Global Capability Centers in Vietnam: List of 15 GCCs [2026]
By Eric Cheng, Head of International Business
17 min read
TL;DR: The largest global capability centers in Vietnam belong to Bosch (4,000+ staff), Samsung (about 2,500 engineers) and National Australia Bank (2,000+). Most of the rest design chips or build AI, for Marvell, Synopsys, Qualcomm, NVIDIA and Renesas. No consultancy publishes a count of GCCs in Vietnam, so we built the list below company by company.
Marvell had five engineers in Ho Chi Minh City in 2013. By September 2025 it had more than 500, and Vietnam was its third-largest R&D hub after the United States and India. Axon started in 2017 with an AI team of eight.
Its Ho Chi Minh City office is now the company's largest R&D site outside the US.
15 GCCs in Vietnam at a Glance
Center
Parent (HQ)
Cities
Opened
Published headcount
Bosch Global Software Technologies
Bosch (Germany)
HCMC, Hanoi
2010
4,000+ (Oct 2025)
Samsung R&D Center Vietnam
Samsung (South Korea)
Hanoi
2012
About 2,500 (May 2026)
NAB Innovation Centre Vietnam
NAB (Australia)
HCMC, Hanoi
2019
2,000+ (2026)
LG Electronics Development Vietnam
LG (South Korea)
Hanoi, Da Nang
2016
1,250+ (Jun 2026)
Marvell Vietnam
Marvell (US)
HCMC, Da Nang
2013
500+ (Sep 2025)
Synopsys Vietnam
Synopsys (US)
HCMC, Da Nang, Hanoi
2016
About 500 (Nov 2023)
Axon Vietnam
Axon (US)
HCMC
2017
About 400 (2025)
GoTymeX
Tyme Group (Singapore)
HCMC
2016
300+ (May 2023)
Qualcomm Vietnam R&D Center
Qualcomm (US)
Hanoi, HCMC
2025
Not published
NVIDIA Vietnam R&D Center
NVIDIA (US)
Hanoi, HCMC
2024
Not published
Renesas Design Vietnam
Renesas (Japan)
HCMC
2004
Not published since 2010
Toshiba Software Development Vietnam
Toshiba (Japan)
Hanoi, HCMC
2007
Not published
Infineon Hanoi development center
Infineon (Germany)
Hanoi
2023
Not published
Ampere Vietnam Design Center
Ampere, owned by SoftBank (US/Japan)
HCMC
Not published
Not published
Money Forward Vietnam
Money Forward (Japan)
HCMC, Hanoi
2019
Not published
What decides this market
1Seven of the 15 design or verify chips. Semiconductors, not back-office work, are what multinationals send to Vietnam.
2Software and chip design earn 10% profit tax for 15 years, but a group with EUR 750 million or more in revenue owes a top-up to 15%.
3Since March 2026 a foreign investor can register the company first and get the investment certificate within 12 months, reversing the old order.
4Only eight of the 15 publish a Vietnam headcount, and two of those figures date from 2023.
The 15 Global Capability Centers, One by One
A global capability center is an offshore unit a company owns and staffs with its own employees, rather than work it contracts to a vendor. The list runs from the largest published Vietnam headcount down, then the centers that publish none.
Bosch's Vietnam center held 81 patents by 2025, mostly in vehicle safety, driver assistance, self-driving and AI.
It was Bosch's first software center in Southeast Asia and marked 15 years in October 2025, according to VnExpress International.
The work spans mobility software, AIoT, SAP and enterprise IT for Bosch divisions worldwide. Vietnamese staff hold 81% of its leadership roles, with a target above 85% by 2026.
The center's innovation budget grew more than eightfold in three years, according to VnExpress.
It is still growing. JLL reported in March 2026 that Bosch took about 10,000 square meters at OfficeHaus in Ho Chi Minh City, the top four floors. Its Vietnam about page gives the same 4,000-plus headcount.
2. Samsung R&D Center Vietnam
Opened 2012HanoiAbout 2,500 engineers
Samsung built a 16-story, US$220 million R&D building in Hanoi and opened it in December 2022. The Korea Herald described it as Samsung's largest R&D center in Southeast Asia at the time.
The center started in 2012 as the Samsung Vietnam Mobile R&D Center, working on phones.
The mandate has widened since. In May 2026, Samsung Vietnam's general director Na Ki Hong put the team at about 2,500 Vietnamese engineers working on phones, laptops and 4G and 5G telecom equipment, VietnamNet reported.
At the same meeting, the government asked Samsung to help train Vietnam's AI and semiconductor workforce.
Be careful with Samsung figures. Samsung Vietnam's total workforce is mostly factory staff and runs far higher. The R&D center is the 2,500.
3. NAB Innovation Centre Vietnam
Opened 2019HCMC and Hanoi2,000+ staff
National Australia Bank is the only bank on this list, and its Vietnam center is one of the largest. It builds digital banking for NAB's customers in Australia and New Zealand, across AI, software engineering, security and data.
The center opened in Ho Chi Minh City in 2019 and added a Hanoi office in 2022, VnExpress reported. The Hanoi site started as a 2,500 square meter office at Capital Place.
JLL's March 2026 note has the center taking 8,500 square meters at The Hallmark in Ho Chi Minh City.
NAB grows its own pipeline. StarCamp is a 12-week technical bootcamp, and WeCamp runs the same idea for women. NAB says women hold 50% of the center's leadership roles and more than 30% of its technical roles.
4. LG Electronics Development Vietnam
Opened 2016Hanoi and Da Nang1,250+ software engineers
LG's Vietnam center writes the software for car dashboards: in-vehicle infotainment, telematics and instrument clusters.
Infotainment is more than half of LG's vehicle-components revenue, and LG says five of the ten "coding experts" it named in 2023 came from this team.
It opened in Hanoi in 2016 with about 30 staff and became a separate legal entity in 2023. The scope has spread from cars to webOS in 2022 and home-appliance software in 2024.
Vietnam Investment Review counted more than 1,250 engineers in June 2026, about 850 in Hanoi and 400 in Da Nang.
The growth curve is the typical GCC path. A small team proves itself on one product line, then inherits the next. LG went from 30 staff to 200 in its first three years, then past 1,100 by November 2024.
5. Marvell Vietnam
Opened 2013HCMC and Da Nang500+ engineers
Marvell's Vietnam engineers work on the chips inside AI data centers.
The company's September 2025 release names three products the team contributed to: the Alaska A 800G PAM4 DSP for active electrical cables, the Alaska P PCIe Gen6 retimer and the Nova 1.6 Tbps PAM4 DSP.
The team covers the full design flow: architecture, digital design, analog mixed-signal, verification, physical design and firmware. In late 2025 Marvell opened three offices, at eTown6 and UOA Tower in Ho Chi Minh City and ICT1 in Da Nang.
The Ho Chi Minh City site includes a lab for chip validation, so testing no longer has to ship abroad.
"We are very excited to build an extremely capable engineering team in Vietnam. They will be driving breakthroughs across some of our most complex and high-performance products that are shaping the future of AI data infrastructure."
Sandeep Bharathi, president of Marvell's Data Center Group, September 30, 2025
6. Synopsys Vietnam
First office 2016HCMC, Da Nang, HanoiAbout 400 in R&D
Synopsys sells the software other companies use to design chips, and Vietnamese engineers write part of that software. Its own November 2023 blog put the Vietnam team at about 500, of whom about 400 work in R&D on design tools and IP.
Ho Chi Minh City also hosts a global support team.
Synopsys had done business in Vietnam since 2005 before opening its first office in 2016. Hanoi was added in December 2024, The Investor reported, with hiring for embedded-memory layout and analog circuit design.
Synopsys has published no newer headcount, so treat 500 as a 2023 floor.
Synopsys also trains its own pipeline.
In 2023 it signed IC-design talent agreements with the National Innovation Center, Vietnam's ICT industry authority and the city of Da Nang, and it supplies its University Software Program to the innovation center's chip design lab.
7. Axon Vietnam
Opened 2017HCMCAbout 400 staff
Axon makes body cameras and Tasers for police forces. Its Ho Chi Minh City team works on the digital-evidence platform, AI report writing, live-streaming from body cameras, license-plate recognition and AI translation.
Axon's careers site lists the city as an "R+D Hub".
Axon puts the team at about 400, in a company-sponsored profile on Vietcetera. In that piece, CEO Rick Smith calls it "our most important engineering hub outside the U.S." Staff work on site Tuesday to Friday.
8. GoTymeX (Tyme Group)
Opened 2016HCMC300+ engineers (2023)
GoTymeX, formerly TymeX, builds the platforms behind two digital banks on other continents: TymeBank in South Africa and GoTyme Bank in the Philippines. Tyme runs no bank in Vietnam.
The center exists purely to build for markets on other continents.
Tyme's May 2023 release counted more than 300 engineers in Ho Chi Minh City. The GoTymeX careers site now counts 800 experts, but it does not say how many of them sit in Vietnam.
9. Qualcomm Vietnam R&D Center
AI center June 2025Hanoi and HCMCAims to be #3 for AI R&D
Qualcomm bought its way in. In April 2025 it acquired MovianAI, the generative-AI division of Vingroup's VinAI, and used that team as the base for an AI R&D center launched that June.
Qualcomm said Vietnam would become its third-largest AI R&D center in the world, after India and Ireland, The Investor reported.
The Hanoi R&D Center was formally opened on May 12, 2026, starting with AI and system-on-chip work and planning to add automotive and IoT, VnEconomy reported. Qualcomm has not published a headcount.
10. NVIDIA Vietnam R&D Center
Announced Dec 2024Hanoi and HCMCAbout 90% growth, 2025 to 2026
NVIDIA signed its agreement with the Vietnamese government on December 5, 2024, in Hanoi, with Jensen Huang and Prime Minister Pham Minh Chinh present.
The NVIDIA announcement paired the R&D center with the purchase of VinBrain, Vingroup's healthcare-AI company.
In June 2026, NVIDIA vice president Steven Truong said NVIDIA Vietnam grew about 130% from 2025 to 2026, and the R&D center about 90%, CafeF reported.
He said its engineers contribute to Speech AI and Metropolis and are helping build a Vietnamese-language model on NVIDIA's NeMo platform. He gave no headcount.
The local company, Nvidia Vietnam, raised its charter capital 11-fold to VND 28.2 billion in 2025, The Investor reported.
Put the 15 side by side and the pattern is plain: chips and AI dominate, and none of the centers is a finance or HR shared-services hub.
Opened Oct 2004HCMCVietnam's first chip design center
Renesas opened Vietnam's first semiconductor design center on October 5, 2004, in the Tan Thuan export processing zone. It is the oldest center on this list.
The team designs system-on-chip and system LSI parts for home appliances and cars, covering hardware, software, logic verification and evaluation.
The only headcount Renesas has published is from May 2010: about 500, which made it the company's largest design center outside Japan, according to a Renesas release.
It marked 20 years in October 2024 and was still posting engineering jobs in Ho Chi Minh City in 2026.
The same release shows how a chip design center is grown from scratch. Renesas Design Vietnam started with 30 employees and grew more than 16-fold in five years by hiring locally and training its own staff.
It taught semiconductor design courses at Vietnamese universities and co-sponsored an MCU car rally with Ho Chi Minh City University of Science.
12. Toshiba Software Development Vietnam
Opened April 2007Hanoi and HCMCServes 4 Toshiba divisions
TSDV is wholly owned by Toshiba and reports to its corporate technology planning division, not to a single business unit.
It writes embedded and domain software for four divisions: energy, infrastructure, electronic devices and storage, and digital. It also does LSI design and verification, according to its company overview.
Toshiba founded the center on April 23, 2007. The head office is in VIT Tower on Kim Ma street in Hanoi, with a second site in Ho Chi Minh City. Toshiba does not publish its size.
The chip work is the part most lists miss.
TSDV does LSI design and verification alongside its software, which puts a Japanese conglomerate's semiconductor work in Hanoi next to Samsung's and Qualcomm's. It also runs testing and research in advanced IT for the group.
13. Infineon Hanoi development center
Opened May 2023HanoiAutomotive microcontrollers
Infineon's Hanoi center verifies the microcontrollers that go into cars. It also tests and adapts analog, digital and integrated circuits for uses such as battery management and driver assistance.
It sits inside Infineon's design and enabling services unit, which supports chip customers with verification and test work rather than selling a product of its own.
It opened on May 31, 2023, with a plan for about 25 technical staff by the end of that year in an office with room for 80, The Investor reported.
Infineon's Vietnam careers page dates its presence in the country to 2019 and now lists R&D, finance and HR functions there. The Hanoi center is a reminder that a GCC can start with a couple of dozen engineers.
14. Ampere Computing Vietnam Design Center
HCMC, Tan Thuan EPZArm server CPUsSoftBank-owned since Nov 2025
Ampere designs Arm-based processors for cloud servers, and its Ho Chi Minh City center has hardware and software teams on those chips and the server software around them.
The center sits in the Tan Thuan export processing zone, the same zone as Renesas, per Ampere's location page.
Headcount figures of 1,000 or more that circulate online are company-wide, not Vietnam.
15. Money Forward Vietnam
Dev center 2019HCMC and HanoiEnglish as working language
Money Forward is a Tokyo-listed fintech, and its Vietnam team builds products for the Japanese market: its ERP suite, payroll software and banking tools. The working language is English, not Japanese.
That choice widens the hiring pool in Vietnam well beyond the engineers who speak Japanese.
The Vietnam subsidiary was set up in 2018 and the Ho Chi Minh City development center followed in 2019, with a Hanoi office in ROX Tower added in 2022, according to Money Forward Vietnam.
It is no longer the parent's only offshore hub: Money Forward opened a development center in Chennai, India, in January 2025.
Why These Centers Chose Vietnam
The short answer is engineers at a fraction of Singapore's cost. JLL estimates skilled labor in Ho Chi Minh City costs up to 70% less than equivalent talent in Singapore.
Sources: VietnamPlus (Dec 2025), Decision 1017/QD-TTg (Sep 2024), EF EPI 2025, National Statistics Office via VnEconomy (Jan 2026).
The chip cluster in the list above has a policy behind it. Decision 1017/QD-TTg of September 2024 sets a target of at least 50,000 university-trained semiconductor workers by 2030, 15,000 of them in design.
Against that, VietnamPlus counted about 7,000 IC design engineers in December 2025. In May 2026 the government asked Samsung to help train chip and AI engineers.
Engineering pay is the other half of the case. ITviec's 2025-2026 survey of 1,839 IT workers gives median monthly gross pay by level. Converted at 25,972 dong to the dollar, a senior back-end developer earns about US$1,540 a month.
The city matters as much as the country. Most centers on this list sit in Ho Chi Minh City, and Savills found IT occupiers took 37% of newly leased office space there in the first nine months of 2025.
Hanoi is cheaper for space and scores higher on English.
Hanoi
US$29.5 per sq m a month, Grade A office (CBRE, Q2 2026)
532 on EF's English index
Samsung, LG, Qualcomm, Toshiba, Infineon
Ho Chi Minh City
US$53.2 per sq m a month, Grade A office (Cushman & Wakefield, Q2 2026)
Most laws that touch a captive center changed between August 2025 and July 2026.
Aug 7, 2025
Decree 219/2025: one combined work permit file, a decision within 10 working days, and 2 years' experience for experts instead of 3
Oct 1, 2025
Corporate Income Tax Law 67/2025: 10% for 15 years for software and chip design, plus 4 years exempt and 9 years at half rate
Jan 1, 2026
Digital Technology Industry Law 71/2025 and Personal Data Protection Law 91/2025 take effect
Mar 1, 2026
Investment Law 143/2025 and the AI Law 134/2025 take effect
Jul 1, 2026
Cybersecurity Law 116/2025 replaces the 2018 law and keeps data localization
The tax break is the headline. Under the 2025 Corporate Income Tax Law, software production and semiconductor design qualify for a 10% rate for 15 years against the standard 20%.
The catch for large groups. Vietnam applies the 15% global minimum tax to groups with EUR 750 million or more in revenue, so most parents on this list pay a top-up above the 10% rate. The Investment Support Fund meant to offset it requires an R&D center to invest at least VND 3 trillion (about US$115 million), which most GCCs never reach.
Data is the other change a GCC has to plan for. The Personal Data Protection Law requires consent and a transfer impact assessment, filed within 60 days, before personal data leaves Vietnam, DFDL notes.
Fines for cross-border breaches reach 5% of the previous year's revenue.
How a GCC Gets Set Up in Vietnam
There are three routes. A wholly foreign-owned company is what every center on this list runs today. A build-operate-transfer deal has a partner hire and run the team, then hand it over.
An employer of record employs the first hires before any entity exists.
The entity route got faster in 2026. Under Decree 96/2026, a foreign investor can register the company first and has 12 months to obtain the investment registration certificate, Allen & Gledhill explains.
Before March 2026 the certificate came first, and the two steps took 30 to 45 working days in practice. There is no statutory minimum capital for a software company, though the authorities check the amount is enough for the plan.
A representative office cannot sign contracts or invoice, so it cannot run a center. Foreign managers need work permits, which now come from one combined file under Decree 219/2025.
Starting a Vietnam Team Before the Entity
Infineon started with about 25 people. Most companies weighing a Vietnam center are at that stage, and an entity is a heavy first step for ten or twenty engineers.
We employ engineers in Vietnam through our own Vietnam employer of record, so the team is yours from day one and moves into your entity once it exists.
A global capability center (GCC) is an offshore unit a multinational owns and staffs with its own employees to do work for the wider group, such as engineering, R&D or business services. It used to be called a captive center.
Nobody publishes a reliable count. Nasscom-Zinnov, Kearney, JLL and Savills all discuss GCCs in Vietnam, but none gives a total.
Market-research estimates that do give one tend to count outsourcing vendors such as FPT Software as GCCs, which they are not.
The Philippines, by contrast, has about 200 GCCs by IBPAP's count, as our list of GCCs in the Philippines sets out.
What is the difference between a GCC and an outsourcing company?
Ownership. A GCC's staff are employees of the parent's own Vietnamese subsidiary, and the work stays in-house. An outsourcing company employs the engineers and sells their time to many clients.
As the Head of International Business at Second Talent, Eric help companies build, manage, and scale their teams across Hong Kong, Southeast Asia, and Taiwan. He leverage my skills in business growth, business development strategy, and new business development to create and execute effective crossborder hiring, EOR and payroll solutions for clients in various industries, such as e-commerce, fintech, and edtech.