Mayor Sangil Lee: "Yongin, the World's Largest Semiconductor City, Expands Cooperation with Vietnam's FPT"

Mayor Sangil Lee Visits FPT High-Tech and Semiconductor R&D Center in Vietnam
Requests Consul General's Support to Expand Yongin-Da Nang Exchanges
Inspects FPT Software and Semiconductor Facilities and Reviews Semiconductor and AI Industry Ecosystem
"City to Support FPT's Investment in Testing and Packaging to Enable Cooperation with Yongin Semiconductor Companies"

Mayor Sangil Lee of Yongin Special City visited the semiconductor research and development (R&D) site of FPT Group, Vietnam's largest information and communication technology (ICT) company, to explore ways to expand cooperation with Yongin-based semiconductor companies.

Lee Sang-il, Mayor (center), Jang Jungsoon, Chairperson of the City Council (second from right), Shin Nayeon, Chairperson of the City Council’s Autonomy and Administration Committee (first from right), and Kang Youngwoong, City Council Member (first from left), visited FPT Semiconductor located at Danang Second Software Park on the 5th and took a commemorative photo with Nguyen Cao Thanh, FPT Semiconductor Field Manager. Courtesy of Yongin City

According to Yongin City on the 6th, Mayor Lee visited the 'FPT High-Tech and Semiconductor R&D Center' located in Da Nang 2nd Software Park, Vietnam, on the 5th (local time).

FPT Group established FPT Semiconductor, a fabless company specializing in semiconductor design, in 2022, and launched a research institute last March at the 2nd Software Park, a high-tech industrial complex in Da Nang. The FPT High-Tech and Semiconductor R&D Center is a laboratory of FPT Group, which is Vietnam's largest ICT company.

On this day, Mayor Lee, together with City Council Chair Jeongsun Jang, Chair of the City Council Autonomous Administration Committee Nayeon Shin, and City Council Member Youngwoong Kang, met with officials from FPT Semiconductor and listened to an explanation of their investment and nurturing strategies in semiconductor and artificial intelligence (AI).

Mayor Lee also visited the Da Nang Semiconductor & AI Center (DSAC), which operates under Vietnam’s Ministry of Science and Technology, to review the country’s high-tech industry development strategy. He toured the FPT Software Complex, where about 7,000 employees work, and observed FPT’s ICT technology and business infrastructure. In this area, FPT also operates four employee apartment buildings, as well as elementary, middle, high schools, and a university.

Mayor Lee emphasized the potential for cooperation between Yongin—which is home to one of the world's largest semiconductor industry ecosystems—and FPT Group.

Mayor Lee stated, "I understand that FPT Group is not only the largest and fastest-growing company in Vietnam's ICT sector but is also actively seeking cooperation with Korean companies. Yongin is home to Samsung Electronics' Giheung Campus, which was the first to produce semiconductors in Korea 43 years ago. Yongin will eventually house a total of 10 semiconductor fabs—six Samsung Electronics fabs and four SK hynix fabs—and many materials, parts, and equipment companies are setting up operations here. I foresee more opportunities for FPT Group to collaborate with Yongin-based businesses."

Mayor Lee Sangil (center) and the delegation from Yongin City are taking a commemorative photo after inspecting the facilities at FPT Software on the 5th. Provided by Yongin City

In particular, he proposed specific possibilities for cooperation in the backend processing sector. Mayor Lee added, "I understand that FPT plans to invest heavily in semiconductor chip testing and packaging. If FPT wishes to cooperate with semiconductor-related companies in Yongin, the city will actively support such cooperation."

This is not the first point of contact between FPT and Yongin. In March of last year, Nguyen Van Khoa, CEO of FPT Group, and 10 executives visited Yongin City Hall to discuss collaboration with local Yongin companies with then Deputy Mayor Kwangyoul Ryu and others.

On the previous day, the 4th, Mayor Lee also met with Consul General Jungil Han at the Consulate General of the Republic of Korea in Da Nang to discuss expanding exchanges between Yongin and Da Nang.

The meeting was attended by representatives from Yongin City and the City Council, Senior Consul Jungtaek Oh, Consul Hyewon Yoon, and Jo Jooyeon, head of the Da Nang Trade Center of the Korea Trade-Investment Promotion Agency (KOTRA). Mayor Lee requested the Consul General's support and attention so that the two cities can achieve meaningful outcomes from their cooperation.

Mayor Lee noted, "Yongin Special City previously supported the construction of the Quang Phu Yongin Public Digital Library in Tam Ky City, Quang Nam Province, as an official development assistance (ODA) project. Following Vietnam's administrative reorganization last year, Quang Nam Province was incorporated into Da Nang, and in January, Yongin signed a friendship agreement with Da Nang to continue the relationship."

He then requested, "Since Da Nang is a key hub city in central Vietnam, I hope the Consulate General will provide significant support in strengthening cooperation and exchange between Yongin Special City and Da Nang."

On the 5th, Mayor Sang-il Lee (third from right), City Council Chair Jeongsun Jang (fourth from left), Chair of the City Council's Autonomy and Administration Committee Nayeon Shin (second from right), and City Council Member Youngwoong Kang (second from left) visited FPT Information Systems located in Da Nang's Second Software Park and took a commemorative photo with FPT Group officials, including Nguyen Cao Thanh, Semiconductor Site Manager at FPT (fourth from right). Provided by Yongin City.

Consul General Han responded, "As Da Nang is currently very interested in attracting businesses, there should be ample opportunities for exchange with Yongin Special City. I will actively serve as a bridge to ensure vibrant interaction between the two cities."

This content was produced with the assistance of AI translation services.