AI can help small businesses expand, improve productivity
The use of Artificial intelligence (AI) by small- and medium-sized enterprises could help them expand their business, the CEO of the Social Media Command Centre said at a recent seminar in Ho Chi Minh City.
Experts at a seminar at the Sai Gon Innovation Hub urged small- and medium-sized enterprises to use AI to expand their business scale and improve productivity (Photo: VNA)
HCM City (VNS/VNA) - The use of artificial intelligence (AI) by small- and medium-sized enterprises could helpthem expand their business, the CEO of the Social Media Command Centre said ata recent seminar in Ho Chi Minh City.
Speaking at the Saigon Innovation Hub, Le Cong Thanhsaid SMEs in Vietnam should first identify their weaknesses and strengths.
"They still lack sufficient human resources,databases and digital infrastructure, but, on the bright side, know theirbusiness processes well," he said.
Professor Ho Tu Bao, Director of the John vonNeumann Institute, said AI had developed dramatically in the last five yearsafter many decades of research.
Digital transformation is an essential step forenterprises to develop in the Industry 4.0 era, and that will include the useof AI.
SMEs in Vietnam must build digital infrastructureand employ at least one or two people who have knowledge on AI, Bao said.
The institute and several national universities inHCM City had launched an AI club with 40 to 60 teachers who would helpenterprises access new technologies, he said.
Huynh Kim Tuoc, CEO of the Sai Gon Innovation Hub,said many enterprises are still hesitating to apply AI due to price.
However, Tuoc said enterprises could buy AItechnologies at an affordable 1 million VND to 2 million VND per month.
The Sai Gon Innovation Hub organised the seminarwith Khoa Hoc & Phat Trien (Science and Development) newspaper.-VNS/VNA
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Experts at a seminar at the Sai Gon Innovation Hub urged small- and medium-sized enterprises to use AI to expand their business scale and improve productivity (Photo: VNA) 
