Vietnam semiconductor industry potential (Part 1)

DIGITIMES Research finds that Vietnam's semiconductor industry shows a development trend with manufacturing having a stronger presence in the north and design in the south.

The infrastructures, government policies, and the supply of water, electricity and human resources are key issues for makers setting up businesses in the country.

As the US-China technology war rages on, the US government is seeking to decentralize semiconductor manufacturing to avoid the risk of over-concentration. As a result, a "China+1" investment strategy has taken shape for the technology industry. In response to the US including Vietnam as a friendly offshore outsourcing partner, the Vietnamese government upgraded its relationship with the US to a comprehensive strategic partnership in September 2023 to create a favorable environment for collaboration in the semiconductor industry.

• Introduction

• Incentives

• Table 1: Changes in investment laws related to Vietnam semiconductor industry

• Table 2: Vietnam corporate income tax incentive types

• Table 3: Vietnamese government special tax incentives and conditions for application for new investment projects in high-tech industry

• Table 4: Conditions for applying corporate income tax incentives for large-scale investors with Vietnamese government

• Table 5: Statuses of Vietnam, ASEAN countries, India taxes

• Water supply

• Table 6: Vietnam annual rainfalls by region

• Table 7: Vietnam annual rainy and dry season rainfalls in different regions, 2017-2022 (mm)

• Table 8: Ranking of household tap water connection rates in urban and rural areas in various provinces in Vietnam at the end of 2019