According to vietnam-briefing.com, Viet Nam offers promising prospects for digital technology investors, thanks to a series of government incentives and experimental legal frameworks.

Over the past five years, Viet Nam has attracted significant global tech giants due to its strategic location and abundant resources.

The active engagement of companies like Qualcomm, Samsung, and Nvidia has helped establish the country as a regional powerhouse for AI research and development.

Jensen Huang, CEO of Nvidia, highlighted Viet Nam's key strengths, particularly its strong family values and emphasis on education.

He noted that Vietnamese people excel in STEM fields—especially mathematics and science—making Viet Nam the world's second-largest provider of software engineers. This talent pool makes the country ideal for Nvidia to expand its R&D centers and build a robust AI ecosystem.

The article also emphasizes Viet Nam's favorable legal framework, which incentivizes digital tech investors and creates a supportive environment for business expansion.

The country's regulatory sandbox allows companies to develop and test new digital products and services for up to two years without being hindered by rigid legal constraints.

International investors are encouraged to leverage these advantages to penetrate and grow within Viet Nam's expanding AI market.

Moreover, Viet Nam's flexible approach to AI regulations enables it to capitalize on geopolitical advantages, a skilled workforce, and an innovative ecosystem to achieve sustainable technological progress.

Through clear AI strategies, coordinated implementation plans, and progressive legal frameworks, Viet Nam minimizes risks and fosters breakthroughs in AI development.

Viet Nam's ambition to become a future AI innovation hub is more than just a visionary goal of its leadership—it is rapidly emerging as a key player in Southeast Asia's AI landscape.

The article highlights Nvidia's recent expansion in Viet Nam as a sign of this shift, signaling strong growth prospects for domestic and international investors in Viet Nam's AI sector./.

Thuy Duong

Source: VGP

Original link