HANOI, Vietnam, Jan. 17, 2026 /PRNewswire/ -- Viettel Group has officially broken ground on the construction of Vietnam's first semiconductor chip fabrication plant. The project is implemented by Viettel as a mission assigned by the Ministry of National Defense, in accordance with a Government Resolution.
For the first time, Vietnam is developing domestic chip fabrication capability, laying a foundation for the goal of gradually mastering core technologies and developing a domestic semiconductor ecosystem.
The plant will be built in the Hoa Lac Hi-Tech Park (Hanoi) on an area of 27 hectares, oriented to become national infrastructure serving research, design, testing, and semiconductor chip production.
Once operational, the plant will be able to serve national industries such as aerospace, telecommunications, IoT, automotive manufacturing, medical devices, and automation, among others.
A complete semiconductor chip product typically goes through six main stages: product definition, system design, detailed design, chip fabrication, packaging and testing, and integration and testing. In recent years, Vietnam has gradually participated in five of these stages; however, chip fabrication—the most complex and critical stage—has not yet been possible domestically. Building a semiconductor chip fabrication plant will help complete and close the entire semiconductor chip production process in Vietnam.
Speaking at the groundbreaking ceremony, Prime Minister of Vietnam Pham Minh Chinh emphasized: "The groundbreaking of Vietnam's first high-tech semiconductor chip fabrication plant is an event of particularly important significance. This is a step toward realizing the national semiconductor industry development strategy, creating a foundation for Vietnam to gradually participate more deeply in the global value chain, based on science, technology, and innovation."
According to the Prime Minister, the plant's presence will contribute to completing the domestic semiconductor ecosystem, enabling chip design companies, technology start-ups, and research institutions to shorten testing cycles, quickly finalize products, and bring technology into practical applications.
The plant is also expected to become a hands-on training center for the semiconductor workforce, linking training with a real production environment. Through this, Vietnam aims to train 50,000 chip design engineers under the Semiconductor Industry Human Resources Development Program through 2030, toward a scale of more than 100,000 people in Vietnam's semiconductor industry under the National Semiconductor Strategy through 2040.
For Viettel, being assigned to lead the implementation of the semiconductor chip fabrication plant continues the Group's core technology development strategy, which it has persistently pursued for many years. Viettel has proactively prepared human resources through in-depth training, international cooperation, and technology transfer, while also accumulating experience from research, design, and the application of chips in technology systems and products.
Lieutenant General Tao Duc Thang, Chairman and CEO of Viettel Group, affirmed: "Immediately after today's groundbreaking ceremony, the Group will begin implementing the project, with the set objective that by the end of 2027 we will complete the construction, receive technology transfer, and begin pilot production. The period from 2028 to 2030 will focus on finalizing and optimizing processes and improving line efficiency in accordance with industry standards, thereby serving as a basis for researching chip fabrication technology at more advanced process nodes."
The project will be implemented during 2026–2030, with a roadmap from plant construction and technology transfer to process completion and improved operational efficiency. In the long term, the Hoa Lac plant is planned to be expandable in scale, providing a foundation for Vietnam to gradually access more advanced semiconductor technologies.
The groundbreaking of the high-tech semiconductor chip fabrication plant marks an important milestone in Vietnam's journey to build technological capability, contributing to realizing the goal of "Technological self-reliance, Sustainable Future."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Viettel Breaks Ground on Vietnam's First Semiconductor Chip Fabrication Plant
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MELBOURNE, Australia, Jan. 17, 2026 /PRNewswire/ -- Panduit, a global leader in electrical and network infrastructure solutions, today announced the promotion of Holly Garcia to Chief Commercial Officer. In this role, Garcia will lead the company's global commercial strategy, focusing on the company's commitment to innovation and delivering a best-in-class experience for customers. Garcia will report directly to Panduit President, Marc Naese.
"Holly has the vision and expertise to position our company for continued growth and success while deepening our customer relationships," said Naese. "Holly's leadership as Chief Commercial Officer will be instrumental in strengthening the customer experience and delivering the value our markets expect."
In her most recent role as Vice President of Panduit's Data Center business unit, Garcia spearheaded global growth and innovation initiatives. She led the development of business strategy and directed new product introductions to strengthen Panduit's position in the rapidly evolving data center market. With more than 25 years of experience in sales, marketing, and business unit leadership, Garcia brings a proven track record of driving commercial success and transformative growth.
"I'm honored to take on the role of Chief Commercial Officer and excited to lead our commercial strategy during this time of growth," explained Garcia. "Our team's commitment to innovation and customer success has positioned us as a trusted partner globally, and I look forward to driving even greater value for our customers and stakeholders."
About Panduit
Panduit is a leading global manufacturer of high-quality electrical and network infrastructure and connectivity solutions. Operating from our headquarters in Tinley Park, Ill., USA, and across 112 worldwide locations, we drive innovation through strategic R&D investments and breakthrough product development while providing seamless global support and service. Since 1955, our commitment to our customers and partners has remained constant. And together, with them, we create exceptional solutions that support their businesses in a way that's good for them and good for the world. Panduit is making the connections that matter. For more information, visit www.panduit.com.
Media Contact:
Dawn Leach
Manager, Global Brand
Panduit Corp.
708-532-1800 x81316
dawn.leach@panduit.com
MELBOURNE, Australia, Jan. 17, 2026 /PRNewswire/ -- Panduit, a global leader in electrical and network infrastructure solutions, today announced the promotion of Holly Garcia to Chief Commercial Officer. In this role, Garcia will lead the company's global commercial strategy, focusing on the company's commitment to innovation and delivering a best-in-class experience for customers. Garcia will report directly to Panduit President, Marc Naese.
"Holly has the vision and expertise to position our company for continued growth and success while deepening our customer relationships," said Naese. "Holly's leadership as Chief Commercial Officer will be instrumental in strengthening the customer experience and delivering the value our markets expect."
In her most recent role as Vice President of Panduit's Data Center business unit, Garcia spearheaded global growth and innovation initiatives. She led the development of business strategy and directed new product introductions to strengthen Panduit's position in the rapidly evolving data center market. With more than 25 years of experience in sales, marketing, and business unit leadership, Garcia brings a proven track record of driving commercial success and transformative growth.
"I'm honored to take on the role of Chief Commercial Officer and excited to lead our commercial strategy during this time of growth," explained Garcia. "Our team's commitment to innovation and customer success has positioned us as a trusted partner globally, and I look forward to driving even greater value for our customers and stakeholders."
About Panduit
Panduit is a leading global manufacturer of high-quality electrical and network infrastructure and connectivity solutions. Operating from our headquarters in Tinley Park, Ill., USA, and across 112 worldwide locations, we drive innovation through strategic R&D investments and breakthrough product development while providing seamless global support and service. Since 1955, our commitment to our customers and partners has remained constant. And together, with them, we create exceptional solutions that support their businesses in a way that's good for them and good for the world. Panduit is making the connections that matter. For more information, visit www.panduit.com.
Media Contact:
Dawn Leach
Manager, Global Brand
Panduit Corp.
708-532-1800 x81316
dawn.leach@panduit.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Panduit Strengthens Commitment to Customer Excellence with Appointment of Holly Garcia to Chief Commercial Officer
