Vietnam Chip Plant Faces Delays and Lacks ASML Deal
Vietnams first semiconductor plant is unlikely to meet its 2027 production target amid developer inexperience and stalled equipment talks with ASML. The $1.3 billion project faces significant hurdles as construction remains absent.
Vietnam is unlikely to meet its 2027 production target for its first domestic semiconductor plant as talks with ASML HOLDING NV face delays. The $1.3 billion project in Hanoi remains undeveloped, hampered by bureaucratic hurdles and developer experience.
The military-run telecoms group overseeing the project has yet to secure necessary equipment or finalize technology partnerships. Industry participants note that starting with advanced 32-nanometre production presents significant technical hurdles for a market newcomer.
