AI Technology in Vietnam: Breakthroughs in the Digital Era and a New Engine of Growth

This article takes an in depth look at the overall landscape of AI technology in Vietnam, from its current state, potential, and challenges, to the role of pioneering enterprises such as Easy AI in driving the development of this field.

1. The Current State of AI Technology Development in Vietnam: Notable Progress

In recent years, AI technology in Vietnam has made notable progress, reflected across multiple dimensions:

Government policies and investment: The Vietnamese government has clearly recognized the importance of AI and has issued various policies to encourage the development of AI technology in Vietnam. National programs for AI research and development, along with increased investment in technology infrastructure, have created strong momentum for the growth of this field.

The rise of the AI research and development community: The number of AI researchers, engineers, and specialists in Vietnam continues to grow. Universities and research institutes have expanded AI related training programs while strengthening scientific research activities in the field of AI technology in Vietnam.

AI applications across multiple economic sectors: AI technology in Vietnam has begun to be widely applied across many key economic sectors, including:

• Agriculture: AI applications in smart farming management, weather forecasting, pest and disease prediction, and optimization of production processes.

• Healthcare: AI applications in medical imaging diagnostics, treatment support, and smart hospital management.

• Transportation: AI applications in intelligent transportation systems, traffic flow management, and autonomous vehicles.

• E commerce and retail: AI applications in personalized shopping experiences, customer support chatbots, and supply chain optimization.

• Manufacturing: AI applications in production automation, quality control, and predictive equipment maintenance.

• Finance and banking: AI applications in fraud detection, credit risk assessment, and personalized financial services.

The growth of AI enterprises: The number of startups and technology companies focused on AI technology in Vietnam is steadily increasing. These enterprises are contributing to the research, development, and application of AI across various sectors, helping to build a dynamic and growing AI ecosystem.

2. The Development Potential of AI Technology in Vietnam: Competitive Advantages for Breakthrough Growth

Vietnam possesses significant potential and advantages to strongly develop AI technology in the future, including:

• A young and tech savvy population: Vietnam has a young, dynamic population with high internet and smartphone penetration rates, creating favorable conditions for the adoption and application of AI technology in Vietnam.
• An abundant information technology workforce: Vietnam has a large and rapidly growing information technology (IT) workforce. The increasing number of graduates in IT and engineering fields provides a strong talent pipeline for the AI technology sector in Vietnam.
• Competitive labor costs: Compared to many developed countries, IT labor costs in Vietnam remain competitive, giving the country an advantage in attracting foreign investment in AI research and development.
• Strong government support: The Vietnamese government has demonstrated strong commitment to promoting AI technology development through incentive policies, support programs, and public investment.
• A high potential domestic market: Vietnam’s domestic market, with a population of nearly 100 million and a fast growing economy, represents significant potential for AI based products and services.

3. Challenges in Developing AI Technology in Vietnam: Overcoming Barriers to Scale

Alongside its potential, AI technology in Vietnam also faces several challenges that must be addressed:

• Shortage of high quality AI talent: Despite having a large IT workforce, the number of highly skilled AI experts with strong technical expertise and practical experience remains limited. Training and attracting AI talent is a major challenge for the development of AI technology in Vietnam.
• Insufficient data and computing infrastructure: AI development requires large scale, high quality data and powerful computing infrastructure. Vietnam’s current infrastructure is still evolving and requires greater investment to meet the demands of AI technology.
• Incomplete legal and regulatory framework: The legal and regulatory framework for AI in Vietnam is still in its formative stage and needs further development to create a supportive environment for AI innovation and deployment, while ensuring ethical standards, safety, and data privacy.
• Limited investment capital: Compared to developed countries, investment funding for AI research and development in Vietnam remains limited. Attracting private and foreign investment into the AI sector is therefore critical.
• Low awareness and adoption of AI among enterprises: Awareness and adoption of AI within Vietnamese enterprises, particularly small and medium sized enterprises (SMEs), remain relatively low. Greater efforts are needed in education, awareness building, and enterprise support to accelerate AI adoption.

4. Easy AI: A Contributing Enterprise within Vietnam’s AI Technology Ecosystem

Within Vietnam’s rapidly developing AI technology ecosystem, Easy AI has emerged as an enterprise actively contributing to the growth of this field. With a dedicated and experienced team of experts, Easy AI focuses on researching, developing, and delivering AI technology solutions in Vietnam across various application domains.

Easy AI is committed to providing advanced, effective AI technology solutions that are aligned with the needs of the Vietnamese market. The company strives to enhance the competitiveness of Vietnamese businesses through AI adoption, while also contributing to the overall development of AI technology in Vietnam.

5. The Future of AI Technology in Vietnam: Toward a New Regional AI Hub

With its existing potential and advantages, along with strong commitment from the government, research community, and enterprises, the future of AI technology in Vietnam is highly promising. Vietnam has significant opportunities to become a new AI hub in Southeast Asia and to gain international standing in this field.

To achieve this goal, Vietnam needs to continue to:

• Invest strongly in AI education and talent development: Build high quality AI training programs, attract domestic and international talent, and enhance AI skills within the existing workforce.
• Develop data and computing infrastructure: Invest in national data infrastructure, encourage the development of data centers and cloud computing, and facilitate access to infrastructure for AI enterprises and researchers.
• Complete the legal and regulatory framework for AI: Establish clear, transparent, and flexible legal and regulatory frameworks to manage and promote AI technology development in Vietnam, while ensuring ethics, safety, and data privacy.
• Promote international cooperation: Strengthen international collaboration in AI with leading countries and global organizations to exchange expertise, technology, and attract investment.
• Encourage AI adoption across all sectors: Create a supportive environment and incentives for enterprises across all industries to adopt AI technology in Vietnam in order to improve productivity, efficiency, and competitiveness.

AI technology in Vietnam is facing a historic opportunity to break through and emerge as a key pillar of the national economy. With the joint efforts of the government, businesses, the research community, and society as a whole, AI technology in Vietnam is expected to deliver positive transformations and make significant contributions to the country’s sustainable prosperity in the digital era. Enterprises such as Easy AI will play an important role in realizing this potential and driving the sustainable development of AI technology in Vietnam.