Infineon Technologies, one of Germany’s leading semiconductor solutions providers, officially opened its new office in Ho Chi Minh City on October 5, marking an expansion of its operations in Vietnam and reaffirming its commitment to supporting the country’s ambition to become a leading semiconductor innovation hub in Southeast Asia.
Mr. C.S. Chua, President and CEO of Infineon Technologies Asia-Pacific, said Vietnam is emerging as one of Asia’s promising markets for technological innovation, highly skilled engineering talent and semiconductor development.
The new office reflects Infineon’s confidence in Vietnam’s long-term growth potential, while reinforcing its commitment to supporting local businesses, developing domestic talent and contributing to the country’s semiconductor ecosystem. The company also aims to strengthen Vietnam’s role in its global innovation network.
Speaking at the opening ceremony, Mr. Pham Huynh Quang Hieu, Deputy Director of the Ho Chi Minh City Department of Science and Technology, said the growing presence of research and development centres in the city was a positive signal.
He said the city was gradually shifting from advantages based on market size and human resources towards stronger research capacity, innovation and deeper participation in global technology value chains.
“This demonstrates the city’s growing attractiveness to high-tech investors,” Mr. Hieu said.
Ho Chi Minh City has so far attracted 54 foreign-invested semiconductor projects with total registered capital exceeding $5.1 billion, gradually forming an ecosystem involving companies across multiple stages of the semiconductor value chain.
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