Vietnamese enterprises have the conditions to develop world-class AI

Artificial Intelligence (AI) technology has advanced at lightning speed over the past decade and has become the hot topic of many domestic and international seminars. But the question remains; how to boost thenbsp;development of AI companies in Việt Nam?

Vinfast's car assembly plant in Hải Phòng. VNA/VNS Photo

Artificial Intelligence (AI) technology has advanced at lightning speed over the past decade and has become the hot topic of many domestic and international seminars. But the question remains; how to boost the development of AI companies in Việt Nam?

AI has penetrated deeply into many fields with different applications, such as multilingual translator devices, virtual assistants and self-driving cars.

During the social distancing caused by the COVID-19 pandemic, the use of AI in Việt Nam has gotten more attention in customer care and medical services to reduce direct contact, which helped boost many startups in high technology.

Professor Vũ Hà Văn, Scientific Director of VinBigdata Institute. Photo courtesy by the organiser

And Professor Vũ Hà Văn, Scientific Director of VinBigdata Institute under Vingroup, believes Việt Nam has good conditions to build AI systems and it will be possible to apply the technology widely in local production in the future.

After three years of operations, the institute has achieved many good results. Vinfast cars, which have made headlines around the world in the last month, are the most notable example. The cars are equipped with a voice assistant system in English, German and Vietnamese, and can even tell a joke to drivers.

“I lead a unit that has a clear vision to bring AI technology to Việt Nam as a useful tool and for people that can benefit from it,” Professor Văn said at the Future of AI talk, a part of Science for Life symposium during the VinFuture Sci-Tech Week.

It requires clean data and talented people to build an AI system, and Việt Nam have both of these two factors, Professor Văn confidently said.

“Even though Việt Nam is a developing country, we have an abundance of these two things.

“I find in Việt Nam it is easier to collect, clean and label data than in many other countries.

“And also the Vietnamese young people are very well educated in mathematics. So they have a good background to go into machine learning and things like that.”

Professor Bùi Hải Hưng, director of VinAI Research, under Vingroup, also agreed on the bright future of AI in Việt Nam.

“VinAI, in the beginning, was an experiment. I wondered 'can we actually build a world-class AI research lab in Việt Nam, a developing country?',” Professor Hưng said at the Future of AI talk.

“At that time, I wasn't even sure myself whether this experiment is going to be successful because AI is dominated by the likes of Google, Facebook, Microsoft and big companies, especially in Silicon Valley.

“Three years later, I think we can safely say that VinAI is now an established world-class AI research lab.

“And we actually benchmark ourselves against all the other top research labs according to the exact criteria that they are using.”

The professor added that Việt Nam has many young talents who are working hard and are really capable of contributing to world-class research.

With such potential, Vietnamese startups in the technology field can continue to thrive in the future and can create high-value products for local customers. — VNS

Source: VNA
vietnamnews.vn

Related News

Enterprises have the right to pre-determine HS codes

Enterprises have the right to pre-determine HS codes

VCN - At the dialogue conference between Ho Chi Minh City Customs Department and import-export enterprises at the weekend, enterprises raised many problems related to HS code application, and post-clearance audit.
Vietnamese, Chinese localities eye stronger border trade

Vietnamese, Chinese localities eye stronger border trade

Secretary of the Party Committee of Lang Son province Nguyen Quoc Doan held talks with Liu Ning, Secretary of the Party Committee of China's Guangxi Zhuang Autonomous Region, in Lang Son city on March 30, during which they discussed measures to further expand border trade cooperation.
Dong Nai Customs: understand the business situation to develop effective support solutions

Dong Nai Customs: understand the business situation to develop effective support solutions

VCN – Administrative reform and business support have been effectively promoted by Dong Nai Customs Department when businesses in the province are facing many difficulties and a sharp decline in imports and exports.
2023 set to be favourable for Vietnamese rice enterprises

2023 set to be favourable for Vietnamese rice enterprises

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.
HCM City’s industrial production index down 0.9% in Q1

HCM City’s industrial production index down 0.9% in Q1

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Quang Ninh aims to attract quality FDI inflows

Quang Ninh aims to attract quality FDI inflows

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.
Exports face many difficulties

Exports face many difficulties

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.
Manufacturing enterprises increase their competitiveness thanks to digital transformation

Manufacturing enterprises increase their competitiveness thanks to digital transformation

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.
32nd Việt Nam Expo promises to boost business linkages

32nd Việt Nam Expo promises to boost business linkages

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.
Prevention of price risks before news that Indonesia increases rice imports in reserve

Prevention of price risks before news that Indonesia increases rice imports in reserve

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.
Japanese investors highly appreciate Vietnamese property market

Japanese investors highly appreciate Vietnamese property market

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
Mobile Version