A Vietnamese Corner at US Library of Congress
	Vietnam's Mission to Build a Strong ASEAN Community

The GenAI Summit 2024 opened in Ho Chi Minh City on August 19. Speaking at the event, Country Director of Google Cloud in Vietnam Nguyen Duc Toan stressed the concerted effort among universities, businesses, and the government to build a robust AI ecosystem, making the country a global AI hub. He added that this collaboration is crucial as Vietnam is projected to need 100,000 additional AI professionals over the next five years to meet growing market demand, cited VNA.

The GenAI Summit 2024 opened in Ho Chi Minh City on August 19 (Photo: VNA).

Le Viet Quoc, a senior expert at Google, stated that the Vietnamese government has implemented various policies to encourage startups and technology investments, creating a conducive environment for AI enterprises to thrive and compete on the international stage.

Vietnam holds significant advantages in AI development thanks to its favorable market conditions, abundant human resources, and a dynamic startup ecosystem. However, many challenges remain. The country’s labor is low-costed and there is a need for investment in AI education and training to increase competitiveness,

On the global front, Vietnam has cooperated with major technology companies like Google, which is heavily investing in the development of future AI talent. Google has pledged 40,000 scholarships through its Google Career Certificates program to equip Vietnamese professionals with essential skills. Google AI Startups Masterclass program is another initiative aims not only to develop a high-quality workforce but also to create significant opportunities for 200 Vietnamese startups in the AI sector.

Vietnam’s startup ecosystem attracted over US $1 billion in investments in 2023, with its growth now rivaling that of Singapore and Malaysia, VNA reported. Experts also believed that Vietnam’s strong educational foundation provides a solid base for AI development. Vietnamese students consistently excel at international math competitions, demonstrating the logical thinking and problem-solving abilities that are crucial for AI advancement.

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