Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government
Investment in artificial intelligence surges eightfold compared to 2023 (Photo: VNA)
Hanoi (VNA) - Investment in artificial intelligence (AI) last year surged eightfold compared to 2023, from 10 million USD to 80 million USD, according to Vu Quoc Huy, Director of the Vietnam National Innovation Centre (NIC).
In the year, the country recorded 2.3 billion USD in investment disbursements through 141 deals, despite the global economic slowdown and tightening capital markets, Huy said, citing the recently published "Vietnam Innovation and Private Capital" report.
In addition to automation, AI is rapidly expanding into fields such as finance, health care, and e-commerce, driving smarter decision-making processes and increasing operational efficiency.
Although the total investment volume decreased, the number of deals in both venture capital (VC) and private equity (PE) remained relatively stable, demonstrating that investors continue to maintain interest in Vietnam's long-term potential.
Notably, deals under 500,000 USD increased by 73%, indicating a strong rebound of the startup ecosystem.
ꦕ Huy stated that Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government./.
The programme, announced on April 23 in Ho Chi Minh City, is jointly organised by Orochi Network, FPT Online, and the Da Nang Centre for Research and Training in IC Design and AI (DASC). It aims to attract domestic and international resources to promote digital transformation and enhance Vietnam’s global tech standing.
In the current phase, effectively implementing the resolution will help Vietnam escape the middle-income trap, build a knowledge-based economy, and rise to become a technology-driven and innovative nation, Nghia stated.
Filum AI announced on March 18 that it had secured funding from regional prestigious investment funds, including Nextrans, VinVentures, and TheVentures, as well as strategic investors: Hung Tran (founder of Got It and AIforVietnam.org), Tran Anh Dung (founder of MOG) and other individual investors.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
