February 25, 2024

We are creating some awesome events for you. Kindly bear with us.

Vietnam Accelerates Investment in Artificial Intelligence

Artificial intelligence (AI) has emerged at the forefront of technology development, and governments and private players are heavily investing in research and development (R&D) for new AI-driven products, services, and solutions. The Vietnamese government issued a national strategy on the research, development, and application of AI until 2030, aiming to gradually turn Vietnam into an innovation and AI hub in ASEAN and the world. The strategy targets to build ten prestigious AI trademarks in the region and develop three national big data and high-performance computing centres.

According to a report, domestic tech powers and innovative start-ups in Vietnam are also accelerating their investment in AI research and new applications in new business models. The leading information technology service company in Vietnam recently announced that it would spend VNĐ300 billion (US$13.16 million) on AI research and development over the next five years. The company has invested in related research and development since 2013. It formed a diverse ecosystem of products, solutions, and platforms to help businesses and organisations optimise their operations, improve their performance and deliver superior customer experience.

Other tech powers such as state-run organisations, Viettel and VNPT, VNG and Vingroup are also investing heavily in AI. To improve the R&D capacity of AI technology, Viettel and Vingroup has invested in supercomputer technologies to solve highly complex problems in mathematics while accelerating the development of AI technology. Vingroup has also boosted investment in technology and has applied AI technology in healthcare, smart automobiles, and self-driving cars.

An industry expert explained that over the years, AI has become an effective tool to solve societal challenges as well as create opportunities for Vietnamese businesses. If technology businesses do not keep up with rapidly changing technology, they run the risk of becoming obsolete in the future. The director of the Viettel Cyberspace Centre noted that along with investment in researching new technology trends around the world, Viettel would also invest in providing platforms and digital services with a strong social impact to provide more value to users. It would also bring AI more deeply into everyday life uses while helping national digital transformation.

Although global tech giants are ahead of Vietnamese tech companies in AI R&D, the participation of Vietnamese companies is a good sign, the report said. It has created a driving force for AI. Experts noted that the investment and development of AI technology by major corporations has attracted Vietnamese experts and AI engineers from all over the world, while seminars with the participation of foreign experts are organised regularly, forming a strong AI community in the country.

By 2030, Vietnam plans to set up 50 interconnected open databases in economic sectors in service of the effort. To achieve this, the country is fine-tuning legal documents, creating a legal framework regarding AI, and promoting international cooperation in the field. Further attention should be paid to human resources training and building a database that is synchronous with computing infrastructure. Since the COVID-19 pandemic broke out nearly two years ago, the application of AI in health care in Vietnam has become a bright spot in the world. AI has helped ease burdens on medical workers and anti-pandemic forces through tracing apps and epidemiological maps. According to the International Conference on Artificial Intelligence and Computational Intelligence 2020, Vietnam currently ranks 21st in the world in the field of AI.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend