Dutch high-tech company VDL to develop semiconductor factory in Vietnam – Vietnam Investment Review
The deal was agreed during a Dutch trade mission’s visit to Vietnam. VDL is a provider of advanced technology equipment for the semiconductor, analytical, and health industries.
Construction of the new VDL factory in the northeast of Vietnam will start soon. The schedule is for the first modules to leave the new plant to supply international customers by the end of the first quarter or beginning of the second quarter in 2025.
VDL Groep’s overall growth strategy covers Europe, America, and Asia. VDL’s global customers are asking for even better global coverage, with local production for local markets. Being able to deliver anywhere is a major advantage for VDL’s existing and new customers.
VDL is therefore also investing on all three of these continents, the majority in Europe. These investments are aimed at maintaining and strengthening employment in the current plants. VDL ETG also has locations in Asia in Singapore and Suzhou (China).
The expansion in the Southeast Asian nation is part of VDL’s global growth strategy. About 60 staff will initially join VDL ETG in Vietnam.
Vietnam will look to build on its semiconductor diplomacy with the formulation of a strategy on developing the much-needed products.
On March 15, Synopsys, a leader in software design for semiconductors, signed a cooperation agreement with Vietnam National University Ho Chi Minh City (VNU-HCM) to strengthen training and research capacity in semiconductors, especially in the field of IC design.
Victory Giant Technology is to invest in a high-precision, printed circuit boards project in the northern province of Bac Ninh, according Vuong Quoc Tuan, standing Deputy Chairman of Bac Ninh People’s Committee following a meeting at the Chinese manufacturer’s factory in Guangdong province on March 19, during Tuan’s visit to the country.
By Thanh Van
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Vietnam Investment Review under the Ministry of Planning and Investment
Editor-in-Chief: Le Trong Minh
Deputy Editors-in-Chief: Bui Duc Hai, Nguyen Van Hong and Nguyen Quoc Viet
Editorial Board Member: Dang Tuan Khanh
Managing Editor: Nguyen Chi Mai
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