diff --git a/CHANGELOG.md b/CHANGELOG.md
index cac2fc64d..22fd6d1cb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,15 @@
 
 All notable changes to the "Espressif IDF" extension will be documented in this file.
 
+## 0.4.0
+
+### System View Tracing Viewer, Search IDF Documentation, etc.
+
+- Add System View Tracing [support]() inside vscode, which will enable you to easily view the timeline, events stream, etc., of of existing heap tracing (.svdat) file
+- Add support for Arduino as ESP32 Component
+- Add [support](https://github.com/espressif/vscode-esp-idf-extension#available-commands) for searching ESP-IDF documentation from vscode itself.
+- Fixed some bugs related to [debug adapter](https://github.com/espressif/vscode-esp-idf-extension/pull/134), [gui menuconfig](https://github.com/espressif/vscode-esp-idf-extension/pull/145), [task based commands](https://github.com/espressif/vscode-esp-idf-extension/pull/143), [enhance scss](https://github.com/espressif/vscode-esp-idf-extension/pull/137), etc.
+
 ## 0.3.0
 
 ### Heap Tracing, Code Coverage Support, Rainmaker Support and bug fixes
diff --git a/README.md b/README.md
index f71087fad..fa06be319 100644
--- a/README.md
+++ b/README.md
@@ -33,7 +33,6 @@ There are a few dependencies which needs to be downloaded and installed before y
 ## Coming Soon
 
 - Create new project wizard
-- Add System View UI
 - Support GDB Stub
 - Support Core Dump
 
diff --git a/package.json b/package.json
index 92c8df408..b9703e0ff 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
   "preview": true,
   "displayName": "Espressif IDF",
   "description": "Develop and debug applications for Espressif ESP32, ESP32-S2 chips with ESP-IDF",
-  "version": "0.3.0",
+  "version": "0.4.0",
   "license": "Apache-2.0",
   "publisher": "espressif",
   "icon": "media/espressif_icon.png",