Vietnam attracts South Korean tech investment at SEMICON Korea 2025

Leading South Korean and foreign companies were drawn to the Vietnam Investment Forum on Semiconductors, which promises to open new avenues for investment cooperation between Vietnam and South Korea in the semiconductor and high-tech sectors.

The event, which debuted on February 20 in Seoul, was organized by the National Innovation Center (NIC) of the Ministry of Planning and Investment in cooperation with the Vietnamese Embassy in South Korea and the Semiconductor Manufacturing International Association (SEMI).

Vietnamese delegation at SEMICON KOREA 2025. Photos: NIC

This forum comes amid the strengthening of the Comprehensive Strategic Partnership between the two countries and Vietnam's emergence as an attractive destination for semiconductor investment, particularly in design, workforce and back-end testing.

The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.

This activity is an important step in the integration of Vietnam into the global semiconductor supply chain on a deeper level.

Speaking at the forum, Vu Ho, Vietnam's ambassador to South Korea, highlighted the expanding relationship between Vietnam and South Korea in other sectors.

He noted that the establishment of the Comprehensive Strategic Partnership in 2022 has laid a solid foundation for cooperation, particularly in semiconductors and artificial intelligence (AI), two strategic industries for Vietnam's future.

 "Vietnam is proactively developing a domestic semiconductor ecosystem and creating a favorable legal framework to welcome global companies in the semiconductor and Al industries," said Vo Xuan Hoai, Deputy Director of NIC.

Recently, the Politburo issued Resolution No. 57-NQ/TW on December 22, 2024, on breakthroughs in science, technology, innovation, and national digital transformation.
Subsequently, the government issued Decree No. 182/2024/ND-CP on December 31, 2024, on the establishment and management of the Investment Support Fund.
Hoai noted that 2024 marks an important turning point for Vietnam's deeper integration into the global semiconductor supply chain.

Vo Xuan Hoai, NIC Deputy Director, speaks at the event.

With its potential market, high-quality workforce, and attractive support policies, Vietnam is becoming an  ideal destination for large technology companies looking to expand production and investment, the NIC deputy director added.

In 2025, the center will have a series of investment promotion programs in place in cooperation with potential partners.

From an investor's perspective, Lee Dong-Chul, CEO of Hana Micron, said that Vietnam offers a dynamic investment environment with strong government support, developed infrastructure, and skilled labor at competitive costs, making it an attractive destination for high-tech enterprises.