A Driver Monitoring System has been developed by engineers of VinAI Research. AI has become a global technology trend, helping economic development (Screenshot of VinAi reseach)Vietnam is not outside this trend. Domestic tech powers and innovativestart-ups are accelerating their investment and taking solid steps in AIresearch and new applications in new business models.
FPT, the leading information technology service company in Vietnam, recentlyannounced that it will spend 300 billion VND (13.16 million USD) on AI researchand development over the next five years.
The company has invested in such R&D since 2013 and formed a diverseecosystem of products, solutions, and platforms to help businesses andorganisations optimise their operations, improve their performance, and delivera superior customer experience.
Other tech powers such as Viettel, VNPT, VNG, and Vingroup are also investingheavily in AI research and development.
To improve R&D capacity of AI technology, Viettel and Vingroup haveinvested in supercomputer technologies for solving highly complex problems inmathematics while accelerating development of AI technology.
Vingroup has also boosted investment in technology and has applied AItechnology in healthcare, smart automobiles and self-driving cars.
Bui Hai Hung, head of VinAI Research, a member of Vingroup, said that over theyears, AI had become an effective tool to solve difficulties as well as createmany opportunities for Vietnamese businesses.
"Despite possessing great potential, the development of AI within thecountry still faces many challenges. As a leader in AI research and applicationin Vietnam, we aim to bring Vietnamese AI research and products to theworld," he added.
Vuong Quang Khai, deputy general director of VNG Corporation, said the nextwave was AI and the country should invest in it. If technology businesses didnot keep up with rapidly changing technology, they could become outsiders inthe future.
Nguyen Manh Quy, director of the Viettel Cyberspace Center, said along withinvestment in researching new technology trends around the world, Viettel wouldalso invest in providing platforms and digital services with a strong socialimpact to provide more value to users. It would also bring AI more deeply intoreal life while helping national digital transformation.
Global tech giants are far ahead of Vietnamese tech companies in AI R&D,however, the participation of Vietnamese companies has shown a good signal,creating a driving force for AI research and development.
Experts said the investment and development of AI technology by majorcorporations had attracted Vietnamese experts as well as AI engineers from allover the world, while seminars with the participation of foreign experts areorganised regularly, forming a strong AI community in the country.
According to the International Conference on Artificial Intelligence andComputational Intelligence 2020, Vietnam currently ranks 21st in the world inthe field of AI.
The Vietnamese Government has issued a national strategy on the research,development and application of AI until 2030 with a view to gradually turning Vietnaminto an innovation and AI hub in ASEAN and the world./.
VNA
