An investment certificate on chip design has been given to SkyeChip, a Malaysia-based leader in semiconductors, to develop a project in the central city of Da Nang.

A recent agreement reached between Vietnam and the US chipmaker Nvidia to establish an artificial intelligence (AI) research and development center in the country marks a significant step forward in Vietnam’s plans to turn itself into a regional tech hub, commented the current-affairs magazine The Diplomat in a recent article.

With its fast-growing tech industry and young, educated workforce, Vietnam is emerging as an innovation and technology hub in Southeast Asia, EETimes Asia has reported.