Vietnam Economic Forum 2019: Strategy needed for AI development

Experts and business representatives all stressed the need for a strategy for the development of Artificial Intelligence (AI) in Vietnam at a thematic workshop held in the framework of the 2019 Vietnam Economic Forum in Hanoi on January 17. 
Vietnam Economic Forum 2019: Strategy needed for AI development
Chairman of FPT – Truong Gia Binh visited FPT.AI’s booth - Photo: techinsight.com.vn

Deputy Minister of Science and Technology Bui The Duy said such a strategy needs to define Vietnam’s targets and measures to realise those targets, based on an accurate assessment of the size of the domestic AI market.

He noted that there has not yet been any official survey on the size of the AI market in Vietnam, and available reports on the world and regional AI markets contain no information on the country. At the same time, AI has not been included in the investment lists of many Vietnamese companies, and if it did, the investment is insignificant.

According to the Deputy Minister, this means the AI market in Vietnam is small and businesses’ commitment to the market is not obvious. However, this is also an opportunity for those who want to engage in this field.

Deputy Minister Duy said in such a situation, the State, with both roles as the largest consumer and the leader of the economy, should become the strategic investor in core AI elements. The first task is to build the national AI strategy and policies to stimulate this market.

Participants at the workshop shared experience in starting business in the field of AI and in how to ride the wave of AI, grasp opportunities and deal with challenges in building the foundation for technology sharing.

The Vietnam Economic Forum 2019 is jointly organized by the Government and the Party Central Committee’s Economic Commission on January 16 and 17 in Hanoi.

VNA

See also

Welcoming the year of digital data for Vietnam

Welcoming the year of digital data for Vietnam

(VEN) - In 2022, the government assigned more important functions and tasks in digital transformation, government, economy, society, technology, and electronic transactions to the Ministry of Information and Communications.
Vietnamese animation studio won legal case on copyright infridgement in Russia

Vietnamese animation studio won legal case on copyright infridgement in Russia

In the case of the copyright dispute between two animators Wolfoo and Peppa Pig in the Russian Federation, the Moscow City Court recently issued a decision to order Entertainment One UK Limited (eOne or EO – Peppa Pig’s owner) must compensate Sconnect Vietnam (Wolfoo’s owner) RUB 240,000, which is roughly $4000.
Top 10 ICT developments in 2022

Top 10 ICT developments in 2022

(VEN) - Vietnam's information and communications technology (ICT) industry entered a post-COVID development phase in 2022, with the Party and government adopting policies to promote the development of the technology sector and businesses. Following are 10 outstanding ICT developments of 2022 as voted by the journalists of the ICT Press Club.
First retrofitted Emirates A380 enters service

First retrofitted Emirates A380 enters service

The first Emirates A380 to be completely refurbished under the airline’s US$2 billion retrofit program has been deployed on the Dubai-London Heathrow service, operating as EK003.
Cybersecurity resilience emerges as top priority for Vietnamese organizations

Cybersecurity resilience emerges as top priority for Vietnamese organizations

Cybersecurity resilience is a top priority for companies in Vietnam as they look to defend against a rapidly evolving threat landscape, according to the latest edition of Cisco’s annual study, Security Outcomes Report.
Customs sector leads in IT application

Customs sector leads in IT application

(VEN) - A new information technology (IT) system developed by the General Department of Vietnam Customs (Vietnam Customs) under its administrative reform is expected to generate savings of about VND920 billion in the next five years for 92,000 importers, exporters and operators of warehouses, yards and ports.

See more news

State, Party award scientific, cultural excellence

State, Party award scientific, cultural excellence

(VEN) - Vietnam has awarded 12 projects with the Ho Chi Minh Prize in recognition of their cultural and scientific achievements, and 17 projects with the 6th State Prize in Science and Technology. The ceremony was held on November 23 in Hanoi in the presence of the state’s top leadership.
Protecting intellectual property

Protecting intellectual property

(VEN) - Hung Yen Province’s Department of Science and Technology is a specialized agency which assists the provincial People’s Committee in state management of science and technology.
Vietnam, a high potential blockchain market

Vietnam, a high potential blockchain market

(VEN) - Blockchain projects developed in Vietnam have made a significant splash in world markets, making Vietnam one of the highest potential blockchain markets. Among the top 200 companies operating with blockchain technology in the world, 10 were founded by Vietnamese.
FortiGuard Labs predicts the convergence of advanced persistent threat methods with cybercrime

FortiGuard Labs predicts the convergence of advanced persistent threat methods with cybercrime

(VEN) - “As cybercrime converges with advanced persistent threat methods, cybercriminals are finding ways to weaponize new technologies at scale to enable more disruption and destruction. They are not just targeting the traditional attack surface but also beneath it, meaning both outside and inside traditional network environments. At the same time, they are spending more time on reconnaissance to attempt to evade detection, intelligence, and controls," said Derek Manky, Chief Security Strategist & VP Global Threat Intelligence, FortiGuard Labs.
Boosting grid stability through LM2500XPRESS gas turbine technology

Boosting grid stability through LM2500XPRESS gas turbine technology

While a full turn to renewables is not yet on the cards, a combination with natural gas and hydrogen could be a green and cost-efficient step in the right direction.
New sci-tech goals of industry and trade sector

New sci-tech goals of industry and trade sector

(VEN) - In the context of emerging new requirements, scientific and technological research activities in the industry and trade sector will focus on five major issues.
ETH Vietnam: The first hub for blockchain community to build and learn together

ETH Vietnam: The first hub for blockchain community to build and learn together

The first and biggest blockchain event series ETH Vietnam will begin on November 25, 2022 in Ho Chi Minh City.
Kaspersky reports rapid growth in malicious mining programs

Kaspersky reports rapid growth in malicious mining programs

In the third quarter of 2022, Kaspersky researchers saw a sharp increase in crypto miner variants – an overall growth of over 230 percent compared to the same period last year. The number is three times more than in the third quarter of 2021 and now exceeds 150,000.
Sconnect Media to protect rights of “Wolfoo” in the US

Sconnect Media to protect rights of “Wolfoo” in the US

Recently, many leading British and American newspapers have simultaneously reported on new developments of the copyright war between two sets of cartoon characters Wolfoo and Peppa Pig. Accordingly, the "father" of Wolfoo has taken drastic actions to protect Wolfoo's interests, and does not rule out that he will sue the British company in the US Court.  
Universal Robots showcases collaborative robots for innovative automation

Universal Robots showcases collaborative robots for innovative automation

Universal Robots (UR), the global leader in the rapidly growing market of collaborative robots (cobots), is showcasing innovative automation solutions at an affordable cost for palletizing, packaging, picking, and placing at the 15th edition of Propak Vietnam 2022 which is underway at the Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, from November 9-11.
View more
Latest Most Read
Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).
Binh Lieu mountain region powers up

Binh Lieu mountain region powers up

(VEN) - The mountainous border district of Binh Lieu in the northeastern province of Quang Ninh is changing rapidly due to investment in infrastructure of roads, electricity and schools, greatly improving the lives of the predominantly ethnic minority population.
Steel industry to gradually recover in 2023

Steel industry to gradually recover in 2023

HCM CITY — Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.
Prime Minister launches New Year tree planting festival

Prime Minister launches New Year tree planting festival

Prime Minister Pham Minh Chinh offered incense to President Ho Chi Minh and launched the annual New Year tree planting festival at K9-Da Chong relic site, Hanoi’s outlying district of Ba Vi, on January 27, the sixth day of the Year of the Cat.
Agro-forestry-fishery exports set new record in 2022

Agro-forestry-fishery exports set new record in 2022

Agro-forestry-fishery exports set a new record of over 53.22 billion USD in 2022, according to the Ministry of Agriculture and Rural Development.
Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).
Fireworks soar across Vietnam ringing in Year of the Cat

Fireworks soar across Vietnam ringing in Year of the Cat

Colourful fireworks lit up major cities across Vietnam Sunday night in an exuberant celebration of the Lunar New Year.
The cat in Vietnamese culture

The cat in Vietnamese culture

(VEN) - The new lunar year (2023) is designated the Year of the Cat, one of the 12 Vietnamese zodiac animals and a strong favorite on the list that also includes the Rat, Buffalo, Tiger, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog, and Pig). Unlike most of the other animals, in modern society the cat has become a close friend of both children and adults.
Sa Dec Flower Village, an attractive destination in Tet

Sa Dec Flower Village, an attractive destination in Tet

Sa Dec Flower Village in Dong Thap Province has been well-known for a long time as the flower capital of the Mekong Delta and one of the country's largest suppliers of flowers for cities and provinces nationwide and even abroad.
Da Nang tops Vietnam

Da Nang tops Vietnam's tourism competitiveness rankings

It attributed the result to the city's strengths in transport and tourism service infrastructure, readiness to apply advanced information and technology as well as environmental sustainability.
Prime Minister assigns tasks to Deputy Prime Ministers

Prime Minister assigns tasks to Deputy Prime Ministers

Prime Minister Pham Minh Chinh has signed decision 19/QD-TTg assigning tasks to the Deputy Prime Ministers.
Taking advantage of growth opportunities: Party leader

Taking advantage of growth opportunities: Party leader

Party General Secretary Nguyen Phu Trong suggested promoting national digital transformation, digital economy and digital society in association with environmental protection while attending the teleconference between the Government and 63 provinces and cities.
Financial mobilization for development of circular economy

Financial mobilization for development of circular economy

As one of the countries heavily affected by climate change, the development of a circular economy is an important solution for Vietnam, towards the development of a green and low-carbon economy.
Multilateral cultural diplomacy helps Vietnam shine at UNESCO: official

Multilateral cultural diplomacy helps Vietnam shine at UNESCO: official

Cultural diplomacy has contributed to promoting cultural values and the image of the country and people of Vietnam.
Binh Lieu mountain region powers up

Binh Lieu mountain region powers up

(VEN) - The mountainous border district of Binh Lieu in the northeastern province of Quang Ninh is changing rapidly due to investment in infrastructure of roads, electricity and schools, greatly improving the lives of the predominantly ethnic minority population.
Steel industry to gradually recover in 2023

Steel industry to gradually recover in 2023

HCM CITY — Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.
Quang Ninh ships first tonne of coal on first day of Lunar New Year

Quang Ninh ships first tonne of coal on first day of Lunar New Year

The northern coastal province of Quang Ninh shipped the first tonnes of coal on January 21, the first day of the Lunar New Year, from the Cam Pha port.
Support industries vital for global integration

Support industries vital for global integration

(VEN) - “Entering 2023, Vietnam needs to promote the development of support industries to help the country’s industrial sector effectively participate in the global supply chain,” said Deputy Director of the Industry Agency under the Ministry of Industry and Trade (MoIT) Ngo Khai Hoan in an interview with Vietnam Economic News’ Lan Anh.
Viet Nam calls for more investment in green growth

Viet Nam calls for more investment in green growth

Deputy Prime Minister Tran Hong Ha called on foreign businesses to boost investment, support Viet Nam in green growth, and well implement international commitments on sustainable development and climate change, including UNCOP26 commitments to achieving net-zero emissions by 2050.
Hanoi attracts nearly US$1.7 billion in FDI in 2022

Hanoi attracts nearly US$1.7 billion in FDI in 2022

Hanoi attracted US$1.69 billion in foreign direct investment (FDI) last year, still among the localities leading the nation in this field.
FDI disbursement exceeds US$20 billion

FDI disbursement exceeds US$20 billion

(VEN) - Foreign direct investment (FDI) disbursement reached more than US$20 billion in 2022 - the highest level in five years, aiding post-pandemic recovery.
Screening proposed for improved foreign investment

Screening proposed for improved foreign investment

(VEN) - Foreign direct investment (FDI) has contributed significantly to the Vietnamese economy since the Law on Foreign Investment in Vietnam was promulgated in 1987. However, Vietnam is mulling effective screening tools to enhance FDI quality.
Positive 2023 securities market forecasts

Positive 2023 securities market forecasts

(VEN) - Vietnam’s securities market experienced strong volatility in 2022, stemming from investor caution in the face of global economic and political uncertainties.
Banking sector stable, but challenges abound

Banking sector stable, but challenges abound

(VEN) - The banking sector will confront challenges in 2023 both from the international and domestic economies, requiring stabilized macroeconomic conditions and balances.
PM directive to ensure payment demands during Tet

PM directive to ensure payment demands during Tet

The State Bank of Vietnam (SBV) must direct commercial banks to meet all payment and cash demands of individuals and firms during Tet (Lunar New Year).
Green finance puts down roots in Vietnam

Green finance puts down roots in Vietnam

(VEN) - The development of green finance is an important foundation for sustainable business growth.
Vietnam looks ahead to 2023 climate summit

Vietnam looks ahead to 2023 climate summit

(VEN) - World leaders are hoping the COP28 Climate Change Summit, scheduled for November 30 to December 12, 2023, in the UAE will achieve expectations not met at the COP27 summit held in Egypt in November 2022.
Preserving nature, facilitating business

Preserving nature, facilitating business

(VEN) - In the past few years, the natural resources and environment sector of Hung Yen Province has advised authorities on state management of natural resources and the environment, contributing to provincial economic growth, industrialization and modernization.
AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

AkzoNobel, a leading global paints and coatings company and the major producer of Dulux brand, has completed repainting the Cu Lao Xanh Lighthouse project with Dulux Weathershield®. It is the third lighthouse in Vietnam recoated under the “Lighthouse Protection Campaign” of AkzoNobel.
JTI Vietnam commits to net zero greenhouse gas emissions

JTI Vietnam commits to net zero greenhouse gas emissions

Climate change is the most urgent issue of our time, and to limit its impact on life on earth, the rise in mean global temperature should not exceed 1.5°C above pre-industrial levels. The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.
Welcoming the year of digital data for Vietnam

Welcoming the year of digital data for Vietnam

(VEN) - In 2022, the government assigned more important functions and tasks in digital transformation, government, economy, society, technology, and electronic transactions to the Ministry of Information and Communications.
Vietnamese animation studio won legal case on copyright infridgement in Russia

Vietnamese animation studio won legal case on copyright infridgement in Russia

In the case of the copyright dispute between two animators Wolfoo and Peppa Pig in the Russian Federation, the Moscow City Court recently issued a decision to order Entertainment One UK Limited (eOne or EO – Peppa Pig’s owner) must compensate Sconnect Vietnam (Wolfoo’s owner) RUB 240,000, which is roughly $4000.
Top 10 ICT developments in 2022

Top 10 ICT developments in 2022

(VEN) - Vietnam's information and communications technology (ICT) industry entered a post-COVID development phase in 2022, with the Party and government adopting policies to promote the development of the technology sector and businesses. Following are 10 outstanding ICT developments of 2022 as voted by the journalists of the ICT Press Club.
First retrofitted Emirates A380 enters service

First retrofitted Emirates A380 enters service

The first Emirates A380 to be completely refurbished under the airline’s US$2 billion retrofit program has been deployed on the Dubai-London Heathrow service, operating as EK003.
Prime Minister launches New Year tree planting festival

Prime Minister launches New Year tree planting festival

Prime Minister Pham Minh Chinh offered incense to President Ho Chi Minh and launched the annual New Year tree planting festival at K9-Da Chong relic site, Hanoi’s outlying district of Ba Vi, on January 27, the sixth day of the Year of the Cat.
Party General Secretary extends greetings for Year of the Cat

Party General Secretary extends greetings for Year of the Cat

On the occasion of the Year of the Cat 2023, Party General Secretary Nguyen Phu Trong has delivered remarks offering the best wishes to the Vietnamese at home and abroad as well as people around the world.
Strong recovery of capital

Strong recovery of capital's economy

(VEN) - According to a report by the Hanoi People's Committee, the capital experienced a strong economic recovery in 2022 and maintained its leading position among the provinces and cities nationwide in attracting foreign direct investment (FDI).
Animated morning at Nghi Thuy fishing port, Cua Lo Town

Animated morning at Nghi Thuy fishing port, Cua Lo Town

Nghi Thuy fishing port (in Cua Lo Town) is crowded, animated from early morning everyday. Selling fresh seafood at reasonable prices, it is a seafood distribution hub of Nghe An and nearby provinces.
Nestlé Vietnam and the journey to sustainable development

Nestlé Vietnam and the journey to sustainable development

(VEN) - With nearly three decades of operation in Vietnam, Nestlé Vietnam has been implementing many initiatives to improve human health and protect the planet through its commitments and sustainable development strategy. Recently, the company has continued to be honored as the Most Sustainable Business in Vietnam.
VIMC embarks on strong recovery

VIMC embarks on strong recovery

(VEN) - In the context of the strong recovery of the maritime transport market, the Vietnam Maritime Corporation (VIMC) has brought into play its internal strength to achieve successful business results in 2022.
MM Mega Market launches a new modern Giá tốt business model

MM Mega Market launches a new modern Giá tốt business model

Recognizing changes in shopping behaviors, MM Mega Market has publicly launched its new business model – Giá tốt. Giá tốt is currently present in big cities and provinces in Vietnam with more than 250 Giá tốt partners, including Ho Chi Minh City, Hanoi, Da Nang, Binh Duong, Bien Hoa, Quy Nhon, Buon Ma Thuot, Rach Gia, etc.
PVCFC develops experts’ system

PVCFC develops experts’ system

(VEN) - The PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) recently held its annual review on accreditation of professionals and on the competency gap for experts at its headquarters in Ho Chi Minh City and Ca Mau Province.
Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).
Chau Ma brocade lives on

Chau Ma brocade lives on

(VEN) - The indigenous textile products of the Chau Ma ethnic group reflect experiences, religious beliefs, skillful techniques and an enduring passion for the traditional craft practiced for generations in the Central Highlands province of Lam Dong.
Bathing in coriander-filled water

Bathing in coriander-filled water

(VEN) - Boiling coriander and bathing in its fragrant water is a ritual cleansing for the Lunar New Year, which is believed to drown the misfortunates and impurities of the past.
Gongs keep ringing in Central Highlands

Gongs keep ringing in Central Highlands

(VEN) - Dak Lak Province strives to keep alive the sound of traditional gongs, 16 years after the cultural space of Central Highlands gongs was recognized by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as an intangible cultural heritage of humanity.
Miss Tourism World contest promotes Vietnam

Miss Tourism World contest promotes Vietnam

(VEN) - The final round of Miss Tourism World 2022 has toured five Vietnamese provinces and cities, promoting Vietnam's tourism, culture, and heritage to the world and bringing the world to Vietnam.
Sa Dec Flower Village, an attractive destination in Tet

Sa Dec Flower Village, an attractive destination in Tet

Sa Dec Flower Village in Dong Thap Province has been well-known for a long time as the flower capital of the Mekong Delta and one of the country's largest suppliers of flowers for cities and provinces nationwide and even abroad.
Building global brand for Trang An

Building global brand for Trang An

(VEN) - Ninh Binh Province has launched a campaign to preserve the integrity and effectively promote the values of its Trang An heritage site, and boost sustainable tourism development in its magnificent landscape.
Hanoi tourism meets recovery targets

Hanoi tourism meets recovery targets

(VEN) - An estimated 17.02 million tourists visited Hanoi in the first 11 months of 2022, over five times the figure in the corresponding period last year. That includes 1.27 million foreign tourists, meeting the minimum target set for the year.
Mobile Version