We find the vectorial solution of the optical waveguide with semicircular cross-section by expanding the electromagnetic fields of the waveguide into the series of trigonometric and Bessel funtions and by applying the boundary conditions at the finitely selected points on the interface of the core and the cladding. We find also the propagation constants and the energy distributions of the eigenmodes and discuss its properties. As a result of computation, we find that the electromagnetic fields of the even modes about the symmetric axis of the semircular shape are nearly the same as those of the odd modes except that E and H of the odd modes are replaced by -H and E and that the even and odd modes are degenerated as the ratio of refractive index of the core and cladding approaches to 1.