Artificial intelligence development high on the agenda for Vietnam

Vietnam, arguably one of the most dynamic economies in today’s Southeast Asia, has set a focus on research on and development in artificial intelligence, with domestic technology companies and innovative start-ups accelerating their investment in a sector that many believe would shape the global digital economy in the future.

FPT Group, the leading information technology service company in Vietnam, recently announced that it would spend 300 billion dong ($13.2 million) on artificial intelligence research and development over the next five years.

Other tech giants such as Viettel, state-owned Vietnam Posts and Telecommunications, VNG Corporation and Vingroup are also investing heavily in research and development of the artificial intelligence sector in order to find new applications that would define new business models.

Supercomputers solving complex problems

To improve research and development capacity of artificial intelligence technology, Viettel and Vingroup have invested in supercomputer technologies which are solving highly complex problems in mathematics while generally accelerating the development of the technology.

Vingroup has also boosted investment in the sector and has already applied artificial intelligence technology in healthcare, smart automobiles and self-driving car solutions.

Experts say the investment and development of artificial intelligence technology by major corporations has attracted Vietnamese experts and engineers from all over the world to repatriate, while seminars with the participation of foreign experts are organised regularly, forming a strong artificial intelligence community in the country.

Vietnam ranks 21st in artificial intelligence development worldwide

According to the International Conference on Artificial Intelligence and Computational Intelligence organised by the Institute of Information Technology of the Vietnam Academy of Science and Technology, Vietnam currently ranks 21st in the world in the field of artificial intelligence in terms of investments to push the sector.

The Vietnamese government has issued a national strategy on the research, development and application of artificial intelligence until 2030 with a view to gradually turning Vietnam into an innovation and artificial intelligence hub in Southeast Asia and possibly the world.



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Vietnam, arguably one of the most dynamic economies in today’s Southeast Asia, has set a focus on research on and development in artificial intelligence, with domestic technology companies and innovative start-ups accelerating their investment in a sector that many believe would shape the global digital economy in the future. FPT Group, the leading information technology service company in Vietnam, recently announced that it would spend 300 billion dong ($13.2 million) on artificial intelligence research and development over the next five years. Other tech giants such as Viettel, state-owned Vietnam Posts and Telecommunications, VNG Corporation and Vingroup are also investing heavily...

Vietnam, arguably one of the most dynamic economies in today’s Southeast Asia, has set a focus on research on and development in artificial intelligence, with domestic technology companies and innovative start-ups accelerating their investment in a sector that many believe would shape the global digital economy in the future.

FPT Group, the leading information technology service company in Vietnam, recently announced that it would spend 300 billion dong ($13.2 million) on artificial intelligence research and development over the next five years.

Other tech giants such as Viettel, state-owned Vietnam Posts and Telecommunications, VNG Corporation and Vingroup are also investing heavily in research and development of the artificial intelligence sector in order to find new applications that would define new business models.

Supercomputers solving complex problems

To improve research and development capacity of artificial intelligence technology, Viettel and Vingroup have invested in supercomputer technologies which are solving highly complex problems in mathematics while generally accelerating the development of the technology.

Vingroup has also boosted investment in the sector and has already applied artificial intelligence technology in healthcare, smart automobiles and self-driving car solutions.

Experts say the investment and development of artificial intelligence technology by major corporations has attracted Vietnamese experts and engineers from all over the world to repatriate, while seminars with the participation of foreign experts are organised regularly, forming a strong artificial intelligence community in the country.

Vietnam ranks 21st in artificial intelligence development worldwide

According to the International Conference on Artificial Intelligence and Computational Intelligence organised by the Institute of Information Technology of the Vietnam Academy of Science and Technology, Vietnam currently ranks 21st in the world in the field of artificial intelligence in terms of investments to push the sector.

The Vietnamese government has issued a national strategy on the research, development and application of artificial intelligence until 2030 with a view to gradually turning Vietnam into an innovation and artificial intelligence hub in Southeast Asia and possibly the world.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Personal Info

Donation Total: $10.00

 

 

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