Wednesday, February 5, 2025 11:41:34 AM - Markets open
VN-INDEX 1,267.80 +3.12/+0.25%
HNX-INDEX 227.67 +1.06/+0.47%
UPCOM-INDEX 95.78 +0.47/+0.49%
Vietnam expected to create hi-tech breakthroughs following partnership with NVIDIA
vietnamnews - 12/9/2024 2:23:15 PM
 (0 ratings. You must sign in to rate.)

Two cutting-edge AI research centres, namely Vietnam Research and Development Centre and AI Data Centre, will be established under the partnership between Vietnam and US tech giant NVIDIA, making a significant milestone in the country’s technological transformation.

PM Phạm Minh Chính (second from right) and NVIDIA President and CEO Jensen Huang (third from right) witness the signing ceremony of the agreement between the Vietnamese Government and the US giant tech. —  VNA/VNS Photo

Two cutting-edge AI research centres, namely Vietnam Research and Development Centre and AI Data Centre, will be established under the partnership between Vietnam and US tech giant NVIDIA, making a significant milestone in the country’s technological transformation.
 
The partnership was formalised during the second visit to Vietnam by NVIDIA President and CEO Jensen Huang, with a groundbreaking agreement signed between Minister of Planning and Investment Nguyễn Chí Dũng and Executive Vice President of Worldwide Field Operations Jay Puri.
 
Dung laid stress on the significance of the cooperation, saying it affirms Vietnam’s potential and position in studying and developing state-of-the-art industries, particularly AI, while demonstrating the Việt Namese Government’s determination to catch up with, move forward together, and then leap ahead regional peers in the evolving AI landscape.
 
He said the building of global-standard AI centres will create a premise for the country to develop an AI ecosystem, thus promoting R&D activities and carrying out the application of advanced AI technologies, adding NVIDIA plans to invest in internship programmes and scholarships to cultivate new talents in the domain and other high-technology ones.
 
According to the minister, this will be a crucial boost that will propel Việt Nam’s technological capabilities and attract other high-tech investors in the coming time. The two sides will make efforts to bring into full play the commitments under the agreement.
 
Meanwhile, economic expert Assoc. Prof. Dr. Nguyễn Thường Lạng spoke highly of the collaboration between Việt Nam and the US tech giant, saying it is important to the nation’s economic restructuring towards developing advanced technologies and sharpening its competitive edge.
 
The partnership is a vivid demonstration for Vietnam’s commitment to develop high and spearhead technologies, aligning with the country’s technology industry development strategy, he stated, holding that it also affirms Vietnam as a trustworthy destination for foreign investors as well as its resolve to renew the economic structure and build high-quality human resources.
 
Studying the management model from the world’s leading corporation will help Vietnam shorten the time to develop its industrial base in a modern way, he stressed. — VNS
 
Read original article here
Newer News
10:07 Investment opportunities seen in rubber, steel industries in 2025
10:01 Chinese carmakers to build automobile plants in Thái Bình
09:56 Vietnam's port firms thrive in 2024
09:50 Used car market to face significant challenges in 2025: experts
09:41 Vietnam has six billionaires in Forbes’ latest global rich list
09:16 Digital banking services in Vietnam make remarkable stride
04/02 Software exporter looks to new pace of growth
04/02 Vietnam’s technology start-up funding drops 38 per cent last year
04/02 Institutional reform is crucial to promoting business development
04/02 Vietnam's exports to EU see impressive recovery in 2024
Older News
09/12 Vietnam to develop yachts services as a signature tourism product
07/12 AI helps people achieve balance in their lives: expert
07/12 Vietnam's supporting industry for electronics needs more support
06/12 Vietnam’s exports expected to hit highest growth since 2021
06/12 Experts discuss solutions to improve urban air and transportation
06/12 Vietnam's ETFs withdraw nearly $53 million in November
05/12 Vietnam needs to accelerate seaport greening
05/12 Eleven-month seafood export almost reaches $9.2 billion
05/12 Eight localities join ADB, VinFast to follow green transport transformation roadmap
05/12 Hoan My scientific and technical conference promotes clinical excellence in Việt Nam
 
Newsletter Signup
Top Stories
Market cautious as liquidity drops significantly
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Market Update
Last updated at 11:35:01 AM
VN-INDEX 1,267.80 +3.12/+0.25%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.