The signing ceremony was observed by Vietnamese Prime Minister Pham Minh Chinh, and Minister of Planning and Investment Nguyen Chi Dung.
The same day, Synopsys also sign a MoU with the Authority of Information and Communication Technologies Industry (AICTI) of Viet Nam, under the country’s Ministry of Information and Communications (MIC),
The MoU is targeted toward advancing semiconductor development in the country. As part of this effort, Synopsys is supporting the AICTI’s establishment of a Vietnam semiconductor research institute.
Synopsys also plans to consult and provide insights as the AICTI drafts its strategic plan to set up an initial R&D fab and a high-end emulation center to cultivate advanced IC design start-ups and facilitate R&D fab production capability in Viet Nam.
“Not only is Synopsys a catalyst for chip innovation, we are also committed to ensuring a strong, global semiconductor ecosystem. This includes our commitment to the growth and development of our critical industry in Viet Nam, he added.” Doing business in Viet Nam since 2005, Synopsys opened its first office in the country in 2016. Today, Synopsys has four offices across Ho Chi Minh City and Da Nang. Of the 500 employees there, approximately 400 are in R&D roles. Synopsys has also been invited by ministries to become a “trusted advisor” to the Viet Nam government, supporting semiconductor training and research efforts./.