Infineon Strengthens Partnership with SIHUB to Boost Vietnam’s Startup Ecosystem

Infineon Technologies AG, a global leader in semiconductor solutions, has signed a Memorandum of Understanding (MoU) with the Saigon Innovation Hub (SIHUB) in Ho Chi Minh City. This strategic collaboration is designed to accelerate innovation in mobility, energy, and the Internet of Things (IoT), while reinforcing Vietnam’s growing reputation as a dynamic startup hub.

Vietnam’s government has been actively promoting entrepreneurship and innovation, leading to a sharp rise in local startups, particularly in the fields of technology and sustainable solutions. The new partnership aligns closely with national priorities to strengthen innovation capabilities, nurture domestic enterprises, and enhance Vietnam’s role in global competition.

Francis Foo, Head of Marketing for Asia Pacific within Infineon’s Industrial & Infrastructure (I2) and Consumer, Computing & Communication (C3) divisions, commented: “This collaboration marks a significant step in our commitment to foster open innovation and support the next generation of Vietnamese entrepreneurs. By combining Infineon’s semiconductor expertise with SIHUB’s local insights and ecosystem, we aim to empower startups to drive sustainable technology advancements and tackle both local and global challenges.”

Dang Thi Luan, Acting Director of SIHUB, added: “SIHUB’s mission is to connect global resources with local talent, helping Vietnamese startups thrive in today’s fast-changing innovation landscape. Partnering with Infineon is a milestone, as it brings world-class semiconductor expertise to Vietnam while opening new opportunities for entrepreneurs in mobility, energy, and IoT. Together, we can accelerate the growth of Vietnam’s startup ecosystem, cultivate sustainable solutions, and position Ho Chi Minh City as a vibrant regional innovation hub.”

The MoU sets out a framework for cooperation focused on sharing expertise, resources, and best practices to support promising Vietnamese startups. Both parties will work together to identify and nurture enterprises aligned with the government’s innovation agenda, particularly those advancing digital transformation and smart manufacturing.