However, behind these impressive figures lies a larger challenge: how to translate advantages in manufacturing, attracting investment, and assembly and testing into capabilities in design, technological development, and creating higher added value? Impressive growth A research report titled “From AI to EVs: How APAC Semiconductors Drive the Global Innovation Map,” published in October 2026 by FedEx in collaboration with Frost & Sullivan, shows that Vietnam’s semiconductor exports achieved a compound annual growth rate (CAGR) of 31.8% between 2006 and 2025. This is the highest growth rate among the eight economies studied, including South Korea, Taiwan (China), Malaysia, Singapore , Thailand,…