February 27, 2021

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Vietnam’s AI development strategies

A press statement released by the Ministry of Information and Communications said that artificial intelligence (AI) is developing rapidly and gradually affirming that it is a pillar and breakthrough technology in the fourth industrial revolution. Technological powers have long built their own AI development strategies, taking this technology as the core for accelerating economic development.

Over the last few years, more organisations have started developing and applying AI in various fields. Including education, telecommunications, retail, healthcare, and others, which have not only gradually dominated the market but also earned huge profits.

Currently, AI is the focus of the global technology circle and governments around the world. Many countries have spent billions of US dollars on AI development strategies with the ambition to be the frontrunners of AI.

Vietnam is not outside this development trend either. In recent years, Vietnam’s AI industry has made visible strides with increasing AI content in various products, the release noted.

Large domestic technology corporations are interested in investing in and building AI sources in addition to implementing AI projects. Many domestic companies as well as innovative start-ups, also tend to invest in AI and carry out many new applications in new business models.

However, like many countries that prioritise AI investment, Vietnam lacks large databases, infrastructure, resources, and a solid foundation from AI businesses.

International technology corporations and the world’s leading AI companies have opened branches in Vietnam to take advantage of well-trained resources to make products for their markets.

These activities have attracted a significant force from Vietnam’s fledgling human resources in this field. Meanwhile, the training of human resources in the AI area in Vietnam remains weak, in addition to having only a small number of people who can provide training in AI technology. Therefore, it is necessary for Vietnam to take suitable steps in training human resources to develop AI.

Notably, there are quite a lot of Vietnamese people who are conducting AI research and applications abroad, including excellent AI experts in developed countries. Thus, it is necessary to connect with them and build policies to encourage them to contribute to the country.

Opinions raised at recent domestic and international AI conferences have shown that Vietnam has a lower starting point compared to many countries, if Vietnam follows the trend of AI development like developed countries with solid AI resources, it will be difficult for the country to keep up with them.

The focus on solving small and specific problems in real life is a trend that has been recognised and selected by AI companies. But they are still small and separate units that have not found a common voice in forming a shared platform and data sources on technologies to serve the AI ecosystem.

Therefore, Vietnam must have its own direction for the AI industry. The state plans to develop preferential policies to train and develop talent in the high technology area. Also, it will connect AI communities, which have formed spontaneously, to boost the sharing of data, research, and applications towards building a strong AI platform.

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