# Technology sector development in Vietnam > Live situation record from CLSTR: https://clstr.news/situations/technology-sector-development-in-vietnam > Updated: 2026-09-26T01:26:28.000Z. Sources: 5. Developments: 2. Vietnam is experiencing a significant influx of foreign technology and manufacturing investment as global corporations restructure their supply chains. Major companies such as Google are reportedly looking to move production of devices like Pixel smartphones and smartwatches from China to Vietnam. Additionally, LG is seeking a $1 billion investment for semiconductor packaging, and Intel is increasing its committed investment from $1.5 billion to $4.1 billion. Strategic partnerships are also expanding, with Vietnamese leadership endorsing Qualcomm’s plans to establish the country as a global research and development center. These developments follow Vietnam’s official entry into the upper-middle-income country group. Despite this manufacturing growth, the domestic tech startup ecosystem faces challenges regarding capital and intellectual property. Many prominent Vietnamese startups are registering parent companies in Singapore to secure international capital. Experts indicate that to retain these high-value entities, Vietnam must implement legal reforms to address the lack of standardized international financial instruments and create mechanisms to value digital assets, such as source code and algorithms. ## Timeline ### 2026-09-26: Vietnam seeks legal reforms to retain tech startups Vietnamese tech startups are increasingly registering in Singapore to secure capital. Experts urge Vietnam to reform legal and financial frameworks to retain intellectual property and high-value companies. 2 sources. https://clstr.news/cluster/vietnam-seeks-legal-reforms-to-retain-tech-startups ### 2026-08-28: Vietnam attracts major tech investment from Google, LG, and Intel Vietnam is emerging as a major hub for tech manufacturing, with Google, LG, and Intel expanding or shifting production to the country as global supply chains restructure. 3 sources. https://clstr.news/cluster/vietnam-attracts-major-tech-investment-from-google-lg-and-intel --- Cite as: Technology sector development in Vietnam. CLSTR, https://clstr.news/situations/technology-sector-development-in-vietnam