The groundbreaking ceremony was attended by Deputy Prime Minister Nguyen Chi Dung, President of the Viet Nam National University Ho Chi Minh City Vu Hai Quan, and Deputy Minister of Science and Technology Pham Duc Long.

The investment capital for the second phase is approximately 100 million USD, including the cost of building a clean room, purchasing machinery and equipment, and acquiring intelligent factory management software. The facility covers an area of 30,000 square metres within the CT Group High-Tech Development Centre in Thuan An, Binh Duong Province.

Scheduled to begin operations in the fourth quarter of 2025, the plant is projected to reach a capacity of 100 million chips annually by 2027. It will use the latest technologies and involve experts with over 30 years of experience in the semiconductor industry, with consultancy from a corporation responsible for constructing many of TSMC’s chip plants.

Speaking at the ceremony, Azmi Bin Wan Hussin Wan, CEO of CT Semiconductor, stated that by September 2025, the first chip to be fully assembled, packaged, and tested in Viet Nam by a 100% Vietnamese-owned OSAT company will be produced on this line.

He noted that this achievement will represent the intelligence and limitless potential of the Vietnamese people, and that this event marks a historic milestone for CT Semiconductor, for Viet Nam’s semiconductor industry, and the country’s technological future.

An overview of the ground-breaking ceremony.

The groundbreaking of Viet Nam’s first semiconductor plant represents a significant step forward in developing the country’s semiconductor industry.

CT Semiconductor’s plant is expected to play a key role in advancing Viet Nam’s chip industry, allocating more than 10% of its capital and revenue to research and development, particularly in developing cutting-edge technologies.

The plant is a cornerstone of CT Group’s high-tech ecosystem, linking its advanced technology projects, including semiconductors, UAVs, AI, and electric trains. This integration will form a closed value chain—from chip design, overseas photolithography processing, to packaging and testing—fostering the development of both the group’s and Viet Nam’s broader tech ecosystem.

Located at the intersection of Ho Chi Minh City, Binh Duong and Dong Nai, it is just a few kilometres from Viet Nam National University-Ho Chi Minh City and other academic institutions, as well as close to Song Than Railway Station and only 15 minutes from Tan Son Nhat Airport. With over 1,000 workers, technicians, and engineers, the facility will serve as a research and internship hub for local universities, laying the groundwork for Viet Nam’s 100,000 semiconductor engineers’ programme.

The plant is a source of inspiration for Viet Nam’s younger generation, representing the nation’s rise to technological self-reliance and the development of fully Vietnamese-led innovation.

The plant also plays an important role in Viet Nam’s international cooperation strategy. Drawing lessons from countries like Malaysia and Singapore, where Malaysia now accounts for 13% of the global OSAT market and many top executives at global tech giants, including the CEOs of Intel and Qualcomm, are Malaysian, Viet Nam can confidently aspire to similar achievements through effective innovation strategies.

Currently, CT Semiconductor is researching cutting-edge technologies such as GaN, Photonics, Advanced Packaging, as well as designing complex chips for 6G, data transmission in signal-free environments, AI, UAVs, and more. Alongside the newly inaugurated CT INNOVATION HUB on April 29, a unique high-tech ecosystem is beginning to take shape.

Speaking at the event, CT Group Chairman Tran Kim Chung said: “We hope that the government will offer strong support to develop Viet Nam’s semiconductor industry. We hope that the government consider the experiences of the Republic of Korea, China and Taiwan (China), which have provided substantial financial support to semiconductor companies over 10 years until they became competitive.”