Cho Hyung Rae, Hana Micron’s Vice President for Vietnam, told Reuters that the expansion is in response to requests from industrial clients who want to move some production capacity away from China.

Amkor Technology

Reuters reports that a US-based Amkor Technology has announced a US$1.6bn plan to build a 200,000 square metre factory in Vietnam, which the company says will become its most extensive and advanced facility.

Intel

Meanwhile, Intel, another major player in the semiconductor industry, already operates its largest chips back-end factory in Vietnam and had a significant presence at the country’s first international semiconductors exhibition near Hanoi.

FPT

Domestic players are also contributing to Vietnam’s semiconductor industry growth.
For example, Vietnam tech firm FPT is building a testing factory close to Hanoi, with plans to start operations early next year.
The 1,000-square-metre plant is expected to begin with 10 testing machines, tripling capacity by 2026, with an investment of up to US$30m.

South Korea & Japan bolster domestic semiconductor industries

While Vietnam is attracting foreign investment in chip manufacturing, other Asian countries are taking steps to strengthen their domestic semiconductor industries.

For instance, in South Korea, the ruling party has proposed a special chips act aimed to provide subsidies and exemptions from working hour caps for chipmakers, in response to potential US trade measures under President Trump.