Nearly 100 AI solutions introduced to Vietnamese firms
Generative AI, smart camera, data analytic and prediction, and robotic process automation were among the nearly 100 made-in-Vietnam AI solutions for enterprises introduced at a conference held in Ho Chi Minh City on June 28.
HCM City (VNA) – Generative AI, smart camera, data analytic and prediction, and robotic process automation were among the nearly 100 made-in-Vietnam AI solutions for enterprises introduced at a conference held in Ho Chi Minh City on June 28.
The event was organised by the HCM City centre for digital transformation (DX Centre) in collaboration with the Vietnam IT Outsourcing Alliance (VNITO) and partners.
DXCentre Director Phan Phuong Tung said the solutions, developed by Vietnamese enterprises, aim to better customers’ experience and enterprises' productivity and are suitable for such areas as e-commerce, retail sales, finance and banking, insurance, information security, education and training, health care, agriculture, service, and production.
At the conference, domestic and foreign experts discussed roadmaps, process and methods for combining AI with digital transformation, and data strategy with AI strategy, as well as the cost of AI implementation, among others.
The global AI market was valued at around 93.5 billion USD in 2021, and is expected to grow 38.1% annually during 2022 - 2030, which reflects the technology’s important role in supporting and improving firms’ business operation.
As AI could generate more money than its costly initial investment, firms should identify their targets and strategies, and choose suitable technologies.
🍰 Data strategy should be put at the heart of their attention since efficient data building and management are the key basis that ensures AI models run effectively and bring long-term value, they added./.
A seminar discussing the role of artificial intelligence (AI) and 5G technology in digital transformation, green transition, and digital economic development took place in Hanoi on May 29, as part of the Vietnam - Asia DX Summit 2024.
A stable economy, a rapidly developing ecosystem, a favourable startup environment, low costs, and support from policies are creating favourable conditions for Artificial intelligence (AI) startups to thrive, said insiders.
Seeing artificial intelligence (AI) as a key technology of the fourth Industrial Revolution and semiconductor as a spearhead industry of the nation in the next 30-50 years, the Ministry of Information and Communications (MIC) has bolstered cooperation with powers to develop these domains, an official has said.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
