Business

Game-changing development for Vietnam in AI era

The Philippines newspaper, the Manila Times on December 10 highlighted that the Vietnamese government's agreement with NVIDIA to establish an Artificial Intelligence (AI) research and development (R&D) centre, recognising that it’s “a game-changing development for Vietnam in the era of artificial intelligence.”

Vietnamese Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang (Photo: VNA)
Vietnamese Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang (Photo: VNA)

Hanoi (VNA) – The Philippines newspaper, the Manila Times on December 10 highlighted that the Vietnamese government's agreement with NVIDIA to establish an Artificial Intelligence (AI) research and development (R&D) centre, recognising that it’s “a game-changing development for Vietnam in the era of artificial intelligence.”

The newspaper praised the Vietnamese government for investing in and strategically partnering with the world's leading graphics processing units (GPU) innovator. Vietnam now has the potential to be a major global hub for innovation, and this is a landmark victory for innovation in Vietnam.

Sharing the opinion, the diplomat.com stated that NVIDIA's agreement to establish an AI R&D centre and AI Data Centre in Vietnam represents a significant advancement in plans to make Vietnam a regional technology hub.

The agreement signed on December 5 in Hanoi involves expanding an AI data centre owned by Viettel, a major telecommunications group in Vietnam, which is already utilising NVIDIA's technology. NVIDIA also announced its acquisition of VinBrain, a healthcare startup under the Vingroup conglomerate.

This agreement reflects the strong confidence of one of the world's leading AI companies in Vietnam's future as a regional technology centre.

In a statement, NVIDIA expressed its confidence in the country’s bright AI future, citing CEO Jensen Huang’s appraisal of Vietnam’s the "vibrant ecosystem of researchers, startups, and businesses". Jensen Huang, founder and CEO of NVIDIA said that with its expertise in AI development, the group will partner with a vibrant ecosystem of researchers, startups and enterprise organisations to build incredible AI right here in Vietnam.

According to the Manila Times, the upcoming R&D centre will bring numerous benefits to Vietnam, focusing on software development, leveraging the country's abundant STEM talent, and attracting industry leaders, startups, government agencies, universities, and students to accelerate AI adoption.

Minister of Planning and Investment Nguyen Chi Dung stated that NVIDIA's support in the AI field will help Vietnam achieve its development goals in the high-tech sector. It will also contribute to making the entire Southeast Asia region a destination for innovation.

NVIDIA is collaborating with more than 100 Vietnamese startups as part of its startup programme, along with 65 domestic universities.

ai-1.png
An article about the cooperation agreement between Vietnam and NVIDIA at the diplomt.com

The diplomat.com reported that NVIDIA has been considering investments in Vietnam for some time. During a visit to Hanoi last year, CEO Jensen Huang mentioned that his company is committed to investing in Vietnam and making it a "second home."

Notably, the company plans to expand partnerships with leading Vietnamese technology firms and support the country in training talent for AI development and digital infrastructure.

Last year, NVIDIA began collaborating with FPT Smart Cloud, its first cloud partner in Vietnam. In April, FPT announced plans to work with NVIDIA to build a 200 million USD AI factory using NVIDIA's graphics chips and software.

All these activities are part of NVIDIA's efforts to expand in Southeast Asia, a region witnessing a surge in demand for data services due to the digital economy boom. According to a recent report, this market is projected to reach 263 billion USD by 2023, up from just 31 billion USD in 2015.

This year, executives from major US tech companies like Apple and Microsoft also visited Southeast Asia, announcing billions of USD in investments. These companies are focusing on data centres designed to support the expansion of AI services in Vietnam, and around the world./.

VNA
#NVIDIA #AI #Vietnam #data centre #CEO Jensen Huang
Follow VietnamPlus

Green transition

Related News

Vietnam and the chipmaker Nvidia have signed an agreement to establish an artificial intelligence (AI) research and development center in the country (Photo: VNA)

Deal with Nvidia helps realise Vietnam's plan to become regional tech hub: Journal

A recent agreement reached between Vietnam and the US chipmaker Nvidia to establish an artificial intelligence (AI) research and development center in the country marks a significant step forward in Vietnam’s plans to turn itself into a regional tech hub, commented the current-affairs magazine The Diplomat in a recent article.

See more

Prime Minister Le Minh Hung and his Cambodian counterpart Hun Manet witness the exchange of cooperation agreements between businesses of the two countries (Photo: VNA)

Vietnam, Cambodia look to elevate economic links

Prime Minister Le Minh Hung said that economic, trade and investment cooperation constitutes an important pillar of bilateral ties, which has achieved positive results. However, considerable room remains for further expansion to match the strong political ties and the potential of both countries.

An overview of the meeting (Photo: chinhphu.vn)

Deputy PM calls for tighter price management of essential goods

Deputy PM Thang, who is also head of the committee, urged ministries and agencies to coordinate closely to deliver effective fiscal and macroeconomic policies. The aim is to control inflation, stabilise the macroeconomy, ensure major economic balances, create room to support growth and bolster the economy’s resilience to external shocks.

Khanh Binh International Land Border Gate in An Giang province.( Photo: VNA)

Vietnam-Cambodia trade gathers pace towards 20 billion USD target

After setting a record of more than 11.3 billion USD in 2025, bilateral trade reached about 8.7 billion USD in the first eight months of 2026, up 8.3% year on year. Vietnam is currently Cambodia’s third-largest trading partner, its second-largest source of imports and second-largest export market.

Vietnamese Ambassador to India Trinh Minh Manh discusses potential areas and strengths for cooperation between Vietnam and India’s Gujarat state. (Photo: VNA)

Vietnam, India’s Gujarat state seek to unlock cooperation potential

Vietnam attaches importance to strengthening cooperation with Indian states boasting strong economic potential, including Gujarat, to further advance the two countries’ Enhanced Comprehensive Strategic Partnership, particularly in the economy, trade and investment, said Ambassador Trinh Minh Manh.

At Nestlé Vietnam factory in Hung Yen province (Photo: VNA)

Vietnam seeks to build stronger ecosystem for FDI

The World Bank has stressed the need to connect global companies with domestic suppliers, improve the business climate and develop supply-chain finance solutions. Those steps will let domestic firms gradually meet requirements on quality, technology, costs and delivery times, and position them to become suppliers to multinational corporations.

Construction of technical infrastructure facilities serving APEC 2027 in Phu Quoc Special Zone, An Giang province. (Illustrative photo: VNA)

Vietnam enters investment grade credit rating category for first time

Vietnam has maintained robust growth, outperforming other Southeast Asian economies. Its ongoing government reforms aimed at streamlining the state apparatus, promoting the private sector, improving the institutional framework and developing capital markets will strengthen the country’s growth potential and economic resilience.

Vietnamese Prime Minister Le Minh Hung and Lao Prime Minister Saleumxay Kommasith witness the presentation of investment certificates and investment cooperation agreements between businesses of the two countries. (Photo: VNA)

Vietnam, Laos strengthen “strategic cohesion” in economic sector

The great friendship, special solidarity, comprehensive cooperation and strategic cohesion between Vietnam and Laos, and between Laos and Vietnam, are an invaluable asset of the Vietnamese and Lao Parties, States and people. It is the responsibility of today's generation to transform this invaluable political asset into new resources for the development of the two countries’ people.

West Food Hau Giang JSC’s factory at the Nam Song Hau Industrial Park – Phase 1, Can Tho city (Photo: VNA)

Southern industrial property market enters new phase of competition

Industrial site selection was previously driven largely by land prices, location and access to markets. However, as supply chains become more complex and manufacturing projects face higher technical requirements, businesses are increasingly assessing sites based on their long-term operational capabilities.

Members of the RoK delegation visit booths showcasing signature agricultural products of Da Lat – Lam Dong. (Photo: VNA)

Lam Dong seeks stronger economic, tourism links with RoK

Lam Dong is particularly interested in sectors in which Korean businesses have strengths, including agriculture, green energy, the circular economy, high-quality tourism, healthcare, education, human resources training and digital transformation, an official said.