FPT and the financial consulting firm FCC Partners are collaborating to establish a fund aimed at developing human resources and attracting foreign investment into the semiconductor industry in Vietnam.
At the signing ceremony on the afternoon of August 8 in Hanoi, FPT Chairman Truong Gia Binh stated, “The world cannot do without chips, so the semiconductor industry will not wait for any nation.” He emphasized that companies like FPT and FCC Partners need to quickly participate in the global semiconductor supply chain.
“I have met many experts who believe that Vietnam has many advantages to participate in this industry,” Binh said. “However, Vietnam doesn’t have much time to seize this opportunity. Therefore, we need innovative approaches and need to collaborate with parties like FCC Partners.”
FCC Partners is a company based in Taiwan, bringing together many experts in the finance and banking sectors. It provides services such as international M&A consulting, investment fund management, capital raising arrangements, and stock listing advisory, targeting clients from various industries, including high technology, green energy, and infrastructure.
Under the cooperation agreement, the two sides will collaborate to explore the establishment of the Vietnam Semiconductor Industry Development Fund. This fund aims to develop human resources, attract foreign investment in the semiconductor sector, support startups, and promote innovation, thereby contributing to the growth of the semiconductor industry in Vietnam.
FCC Partners will play a role in introducing potential partners and clients, connecting with universities in Taiwan to open up opportunities for cooperation in education and human resource training.
At the event, FCC Partners Chairman CY Huang stated that Taiwan has significant strengths in technology industries, especially in semiconductors and artificial intelligence, and that the cooperation will bring great benefits to both parties. “We are very optimistic about the upcoming successes and believe that this partnership will help enhance the position of Vietnam’s high-tech and semiconductor industries,” CY Huang said.
According to the FPT Chairman, among Vietnam’s advantages, human resources are one of the core factors most anticipated by foreign partners. If human resources are well-prepared, Vietnam can gain the trust of partners, promote investment attraction, and develop the semiconductor production and supply chain.
Binh also suggested that the two parties discuss building research laboratories in major cities like Hanoi, Da Nang, and Ho Chi Minh City. FCC Partners will encourage investors to come to Vietnam to train human resources as quickly as possible. These trained professionals could then work in Vietnam or any other country.