FPT is accompanying Da Nang in preparing and training high-quality human resources for the semiconductor industry, with a goal of helping the central city become a "Silicon Valley" of Vietnam.

Prime Minister Pham Minh Chinh visited Silicon Valley and major technology companies of the US and the world there on September 18. This formed part of his trip to attend the high-level week of the 78th United Nations General Assembly and bilateral activities in the US.

Prime Minister Pham Minh Chinh and his entourage visited Silicon Valley and major technology companies of the US and the world there on September 18 afternoon (local time).

Bloomberg on February 14 published an article “Silicon Valley talent is helping grow Vietnam’s startup hub”, quoting founders’ opinion that an abundance of inexpensive engineers coupled with a fast-growing economy makes Vietnam an attractive spot for startups.

The central city of Da Nang holds great potential to become a ‘Silicon Valley’ of Southeast Asia, especially when it receives more investment, technology and resources of firms which come from the US’s ‘Silicon Valley’, an official has said.

Budiman Sudjatmiko, Chief Executive of the Kiniku Bintang Raya KSO – one of the two state-owned companies joining the “Algorithm Hill” (Silicon Valley) project of Indonesia, said that the project’s groundbreaking will take place after this year's Eid al-Fitr or mid-May.

The industrial zones and high-tech park authority (DHPIZA) of the central city of Da Nang has granted an investment licence to a semiconductor project worth 110 million USD from the firm United States Enterprises.

The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.

Vietnam is willing to welcome investment from Japanese IT enterprises, Deputy Minister of Information and Communications Pham Anh Tuan told an online conference on September 30.

Malaysian authorities said on November 21 that they have busted the country’s largest-ever online investment scam syndicate with the arrest of 680 Chinese nationals in a single raid.

Indonesia’s new capital city will be modelled on Silicon Valley, a base for tech and creative companies, besides hosting the government apparatus, according to Indonesian President Joko Widodo.

US firms have inked three memoranda of understanding (MoU) on investment in hi-tech and information technology in the central city of Da Nang during a recent working trip to the US and Canada by Chairman of the municipal People’s Committee Huynh Duc Tho.

Elsa Speak, an English learning application, has successfully raised 7 million USD in funding from Google and Silicon Valley in the US.

Prime Minister Nguyen Xuan Phuc on April 27 visited the Port of Singapore and Supply Chain City – a provider of logistic services and urban solutions under the YCH Group, as part of his ongoing official visit to the country.

Prime Minister Nguyen Xuan Phuc urged the Saigon Hi-tech Park (SHTP) to develop itself into a Silicon Valley in the region during a ceremony marking its 15th founding anniversary in Ho Chi Minh City.

Asia’s leading independent news source, “Asian correspondent” has run an article, saying it appears that Vietnam is best placed to become Southeast Asia’s Silicon Valley.

The information technology (IT) boom is expected to help Vietnam become the Silicon Valley of Southeast Asia, according to an article posted on the website //www.pcmag.com.

A workshop on building a start-up atmosphere in Vietnam was held in Hanoi on August 13 by the Ministry of Science and Technology (MoST) to share experience and measures.