News & Events

In 2023, TMA Solutions continued its legacy of excellence in the IT software industry, demonstrating significant growth and innovation. This year was marked by the addition of new clients, the completion of cutting-edge infrastructure, and the launch of numerous innovative solutions across various sectors. As TMA Solutions looks back on these achievements, the company’s commitment to delivering high-quality services and pioneering advancements in technology has only strengthened its position in the industry. Expansion and Infrastructure Development One of the key highlights of 2023 for TMA Solutions was the successful expansion of its client base and infrastructure. The company welcomed 20 new clients, a testament to its growing reputation and ability to meet the diverse needs of businesses globally. This expansion was further supported by the completion of two state-of-the-art buildings within the TMA Innovation Park, adding 9,700 square meters of cutting-edge workspace. These new facilities are designed to foster creativity, collaboration, and technological innovation, providing an environment where TMA's talented engineers can continue to develop groundbreaking solutions. A Year of Technological Innovation TMA Solutions made significant strides in 2023, delivering 30 new solutions across a variety of sectors, including wireless, IoT, hardware, health tech, fintech, manufacturing, and logistics. These innovations highlight TMA’s ability to adapt and respond to the evolving needs of the market, ensuring that clients receive the most advanced and effective solutions available. Among the new solutions developed, several stand out for their impact and potential: 5G MEC Solutions and Network Slicing Applications: These technologies enhance the efficiency and reliability of network operations, particularly in environments where high-speed connectivity is critical. Smart Building and Video Connectivity with Wi-Fi HaLow: This solution addresses the growing demand for smart infrastructure, enabling advanced building management and security systems. Machine Predictive Maintenance: Leveraging AI and IoT, this solution helps manufacturers minimize downtime by predicting and preventing equipment failures before they occur. Remote Health Monitoring and Telemedicine Kiosks: In the health tech sector, TMA Solutions has made significant contributions with solutions that enhance patient care and accessibility, particularly in remote areas. No-Code Platforms for Business Workflow and Automation: TMA's development of no-code platforms reflects the growing trend towards simplifying software development, allowing businesses to customize and automate processes without extensive programming knowledge. Recognition and Awards TMA Solutions' dedication to innovation and excellence did not go unnoticed. In 2023, the company received several prestigious awards, further cementing its status as a leader in the industry. TMA was recognized as one of the Top 10 Software Companies, Top 10 Healthtech Companies, and Top 10 Smart City Solutions Companies. These accolades reflect TMA’s broad expertise and the significant impact its solutions have across multiple sectors. Scale and Technical Expertise A key factor in TMA Solutions’ success is its substantial technical capacity. With a team of over 4,000 software engineers, the company is equipped to handle large and complex projects that require deep technical knowledge and expertise. TMA’s engineers are proficient in a wide range of technologies, including Artificial Intelligence (AI), Internet of Things (IoT), Big Data, Cloud Computing, and Blockchain. This extensive technical capability allows TMA to deliver solutions that are not only innovative but also scalable and robust, meeting the high standards required by its clients. TMA Newsletter 2023 Commitment to Quality Quality is at the core of TMA Solutions' operations. The company is dedicated to providing services that meet the highest international standards, including CMMI Level 5, ISO 27001, and ISO 9001 certifications. These certifications are a testament to TMA's rigorous quality management processes and its commitment to delivering secure, reliable, and high-quality software solutions. By adhering to these standards, TMA ensures that its clients can trust in the safety, performance, and reliability of the solutions they receive. Conclusion As TMA Solutions reflects on its achievements in 2023, it is clear that the company is well-positioned to continue its trajectory of growth and innovation. The expansion of its client base, the development of new infrastructure, and the introduction of advanced technological solutions have all contributed to a year of significant progress. With a strong foundation of technical expertise, a commitment to quality, and a clear vision for the future, TMA Solutions is set to continue leading the way in the IT software industry, delivering value to clients and making a lasting impact on the technology landscape.

In 2023, Vietnam has emerged as a focal point for significant investments from global technology giants. This surge in interest is primarily driven by the country’s growing prominence in the semiconductor industry, which is vital for numerous high-tech applications worldwide. This article explores the factors contributing to Vietnam's rise as a key player in the tech sector, the specific investments being made, and the potential challenges faced by foreign direct investment (FDI) in the country. Vietnam's Rising Importance in Semiconductor Production The semiconductor industry is at the heart of modern technology, powering everything from smartphones to advanced computing systems. Vietnam is positioning itself as a major player in this industry, with substantial investments being made by leading technology companies. In 2023, the global interest in Vietnam's semiconductor sector has intensified. The country is poised to become a significant producer of essential semiconductor devices, which are crucial for various high-tech applications. This development aligns with the broader trend of increased FDI in Vietnam, reflecting confidence in the country’s capacity to become a key hub for semiconductor manufacturing. Key Investments by Global Tech Giants Several prominent technology companies are making substantial investments in Vietnam, signaling the country’s growing importance in the global tech landscape. Intel's Investment Intel, a leading semiconductor manufacturer, has committed $1.2 billion to establish a new semiconductor chip production facility in Ho Chi Minh City. This investment marks Intel’s third global manufacturing site, with existing facilities in Scotland and Israel. The Ho Chi Minh City plant is expected to play a crucial role in meeting the projected demand for semiconductor chips, with Intel aiming to supply 20% of the world’s semiconductor chips by 2030. Samsung and LG's Contributions In addition to Intel, other major technology companies are also investing heavily in Vietnam. Samsung has announced a $1.5 billion investment, while LG is contributing an additional $1 billion. These investments highlight the increasing importance of Vietnam as a strategic location for technology manufacturing. Japanese Investment in Manufacturing Furthermore, a Japanese company has received a license from the Industrial Zone Management Board in Hanoi to produce components for Boeing, ship components, and Shinkansen parts. This investment not only underscores the diverse range of manufacturing activities in Vietnam but also indicates the country’s potential to support advanced manufacturing sectors. The Role of FDI in Vietnam’s Tech Industry The influx of FDI into Vietnam is a testament to the country’s growing appeal as a manufacturing hub. Prof. Nguyen Mai, Chairman of Vietnam’s Association of Foreign Investment Enterprises, has highlighted the positive trends in FDI, particularly noting the high-quality investments from leading global technology firms. This optimism is expected to continue into 2023, with Vietnam increasingly being recognized as a key player in the tech industry. Challenges and Considerations Despite the positive developments, there are challenges associated with foreign investments in Vietnam. One significant concern is transfer pricing, a practice where companies manipulate the prices of goods and services between their subsidiaries to shift profits and reduce tax liabilities. Recent data from the Ministry of Finance revealed that 55% of FDI enterprises reported losses in 2021, an increase from the previous year. This rise in reported losses has raised concerns about the potential impact of transfer pricing on the country’s economic stability. Moreover, external factors such as the COVID-19 pandemic and global political conflicts have posed challenges for businesses operating in Vietnam. These factors have contributed to a complex environment for foreign investors, requiring a nuanced analysis to differentiate between businesses facing genuine operational difficulties and those potentially engaging in financial practices like transfer pricing. Conclusion Vietnam’s rise as a hub for semiconductor production and technology manufacturing is a significant development in the global tech industry. The substantial investments by major technology companies, including Intel, Samsung, and LG, underscore the country’s growing importance in the tech sector. However, challenges such as transfer pricing and the impact of global uncertainties must be carefully managed to ensure sustained growth and stability in Vietnam’s investment landscape. As Vietnam continues to attract global investment and develop its tech infrastructure, it is poised to play an increasingly prominent role in the global semiconductor market. For business owners and investors, understanding these dynamics and navigating the associated challenges will be crucial in leveraging the opportunities presented by Vietnam’s burgeoning tech sector.

On November 28, 2023, a notable conference was held under the banner of the ATIS – TMA – QTSC Vietnam Business Mission. Organized by TMA Technology Group in partnership with QTSC and the Association of Telecommunications and Technology of Singapore (ATiS), this event marked a significant step towards fostering global tech collaboration. The conference brought together prominent associations and companies from Singapore, Shenzhen (China), Hong Kong, Taiwan, and Vietnam, aiming to explore collaborative opportunities and technological advancements. Keynote Insights and Technological Advancements The conference featured a range of distinguished speakers and topics. Mr. George Choo, Chairman of ATiS, offered valuable insights into the technology market in Singapore, providing a comprehensive overview of the landscape and opportunities available. His presentation highlighted Singapore's position as a leading tech hub and set the stage for discussions on potential collaborations. Mr. Henry Wang, a trailblazer in the Web 3.0 space and Founder of SmartMesh Technology and the World Web3 Alliance, gave an in-depth exploration of Web 3.0. Known for his pioneering work in the Web 3.0 concept, Mr. Wang discussed the current trends and future prospects of this emerging platform. His presentation underscored the potential for Vietnamese technology companies to engage in the development and expansion of Web 3.0, opening doors for innovative partnerships. TMA Technology Group’s Contributions TMA Technology Group, represented by Mr. Bui Van Cuong, Senior Director at TMA Fintech Center, made a significant impact during the conference. Mr. Cuong’s presentation focused on the latest trends in Fintech within Vietnam, including Digital Payment systems, Open Banking, and Embedded Finance. His insights provided a clear picture of Vietnam's evolving Fintech landscape and highlighted areas where international collaboration could be beneficial. In addition to the presentations, TMA Technology Group showcased our cutting-edge solutions in Healthcare, Smart Building, and Fintech. The showcase attracted considerable interest from the visiting delegations, emphasizing TMA’s capability to deliver innovative solutions across various sectors. Promoting Economic and Trade Cooperation The "ATIS – TMA – QTSC Vietnam Business Mission" aims to foster numerous collaboration opportunities between Vietnamese, Singaporean, and other Asian businesses. The mission's primary focus is on enhancing economic and trade cooperation, with particular emphasis on technology, financial services, and investments in agriculture and logistics. This collaborative approach is expected to drive forward technological advancements and business growth across the region. TMA Technology Group: Experience and Expertise TMA Technology Group's extensive experience and scale are noteworthy. With over 27 years in the software industry, TMA has established a robust reputation, serving clients in 30 countries. This longevity in the market underscores TMA’s reliability and deep expertise compared to newer entrants in the industry. The company boasts a team of over 4,000 software engineers, a significant asset that enables them to manage large and complex projects effectively. Their technical capabilities span a wide range of technologies, including Artificial Intelligence (AI), Internet of Things (IoT), Big Data, Cloud Computing, and Blockchain. This diverse expertise positions TMA as a leading player in the global tech landscape, capable of addressing complex challenges and driving innovation. Conclusion The ATIS – TMA – QTSC Vietnam Business Mission has proven to be a pivotal event for advancing global tech collaboration. Through insightful presentations and robust discussions, the conference highlighted the potential for synergistic partnerships among technology firms from various regions. TMA Technology Group’s significant contributions and demonstrated expertise further solidify the role as a key player in the tech industry. As the event wraps up, the promise of future collaborations and technological advancements offers exciting prospects for businesses across Asia and beyond. This conference not only showcased the current state of technological advancements but also set the stage for future collaborations that could redefine the tech landscape. For business owners and stakeholders in the industry, keeping abreast of these developments will be crucial in leveraging new opportunities and driving growth in the ever-evolving tech sector.

The head of the government suggested that Japan support Vietnam in advancing its digital transformation, green transition, and innovation; grow its high-tech and semiconductor industries; and support its biotechnology, pharmaceutical, and medical equipment sectors to support public health care.Tech Giants Converge in Hanoi for Strategic Talks Amid Biden's Vietnam VisitVietnam's Semiconductor Industry: A Global PlayerAccording to the Northeast nation's Minister of Economy, Trade, and Industry, Japan wants to work with Vietnam to survey, exploit, and process rare earth elements as well as to establish associated industries.During their Friday meeting in Hanoi, the two leaders of Japan and Vietnam discussed the suggestions. Japan's government departments would work with their Vietnamese counterparts through task forces to enhance collaboration, transfer of technology, and training of human resources.Vietnamese Prime Minister applauded the idea of task forces to expedite collaboration on certain projects and said that the Vietnamese government will establish advantageous circumstances to attract Japanese investment.In May, there were three projects totaling JPY61 billion (US$500 million) in official development assistance signed by Vietnam and Japan.Japan is the largest donor of Official Development Assistance to Vietnam, having given the nation loans totaling over $21.6 billion, non-refundable aid, and technical support since 1992.Source: Vietnam Government Portal

In October 2023, Vietnam celebrated National Digital Transformation Day with a series of events known as Digital Transformation Week. This month-long initiative spanned various provinces across the country, showcasing the latest advancements in technology and digital solutions. TMA Solutions, a leading player in the IT industry, actively participated in these events, demonstrating its commitment to innovation and technological advancement. TMA Solutions' Participation During Digital Transformation Week, TMA Solutions made significant contributions by presenting its cutting-edge solutions in three main areas: Digital Health, Smart Industrial Zones, and Smart Buildings. The company's involvement was marked by its active engagement in local exhibitions held in Dong Nai, Tay Ninh, and Quang Ngai. These events provided TMA Solutions with an opportunity to highlight its technological prowess and connect with a diverse audience. Showcasing Innovative Solutions Digital Health One of the key areas of focus for TMA Solutions is Digital Health. The company showcased its advanced solutions aimed at transforming healthcare through technology. These solutions include digital health platforms that enhance patient care, streamline healthcare processes, and improve overall health outcomes. TMA’s innovations in this sector are designed to address current challenges in healthcare, providing more efficient and effective solutions for both providers and patients. TMA attended the digital transformation week in Quang Ngai, Vietnam Smart Industrial Zones and Factories TMA Solutions also highlighted its contributions to developing Smart Industrial Zones and Factories. These solutions are designed to optimize industrial operations, increase productivity, and enhance efficiency through the integration of smart technologies. By implementing advanced analytics, automation, and IoT (Internet of Things), TMA’s solutions help businesses achieve greater operational excellence and maintain a competitive edge in the global market. TMA's booth attracts attendees at Tay Ninh Digital Transformation Week Smart Buildings and Residential Areas Another area of focus was Smart Buildings and Residential Areas. TMA Solutions demonstrated its expertise in creating intelligent building systems that enhance the quality of life for residents and improve energy efficiency. These solutions incorporate smart technologies to control various building systems, including lighting, heating, and security, providing a seamless and integrated living experience. Engaging with the Audience TMA present at Digital Transformation Week in Dong Nai, Vietnam Throughout Digital Transformation Week, TMA Solutions' representatives were actively involved in panel discussions and workshops. These sessions provided attendees with in-depth insights into the showcased solutions and their potential impact on various sectors. By sharing their expertise, TMA Solutions' team emphasized the transformative power of their technologies and engaged with visitors to address their queries and provide valuable information. Commitment to Quality TMA Solutions is renowned for its commitment to delivering high-quality services that adhere to international standards. The company’s focus on achieving certifications such as CMMI Level 5, ISO 27001, and ISO 9001 underscores its dedication to maintaining superior quality and reliability. These certifications enhance customer trust and differentiate TMA Solutions from competitors who may not have achieved similar accolades. Global Presence and Expertise In addition to its technological innovations, TMA Solutions boasts a strong global presence, with a significant footprint in markets across North America, Europe, and Asia. This international reach allows the company to gain valuable insights into diverse customer needs and deliver tailored software solutions that address varying requirements. TMA Solutions' global network enriches its understanding of industry trends and customer expectations, enabling it to provide solutions that are both effective and relevant. Conclusion TMA Solutions' participation in Digital Transformation Week highlighted its role as a leader in technological innovation. By showcasing its solutions in Digital Health, Smart Industrial Zones, and Smart Buildings, the company demonstrated its commitment to advancing technology and improving various sectors. TMA Solutions' emphasis on quality and its global presence further solidify its position as a trusted and forward-thinking partner in the IT industry. Through its active engagement in such events, TMA Solutions continues to drive progress and contribute to a more digitally connected and efficient future.

With the current political and economic climate, Vietnam has a lot of chances to grow its semiconductor chip sector and become a player in the global value chain. Experts agree that the most pressing issue now is the need for a plan to train workers to meet business needs and the absence of regulations to entice investors and talent in preparation for a market that might reach $1 trillion by 2030. The contemporary computer owes its very existence to semiconductor microchips. Chips and microcircuit systems are essential to functioning a wide variety of consumer electronics, including vehicles, phones, computers, TVs, aircraft, robots, medical equipment, and other electrical items found in the home. The semiconductor industry's "big guys" have entered a new market: Vietnam With its improved reputation and political stability, Vietnam is now in a better position to entice leading semiconductor technology companies from around the world. A facility in Bac Ninh province will manufacture, assemble, and test semiconductor materials and equipment, and Amkor Technology Group (Korea) is investing quickly in it so that trial production may start by the end of October. Yen Phong II-C Industrial Park is home to a state-of-the-art semiconductor factory project that will set a new record for Amkor's global footprint at an estimated 1.6 billion USD. Similarly, in 2023, Samsung conducted the first round of the GSAT (Global Samsung Aptitude Test) hiring test to assist with the R&D Center (Hanoi) operations and the factory's ambitions to manufacture transistor grids. Samsung Electro-Mechanics Vietnam (SEMV) is based out of Thai Nguyen. More than $2.6 billion is the capital of the project in issue. At the same time, Vietnamese operational firms are constantly broadening the reach and placement of their projects. For example, the Japanese conglomerate Meiko Group has recently contacted the provincial government of Hoa Binh with an offer to spend over $200 million USD in a factory on the left bank of Song Da Industrial Park that would manufacture a variety of electronic circuits. This consortium of electrical circuit board producers and assemblers made their initial investment in 2006 with a total of over 500 million USD. Currently, they have three factories that make and put together circuit boards for electrical devices. On the other hand, Intel spent more than a billion dollars in Vietnam, and their factory there is still quite important to the company's output. Importantly, reliable sources have revealed that this American semiconductor firm is considering seeking more capital in order to broaden the scope of its project at the SHTP in Ho Chi Minh City. Together, the investments of Qualcomm, Texas Instruments, NXP Semiconductors, SK Hynix, and Hayward Quartz Technology—among other multinational companies—in the Vietnamese semiconductor business create an ecosystem of more specialized chips. Along with the influx of foreign direct investment (FDI), Vietnam is seeing an increase in high-quality, value-added investment projects. Because of its ability to host chip testing, design engineer training, and the construction of facilities for the production of semiconductor materials and components, Vietnam is a popular destination for investors seeking to launch a semiconductor industry. The design stage is highly appreciated and considered vital in the semiconductor business; Vietnam is attracting large-scale investment in chip design. What makes Vietnam so appealing? The global chip, component, and semiconductor manufacturing sectors have been plagued by supply chain difficulties following the COVID-19 epidemic. Vietnam is one of several nations benefiting from the reorganization of production chains brought about by this climate; many of the world's top chip firms have set up shop in Vietnam. Infineon Technologies Asia-Pacific President and CEO Mr. CS Chua claims that Vietnam's young population and large population (almost 100 million) make the country a promising market, rising to prominence as a top destination for technical talent recruitment by international corporations. There are a number of benefits to entering the semiconductor industry in this economy of almost 100 million people, such as a large and young population and an increasing supply of skilled individuals in the electronics industry. Thanks to its low labor costs and strategic position in Southeast Asia, Vietnam provides a climate that is favorable to business. The Vietnamese government is enticing international investment and commerce while it adjusts the legal framework to match global standards. On the other hand, Vietnam is home to a vibrant group of local entrepreneurs who are both ambitious about the country's future and open to new ideas and experiences. Steps to join the multibillion-dollar industry Growing demand for semiconductor chip goods in many different sectors is driving rapid market expansion. These sectors include healthcare, AI, automobile production, electronics, and home appliances. The American Semiconductor Industry Association predicts that by 2030, the worldwide market for semiconductor chips will have grown to 1,000 billion USD. The projected sales amount is now approximately 600 billion USD. Thus, by entering the international semiconductor industry, Vietnam will have access to markets that might be worth billions of dollars. Because of the semiconductor industry's growing importance to the world economy, most developed countries have instituted policies to boost the industry while strengthening their links to other countries in an effort to become the industry leaders. Vietnam has risen to the ninth-highest position in the world for electronics exports. Due to the country's present strengths, big tech corporations plan to boost semiconductor component production in Vietnam, which could make it the world's leading chip design and manufacturing hub. According to experts, Vietnam's semiconductor industry has a great deal of untapped potential for growth and international participation. In order to achieve this goal, Vietnam must overcome many obstacles, such as creating a favorable environment for businesses, allocating funds for research and development, collaborating with international partners, and establishing a domestic supply chain. Hardware by TMA Creating the Path for Progress in the Semiconductor Sector When it comes to providing cutting-edge hardware integration solutions, TMA Hardware Lab is now at the forefront. This forward-thinking lab has developed, integrated, and tested hundreds of devices in the Internet of Things (IoT), telecommunications, healthcare, robotics, manufacturing, and smart city applications. Mastery of Technical Areas TMA Hardware Lab's backbone consists of over 200 embedded engineers with a combined depth of expertise. This expert team's dedication to accuracy and quality is evident in the flawless integration of more than 100 devices. Full Range of Services Design, testing, integration, and maintenance are just a few of the many services offered by TMA Hardware Lab. The team has a deep understanding of the significance of maintaining optimal hardware performance and provides customized solutions to address their client's unique requirements. The team's deep understanding of current technology allows them to provide comprehensive project management and top-tier hardware services. Various Technology The Hardware Lab's expertise includes a number of technologies, including chipsets from companies like ESP, Raspberry, NXP, STM, and PIC. They are experts in hardware design, using programs like Altium, Kicad, and OrCA. They are also experts in microcontroller units like ESP32, NXP32, STM32, and PIC32. They are experts in power electronics (including Boost, Flyback, and BLE topologies) and the Internet of Things (IoT), which includes LoRaWAN, WiFi-6, and Wi-Fi HaLow. Maximizing Efficiency through the Use of Hardware Their method relies heavily on hardware integration, which gives companies a bird' s-eye view of the whole production cycle. This method, which improves workflow efficiency and management, demonstrates TMA Hardware Lab's dedication to providing state-of-the-art solutions. The Hardware Lab at TMA Solutions is still a major player in this age of rapid technological development. It helps to pave the way for new innovations and determines the direction the semiconductor industry will take. When it comes to hardware innovation, no one does it better than TMA Hardware Lab, thanks to its outstanding team and relentless pursuit of perfection.