Vietnam Economic Forum 2019: Strategy needed for AI development
Experts and business representatives all stressed the need for a strategy for the development of Artificial Intelligence (AI) in Vietnam at a thematic workshop held in the framework of the 2019 Vietnam Economic Forum in Hanoi on January 17.
Hanoi (VNA) – Expertsand business representatives all stressed the need for a strategy for thedevelopment of Artificial Intelligence (AI) in Vietnam at a thematic workshopheld in the framework of the 2019 Vietnam Economic Forum in Hanoi on January17.
Deputy Minister of Science andTechnology Bui The Duy said such a strategy needs to define Vietnam’s targetsand measures to realise those targets, based on an accurate assessment of thesize of the domestic AI market.
He noted that there has not yetbeen any official survey on the size of the AI market in Vietnam, and availablereports on the world and regional AI markets contain no information on thecountry. At the same time, AI has not been included in the investment lists ofmany Vietnamese companies, and if it did, the investment is insignificant.
According to the DeputyMinister, this means the AI market in Vietnam is small and businesses’ commitmentto the market is not obvious. However, this is also an opportunity for thosewho want to engage in this field.
Deputy Minister Duy said in sucha situation, the State, with both roles as the largest consumer and the leaderof the economy, should become the strategic investor in core AI elements. Thefirst task is to build the national AI strategy and policies to stimulate thismarket.
Participants at the workshopshared experience in starting business in the field of AI and in how to ridethe wave of AI, grasp opportunities and deal with challenges in building thefoundation for technology sharing.
The Vietnam Economic Forum 2019is jointly organized by the Government and the Party Central Committee’sEconomic Commission on January 16 and 17 in Hanoi.-VNA
The Vietnam CEO Summit 2018 opened in Hanoi on July 25, drawing more than 400 delegates from leading firms in Vietnam, as well as economic, financial, and artificial intelligence (AI) technology experts.
Vietnam has seen remarkable development in artificial intelligence (AI) and the country needs to take full advantage of AI for its development, said Deputy Minister of Science and Technology Bui The Duy.
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The Authority of Information Security under the Ministry of Information and Communications, has forecast five major trends in network safety and security to watch in 2019.
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ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
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Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
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The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
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The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
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Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.