Da Nang City eyes semiconductor hub standing when a regional semiconductor packaging center might be gradually established in town as trade leaders spotlight development alternatives.
Da Nang City is stepping up efforts to develop into a semiconductor center in Central Vietnam, with authorities officers and trade specialists figuring out superior chip packaging as a key alternative for the nation to deepen its engagement in the worldwide semiconductor provide chain.
On July 10, as a part of Da Nang Economic, Finance and Technology Week 2026, the Da Nang People’s Committee hosted the “Da Nang Semiconductor and High Technology 2026” convention.
Ho Quang Buu, Vice Chairman of the Da Nang People’s Committee, mentioned town considers science and know-how, innovation, and digital transformation to be new drivers of financial development, with the semiconductor and high-tech industries taking part in a strategic function. Da Nang City goals to draw funding, strengthen partnerships in workforce coaching, and gradually set up itself because the semiconductor built-in circuit center of the Central area.
Experts mentioned the worldwide semiconductor trade is coming into a brand new development cycle, pushed by the speedy enlargement of synthetic intelligence, knowledge facilities, and the Internet of Things. In specific, superior packaging know-how is seen as a promising avenue for Vietnam to deepen its participation in the worldwide semiconductor worth chain.
According to Nguyen Thi Bich Yen, a member of the Institute of Electrical and Electronics Engineers (IEEE) in the United States and Chairwoman of the VSAP Lab, constructing superior semiconductor fabrication crops requires investments of tens of billions of US {dollars} and prolonged implementation durations. By distinction, chip packaging and testing require considerably decrease funding and permit merchandise to achieve the market extra shortly. She mentioned Vietnam ought to give attention to creating a extremely expert workforce and gradually set up itself as a regional semiconductor packaging center.
Meanwhile, Babak Sabi, former Amazon vp and former Intel senior vp, mentioned synthetic intelligence is producing sturdy demand for high-performance chips, driving speedy development in superior packaging know-how. He projected that the worldwide semiconductor trade may very well be value between US$1 trillion and US$2 trillion by the tip of this decade. He added that Vietnam has vital benefits in its workforce and industrial base, positioning it properly to capitalize on the following wave of semiconductor funding.
By Xuan Quynh – Translated by Anh Quan