Intel has invested over $4 billion in Vietnam.

Over the past 20 years, Intel has invested more than $4 billion in its Vietnamese factory, shipping over 4 billion chip products and contributing over $110 billion to export value.

Speaking at the 20th anniversary celebration of Intel Vietnam, Kenneth Tse, General Manager of Intel Products Vietnam (IPV), said that at the time Intel invested, Vietnam was emerging as a promising manufacturing destination, but the semiconductor industry was still in its nascent stage.

Currently, Intel representatives believe that the factory in Vietnam has become the largest assembly and testing facility in Intel's global network, and a crucial link in the world's technology supply chain.

Kenneth Tse, General Manager of Intel Products Vietnam (IPV), speaks at the 20th anniversary celebration of Intel Vietnam. Photo: Anh Nguyen.

To date, Intel has committed a total investment of $4.1 billion in Vietnam. Over the past 20 years, IPV has shipped more than 4 billion units and contributed over $110 billion in export value. In 2025 alone, IPV contributed approximately $11.67 billion in export value, accounting for 57% of the total export turnover of the Ho Chi Minh City High-Tech Park (SHTP) and about 12% of the total export turnover of Ho Chi Minh City as a whole.

Notably, the chipmaker's investment has contributed to improving the quality of Vietnam's semiconductor workforce, promoting the development of manufacturing, design, and research and development (R&D) sectors, and connecting Vietnam more deeply with the global technology ecosystem.

Chairman of the Ho Chi Minh City People's Committee, Nguyen Van Duoc, stated that Intel is a key project and one of the largest technology corporations investing in Ho Chi Minh City in general, accounting for approximately 30% of the total registered investment capital in the High-Tech Park.

"I am proud to witness Intel Products Vietnam's export turnover reaching $11.67 billion in 2025 and on track to reach a record milestone of $14.6 billion in 2026," Mr. Duoc observed.

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Besides its outstanding business results, Ho Chi Minh City highly appreciates Intel's social responsibility and its effective collaboration with various agencies and organizations, such as practical cooperation programs with the management board of the Ho Chi Minh City High-Tech Park, city departments and agencies, and the National University, in an effort to train and develop human resources for semiconductor industry management. Last May, Intel donated over 30 chip assembly and testing devices to the Ho Chi Minh City High-Tech Park and the National University of Hanoi to support semiconductor training and research in Vietnam.

The city government is committed to supporting Intel Vietnam, proactively addressing any difficulties and obstacles, and creating the most favorable conditions for Intel Vietnam's strong development and for Ho Chi Minh City to be present on the world technology map.

Also at the event, Minister of Science and Technology Vu Hai Quan noted that after 20 years, Vietnam has become a semiconductor market with a scale of over 21 billion USD , attracting more than 14 billion USD in foreign investment with over 240 projects, forming about 60 integrated circuit design companies, along with a highly skilled engineering workforce of around 5,000-7,000 people.

Minister of Science and Technology Vu Hai Quan speaks at the event. Photo: Anh Nguyen.

Over the next 20 years, Mr. Quan hopes to work with Intel to implement several major shifts in the semiconductor industry, including moving from participating in the supply chain to mastering more critical stages. In addition, Vietnam needs to shift from attracting investment to co-creating, researching, and developing new products for the global market, as well as from training human resources to developing talent capable of leading future technologies.

Regarding the issue of localization rates, Mr. Quan emphasized that Vietnam needs to increase this rate not only to play the role of an assembly center, but also to participate more deeply in the global production and value chains.

Recently, the Government issued the amended Law on High Technology. In the amended Law on High Technology, the Ministry stated that it has granted the greatest incentives to businesses that meet certain criteria for technology and science and technology enterprises.

"In addition, the Ministry is also creating all the necessary conditions for foreign businesses to have the opportunity to conduct research and development (R&D) in Vietnam," the leader of the Ministry of Science and Technology added.

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Source: https://znews.vn/intel-da-dau-tu-hon-4-ty-usd-vao-viet-nam-post1659164.html