On the afternoon of the 5th of December, Minister of Planning and Investment Nguyen Chi Dung and Mr. Jensen Huang, Founder/CEO of NVIDIA Corporation, held a press conference after the Announcement Ceremony of the Cooperation Agreement between the Government of Vietnam and NVIDIA Corporation.
Minister Nguyen Chi Dung stated that NVIDIA will be an important partner, accompanying Vietnam in developing its AI ecosystem – Photo: VGP/Nhat Bac
|
According to Minister Nguyen Chi Dung, the cooperation agreement with NVIDIA holds great significance for Vietnam, asserting the country’s potential and position in terms of its capability to research and develop high-tech fields, particularly artificial intelligence (AI).
The agreement demonstrates the determination of the Vietnamese government to “catch up, keep pace, and surpass” in the field of AI – one of the most breakthrough technology sectors at present.
Under the guidance of the government, the Ministry of Planning and Investment has exerted tremendous efforts and determination in the negotiation and collaboration process with NVIDIA, with close coordination from various ministries and contributions from VinGroup and Viettel corporations.
Chairman Jensen Huang has genuinely fostered good impressions of Vietnam’s land, people, and potential. Just a year after his first visit, along with the Vietnamese government and the Ministry of Planning and Investment, he directed NVIDIA to materialize the commitment to “make Vietnam NVIDIA’s second home.”
Establishing a world-class AI Research and Development (R&D) center, invested in and operated by a leading technology corporation like NVIDIA, is of utmost importance and serves as a prerequisite for developing Vietnam’s AI ecosystem. This will, in turn, promote R&D and the application of advanced AI technologies.
The center will attract numerous talented engineers and experts in high-tech and AI to live and work in Vietnam, creating a premise for accessing and attracting NVIDIA’s vast resources. NVIDIA will invest in internship programs and scholarships to cultivate new talents and support innovative startups in AI and other high-tech fields for Vietnam.
The development of NVIDIA’s AI Research and Development center in Vietnam will be a significant boost for the country’s technological advancement in the coming years, with a far-reaching impact on other high-tech investors worldwide, particularly in the AI industry.
Moving forward, both parties will continue their efforts to swiftly implement the commitments outlined in the agreement. NVIDIA will be a crucial partner, accompanying Vietnam in developing its AI ecosystem, contributing to the advancement of science and technology, innovation, and, ultimately, the progress of Vietnam during this era of national advancement.
Mr. Jensen Huang expressed his delight at being present to announce a significant milestone and a momentous day for NVIDIA. “Today, we are pleased to announce the inauguration of NVIDIA’s large Research and Development (R&D) center in Vietnam, where we will focus on AI, software, and system technologies that NVIDIA is researching.”
 Chairman Jensen Huang: Vietnam’s AI should be processed, built, and operated here for its people and industry – Photo: VGP/Nhat Bac
|
The Chairman shared, “Today, as the event began, I thought it had been two years, but Prime Minister Pham Minh Chinh reminded me that it has only been 13 months. It feels like two years since the Prime Minister visited NVIDIA in Silicon Valley (USA).”
With great enthusiasm and trust, the Prime Minister convinced me that Vietnam should be NVIDIA’s future home. The people of Vietnam and the opportunities within the country make it ideal for investment today.”
Emphasizing the unique moment in the technology sector, as the world of technology is being reshaped by AI, Mr. Jensen Huang affirmed that this is the perfect time for Vietnam to build an AI-powered future.
“As you know, AI learns from data. It’s a new form of computing that learns intelligence from the provided data. Vietnam’s AI should be processed, built, and operated here for its people and industry,” said Mr. Jensen Huang. He added, “To start a new design center, we need great people. We are fortunate to have the cooperation of the VINGroup Corporation and VINBrain, an excellent and extraordinary AI startup in Vietnam. With VINBrain, we now have a starting point for a future large-scale design center.”
To propel Vietnam’s AI development, the Chairman outlined three crucial tasks. Firstly, building infrastructure dedicated to AI is essential.
Secondly, continuing to nurture and develop a team of AI experts is vital, and Vietnam has a distinct advantage in this regard due to its excellent tradition in STEM education and a large, talented pool of software engineers and specialists. This presents a unique opportunity for Vietnam. Therefore, by collaborating with universities and AI researchers, NVIDIA’s R&D center will foster a significant number of AI researchers in the country.
Thirdly, supporting Vietnamese AI startups is imperative, as this is a novel technology. Young, aspiring creators and AI researchers want to build their future here. Numerous Vietnamese entrepreneurs aspire to establish outstanding AI companies in their homeland.
With the necessary infrastructure, the support of technology companies like NVIDIA, and the encouragement and backing of the government, the Prime Minister, and ministries, particularly the Ministry of Planning and Investment, Vietnam has the chance to foster a vibrant and thriving AI startup ecosystem.
Infrastructure, students, researchers, and AI startups will propel a brilliant future, which the Chairman envisions and believes will come to fruition. He trusts that one day, when people talk about Vietnam, they will not only mention its rich culture, beautiful people, and delicious cuisine but also recognize it as a leading technology nation.
Crafting Compelling Content: The Art of Enhancing Socio-Economic Development and Administrative Efficiency
Chairman of the National Assembly Tran Thanh Man has signed and issued 12 Resolutions passed by the National Assembly at its recent 8th Session, along with 7 Resolutions of the National Assembly Standing Committee.
What Are the Prospects of the U.S. Recognizing Vietnam as a Market Economy?
Experts expressed concern over the new U.S. policy direction, offering recommendations and solutions to businesses at the Vietnam – U.S. Cooperation Forum on the morning of December 6th.
“The Multi-Billion Dollar Question: Unveiling the Total Investment Cost of the Ninh Thuan Nuclear Power Project”
At the regular Government press conference for November 2024, held on the afternoon of December 7th, Deputy Minister of Industry and Trade, Nguyen Sinh Nhat Tan, shared a plethora of information pertaining to the Ninh Thuan nuclear power project.
The Next Big Thing: Tap into a Lucrative Career with a $3,000 Monthly Salary Potential.
The housekeeping profession in Vietnam is currently facing a labor shortage due to its novel nature, and the income range for this occupation starts from 25 to 65 million VND per month, with potential for higher earnings.
The Future of NVIDIA: Why Vietnam Will Be Our ‘Second Home’
Jensen Huang, expressed his delight at being in Vietnam to announce a significant milestone and a momentous day for NVIDIA. Today, we unveil the opening of NVIDIA’s large Research and Development (R&D) center in Vietnam, where we will focus on AI, software, and systems technology that NVIDIA is pioneering.
