world use cases beyond prototype development. This transition - from design capability to validated commercial output in global markets - marks a critical milestone not only for FPT, but for Vietnam’s semiconductor ambitions as a whole.

Building the Talent Engine of Tens of Thousands

A defining pillar of FPT’s semiconductor strategy is its investment in human capital - addressing what is widely seen as the industry’s most critical bottleneck. FPT aims to train 10,000 semiconductor engineers by 2030, contributing to Vietnam’s broader goal of 50,000 professionals in the same timeframe.

This effort is being executed through a multi-layered education ecosystem:

  • FPT University’s Faculty of Semiconductor and Microelectronics, launched to deliver specialized undergraduate and advanced programs.
  • International partnerships enabling joint training, faculty exchange, and global exposure.
  • Industry-led programs such as FPT Jetking, where up to 70% of training time is hands-on, aligned with real-world industry requirements.
  • Participation in a Semiconductor Alliance of over 20 organizations, including universities, enterprises, and global partners, to scale training capacity and share resources.

This structured pipeline - from classroom to production - positions FPT not just as a consumer of talent, but as a system builder for Vietnam’s semiconductor workforce.

An Ecosystem Approach: Partnerships Across Countries and Value Chains

Recognizing the complexity of the semiconductor industry, FPT has adopted an ecosystem-driven strategy - partnering across both domestic and international networks.

Within Vietnam, FPT is working with Viettel to cover the full value chain - from training and design to fabrication, testing, and commercialization, aiming to build a more self-reliant national semiconductor capability.

Globally, partnerships are expanding across key markets:

  • Japan – Collaboration with Restar to commercialize and distribute FPT-designed chips across Asia–Pacific.
  • South Korea – Cooperation with ABOV Semiconductor on next-generation chip R&D and with Gachon University on talent development.
  • Participation in broader alliances connecting academia, enterprises, and governments.

This model reflects a clear strategic direction: orchestrating complementary strengths rather than building everything independently, accelerating both capability development and market access.

Positioning Vietnam in a Shifting Global Landscape

The semiconductor industry is undergoing structural transformation, as countries seek to strengthen domestic capabilities and reduce reliance on fragmented global supply chains. Vietnam is emerging as a promising participant, with more than and a national strategy focused on talent development and ecosystem building.

Within this context, FPT’s expansion into semiconductors reflects not just corporate ambition, but alignment with broader national priorities. By connecting design, talent, packaging, and commercialization, the Corporation is contributing to a more complete and self-sustaining semiconductor ecosystem.

A Strategic Transition with Global Implications

FPT’s journey - from software to semiconductors - signals a broader shift in how Vietnamese technology companies are positioning themselves in the global economy. The move is not about replacing software strengths, but extending them - leveraging decades of experience in software engineering, system integration, and AI to create a hybrid advantage bridging software and hardware.

As global demand for semiconductors continues to accelerate, this integrated approach - combining talent, technology, partnerships, and commercialization - positions FPT, and Vietnam, as an increasingly relevant node in the global semiconductor value chain.

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