NVIDIA has announced the opening of its first research and development (R&D) center in Vietnam, showing its confidence in the country's AI future.
The company is working with the Vietnamese government to establish the new Vietnam Research and Development Center, which will focus on AI. NVIDIA plans to use the center for software development, taking advantage of Vietnam's talented STEM engineers, and collaborating with industry leaders, startups, government agencies, universities, and students to promote AI adoption.
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Jensen Huang, NVIDIA's Founder and CEO, noted that the center will create platforms for NVIDIA and its partners to foster AI innovation, particularly in industries like healthcare, education, transportation, and finance. Vietnam's economy is rapidly growing, especially in the manufacturing sector, making it one of the world's fastest-growing economies.
The country's AI market is also expanding due to technological advancements, government support, and increased AI integration across industries. Since 2021, Vietnam has been focusing on AI development as part of its digital transformation strategy to drive innovation, build a strong AI ecosystem, and establish itself as a regional R&D leader.
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Vietnam's Prime Minister, Pham Minh Chinh, emphasized the government's commitment to innovation and AI technology development in partnership with NVIDIA. The goal is to create a bright future for the innovation ecosystem and high-tech industry in Southeast Asia.
NVIDIA has been investing in Vietnam's technology sector for the past eight years, collaborating with over 100 Vietnamese AI startups through its Inception program and partnering with 65 universities in the country. Last year, NVIDIA also started working with FPT Smart Cloud as its first Vietnamese cloud partner.
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