AI shaping promising future in Vietnam

AI technology, promising future, socio-economic growth, digital transformation, Bkav, FPT, Vingroup, Viettel Bkav Corp. with its product AI View to export to the US market (Photo: SGGP)

The introduction of AI View – a security monitoring camera - by Bkav Corp., in partnership with the US’s Qualcomm, has marked the success of Vietnam as one of the first in the world to integrate AI into a security camera. Bkav Corp. also improves its most famous product – Bkav Antivirus 2020 – with the use of AI to detect millions kinds of malware without the need to update any identity model, and thus increasing the ability to protect an IT system.

Sharing the same success of AI integration is FPT.AI – a platform to help businesses automating their daily operations and customer care services – by FPT Corp. Using the model of Software-as-a-Service (SaaS), FPT.AI greatly reduces the initial cost and installation time of an enterprise while still ensuring smooth operation anywhere anytime.

The FPT.AI ecosystem, meanwhile, offers AI-related products and services like FPT.AI Conversation – a Chatbot, FPT.AI Virtual Agent for Call Center; FPT.AI Vision và FPT.AI eKYC – a smart solution for online extraction of clients’ image and information, FPT.AI Speech – a comprehensive solution for speech recognition.

In the field of telecommunications, Viettel and VNPT – two of the three major domestic telecoms businesses in Vietnam – have poured a large volume of capital into AI in their telecoms network operation and management, especially in the aspect of filtering spam messages and calls, customer services. Both corporations have used AI in developing systems and platforms for a smart urban area (intelligent operation centers, security and identity solutions), which are now applied nationwide.

Vingroup has displayed its interest in AI research and has introduced practical products like face recognition technology even with facemask, becoming one of the first in the world introducing this solution. At the moment, Vingroup’s Big Data research center is piloting AI VinDr – an AI-integrated solution to analyze medical images – in main hospitals of Vietnam in hope of delivering a more objective diagnosis result for the best treatment.

According to experts of the field, AI technology application in Vietnam is predicted to witness a significant rise to serve socio-economic growth purposes. Therefore, it is essential to have a precise and practical guidance for this development.

As the economic growth rate in Vietnam seemingly sees a slow-down, AI with its useful implementations in diverse fields might become the promising driving force to boost this rate, not to mention its tremendous values in education, healthcare, and legislation.

“Due to the exceptional usefulness of AI to a country, there is now a strong need to develop the capable AI human resources to better exploit this technology to serve the community, businesses. AI-related morality values should also be considered in any national AI strategy”, said Dr. Tran Minh Tuan from the National Institute of Information and Communications Strategy (the Ministry of Information & Communications).

He proposed certain points in the national AI development guidance, including promoting the advantage of political stability, prioritizing investments in AI human resources development, exploiting the advantage of being near one of the globally largest Ai markets, overcoming the limitation of the small domestic AI market.

By Tran Luu, Ba Tan – Translated by Huong Vuong

News Related


ATMs collect scrap, sell used items to the poor

The machines that sell mobile phones or collect used phones, and the apps that connect scrap sellers and buyers are useful solutions at a time when “living green” and “going digital” have become… Read more »

Why these ex-Grab, Stripe, StanChart execs banded together to start a company

In this Q&A series, we suss out the opportunities, thinking, and motivations behind some of Asia’s promising startups. You can also catch our full startup coverage here. Trust is crucial when building business… Read more »

Near-deaths, pivots, and an IPO: the evolution of India’s top gaming company

A few weeks ago, drum beats resounded in the lobby of a company based out of Mumbai. On center stage was Nitish Mittersain, who was matching his dance moves to the drum beats.… Read more »

Vietnam accelerates digital transformation drive

Illustrative image (Photo: VNA)   Hanoi (VNA) – Ministries, agencies and localities will continue with digital transformation programmes for the new period in the near future. The Prime Minister has agreed with the… Read more »

First data center meets two Uptime Tier 3 standards

Vietnam has five data center systems meeting Uptime Tier 3 standards, but this is the first time a data center in Vietnam has met Uptime Tier 3 standards in both design and construction.… Read more »

Da Nang invests over $653 million to enhance environment

Authorities in the central city of Danang have announced a project to make the city an environmental city during the 2021-2030 period. Danang launches a project to make the city an environmental city… Read more »

Nearly 130,000 mobile subscriptions delivering spam calls deactivated

As many as 128,970 mobile subscriptions that delivered spam calls and messages have been deactivated since last July, according to the Vietnam Telecommunications Authority under the Ministry of Information and Communications. A subscriber… Read more »

Chinese greentech firm launches smart charging robot for EVs

Chinese greentech firm Envision Group unveiled a new electric vehicle charging robot fully powered by green electricity. Called Mochi, the device will be commercially available starting in June this year, according to a… Read more »

Workshop looks into opportunities, challenges in digital transformation

Illustrative image (Source: internet) HCM City (VNA) – A workshop was held in Ho Chi Minh City on April 23 to discuss opportunities and challenges facing firms amid digital transformation. It was co-hosted… Read more »

Singapore biotech firm secures $100m via share subscription facility deal

Austrianova, a biotech company with operations in Singapore and Thailand, said it has signed an agreement with European alternative investment group Global Emerging Markets (GEM) Global Yield for a share subscription facility of… Read more »

Indonesia’s ecommerce logistics giants brace for a price war

Unlike their ecommerce partners with their glitzy billion-dollar valuations, Indonesia’s third-party logistics companies mostly stay in the background. But that has changed in the past few months. First, SiCepat raised a US$170 million… Read more »

Outstanding scientists honoured with title, order

State President Nguyen Xuan Phuc and individuals honoured at the ceremony (Photo: VNA) Hanoi (VNA) – State President Nguyen Xuan Phuc on April 22 handed over the “Labour Hero in the Renewal Period”… Read more »

Vietnam determinedly ensures national cyber security

SOC (Security Operation Center) by VNPT is monitoring the cyber security status. (Photo: SGGP) Statistics from major domestic cyber security enterprises reveal that digitalizing data of private and state organizations has made these… Read more »

Razer launches $50m fund for environmental startups, makes first investment

Global gaming and lifestyle company Razer announced the launch of its new US$50 million fund, which aims to invest in environmental and sustainability startups. Razer chief of staff Patricia Liu (center) / Photo… Read more »

Singapore’s Temasek joins $80m round of Indonesian healthtech firm Halodoc

“Health tech platform Halodoc said on Wednesday that it raised US$80 million in its series C round led by Indonesian conglomerate Astra,” reported KrAsia. Details: Temasek, Telkomsel’s venture arm TMI, Bangkok Bank, and… Read more »

NUS engineers develop greener concrete by repurposing waste clay

Engineers from the National University of Singapore (NUS) have developed a method of using waste clay from construction sites to replace sand in making concrete. NUS associate professor Pang Sze Dai (center) and… Read more »

ByteDance seeks to launch payments platform to take on Ant Group

China’s digital payments industry is potentially facing its next major shakeup. ByteDance, the Beijing-based tech giant which owns social media apps like TikTok and its Chinese equivalent Douyin, has been developing a financial… Read more »

Tencent beats Alibaba in clean energy rankings among cloud providers in China

Tencent took the top spot among cloud providers in China for its use of renewable power, beating out Alibaba, according to Greenpeace East Asia’s latest clean energy scorecard. Photo credit: Tencent The report… Read more »

National Performance Excellence Award 2019-2020 formally kicked off

The National Performance Excellence Award aims at honoring outstanding businesses in their effort to improve their product and service quality as well as operation performance for the globalization process. For 25 years, it… Read more »

HIDS assigned to combines knowledge resources for research ecosystem

Chairman Phong made the statement while chairing the meeting with the Institute on April 19. Chairman Nguyen Thanh Phong speaks at the meeting (Photo: SGGP) Mr. Phong emphasized that HIDS must act as… Read more »

Tesla refuses to accept demand of protesting customer at Shanghai Auto Show

“Tesla told Chinese consumers that it will not concede to ‘unreasonable demands,’ in response to controversy about a car owner protesting the automaker’s alleged quality-control issues on the opening day of the 2021… Read more »

Creating additives from cassava starch

Project manager Dr. Pham Thi Nam Binh said that Vietnam is the third largest exporter of cassava starch in the world. However, apart from direct use or export, the development of technologies to… Read more »

VPI, PVOIL partner in research on electric-vehicle battery, charging station

A petroleum station of PVOIL (Photo: PVOIL) Hanoi (VNA) – The Vietnam Petroleum Institute (VPI) and the PetroVietnam Oil Corporation (PVOIL) have agreed to collaborate in the research on electric vehicle (EV)’s battery… Read more »

Vietnam proves it can treat medical waste and global tech leaders

Vietnam’s medical waste autoclave system Effectively replacing traditional technology According to Tong Viet Dung, Deputy Director of the Environmental Equipment and Material Joint Stock Company (Urenco 13), the company handles about five tonnes… Read more »

How Tokopedia democratizes logistics for Indonesian businesses

When the world was put in lockdown, the already complicated cross-border supply chain was in dire straits. Matching supply to demand became even more challenging, and even simple deliveries were troublesome. Logistics companies… Read more »

HCM City steps up AI development efforts

HCM City (VNA) – To develop research into and the application of artificial intelligence (AI), authorities in HCM City may pilot order placing and public procurement and call for studies from scientists and… Read more »

DX Day 2021 to focus on eight priority fields in digital transformation

Digital transformation progress in eight priority fields under the national digital transformation initiative will be discussed at the 2021 Vietnam Digital Transformation Day (Illustrative photo: Hanoi (VNA) – Digital transformation progress in… Read more »

GE scientists develop technology to add COVID-19 virus detector to mobile devices

Shown is a concept for the direct detection of minute levels of COVID-19 virus particles on surfaces by using engineered bioreceptors attached to electronic nano-sensors. GE scientists are developing sensing technology as part… Read more »

Vietnamese-developed online meeting platform debuts

Vu Ngoc Son, Bkav’s Vice Chairman in charge of anti-malware (Photo: VNA) Hanoi (VNA) – The Ministry of Information and Communications (MIC) on April 16 introduced eMeeting, an online meeting platform developed by… Read more »

Report: ByteDance aims to grow ecommerce biz by over 3x in 2021

“As ByteDance prepares for a historic initial public offering, an internal memo leaked, showing TikTok’s owner aiming to grow advertising sales in China by 42% and tripling the size of its ecommerce business… Read more »

Malaysia’s 1337 Ventures teams up with insurer FWD to launch accelerator

Malaysia-based venture capital firm 1337 Ventures has teamed up with FWD Insurance for a flagship accelerator for local fintech and insurtech startups. The 1337 team / Photo credit: 1337 Ventures Called Alpha Startups,… Read more »

Indian micro VC iSeed secures $15m as part of second fund

“Micro-venture capital fund iSeed on Thursday said that it has closed US$15 million as part of its second fund, iSeed II, in a bid to ramp up its investments in the Indian startup… Read more »

6 surprises from the reveal of Grab’s jealously guarded financials

Grab’s announcement yesterday that it was going public in the US by way of a special purpose acquisition company (SPAC) was expected. Tech in Asia had raised this possibility back in January. The… Read more »

Sources: Gojek, Tokopedia to form combined company Goto once $18b merger is finalized

“Gojek and Tokopedia, two of Indonesia’s biggest internet companies, are finalizing their US$18 billion merger to create a giant in ride-hailing, food delivery, and ecommerce,” The Information reported, citing people familiar with the… Read more »

They’ve built a ‘GPS’ that works deep underground, underwater, and in space

In this Q&A series, we suss out the opportunities, thinking, and motivations behind some of Asia’s promising startups. You can also catch our full startup coverage here. Sahil Tapiawala and his team are… Read more »

Dyson to hire for 250 tech roles in Singapore as part of 5-year investment plan

“British technology company Dyson plans to hire 450 people globally, with more than half the recruits in its headquarters in Singapore,” Bloomberg reported. Details: The household appliance maker is set to onboard 250… Read more »

SoftBank-backed Coupang starts hiring for top positions in Singapore

South Korea’s Coupang is hiring for several positions based in Singapore, signaling its push into the city-state’s ecommerce scene, which is largely led by regional players. Photo credit: Coupang According to its LinkedIn… Read more »

Shopee Indonesia denies claims of underpaid in-house couriers going on strike

Shopee Indonesia denies claims that couriers from Shopee Express, its in-house logistics arm, went on strike in protest of recent adjustments to their fee schedule, leading to delivery delays. Handhika Jahja, Shopee Indonesia’s… Read more »

Singapore accelerator selects 11 pre-series A startups for its fourth cohort

Singapore-based accelerator Accelerating Asia announced it has selected 11 companies as part of the fourth cohort of its flagship 100-day program for pre-series A startups. Founders Amra Naidoo and Craig Dixon/ Photo credit:… Read more »

Chinese classifieds startup CEO calls for antitrust fine on competitor Beike

“Shortly after the State Administration of Market Supervision imposed an administrative penalty of 18.2 billion yuan (US$2.78 billion) on Alibaba for monopolistic behavior, CEO Yao Jinbo on April 10 posted in his… Read more »

Sequoia Capital affiliated fund co-leads $8m round of cryptocurrency startup

Kikitrade, a cryptocurrency social investment platform based in Hong Kong, said it has secured US$8 million in a pre-series A round co-led by Dragonfly Capital, a blockchain venture fund affiliated with Sequoia Capital,… Read more »

Should Grab and Gojek drivers be considered employees, not contractors?

Drivers on super apps like Grab and Gojek are called “partners,” but the reality is that this relationship is hardly equal. Hendry, a full-time ojek driver in Tangerang Selatan, a city 30 kilometers… Read more »

Blockchain ride-hailing startup lands $15m to launch EV tuk-tuk

The three-wheeled colorful auto-rickshaws called “tuk-tuks” are a popular mode of public transportation in many Southeast Asian countries. They are prized for their practicality and economy in countries including Thailand, Indonesia, Cambodia, and… Read more »

Vietnam’s VNG hits $261m revenue in 2020, but net profit slides

Vietnam-based tech unicorn VNG announced that its 2020 revenue reached US$261.5 million, but its net profit decreased to US$11.3 million from US$19.8 million in 2019. A detailed financial report of its 2020 performance… Read more »

Tencent-backed Linklogis’ shares jump by 11% in Hong Kong IPO

“Chinese fintech firm Linklogis rose by as much as 11% on its debut in Hong Kong after pricing its US$1 billion initial public offering near the midpoint of an indicative range,” reported Bloomberg.… Read more »

Indian edtech major Byju’s eyes global markets, to launch in Indonesia by May

“India’s edtech leader Byju’s is now turning its attention to international markets with a one-to-one learning platform called Byju’s Future School,” Entrackr reported. Details: The platform will be launched in USA, UK, Australia,… Read more »

Is Lazada becoming a super app?

The ride-hailing service of Singapore transport firm ComfortDelGro is now available on the app home page of ecommerce giant Lazada for users in the city-state. Photo credit: Lazada app The service, called CDG… Read more »

Vietnam pilots initiatives to reduce plastic waste and marine litter

Vietnamese authorities and international organisations discussed ways to reduce plastic waste and marine litter in Vietnam at a workshop held in Hanoi on Friday. A local sorts works in a plastic waste landfill in… Read more »

Hackers attack critical IT systems by exploiting vulnerabilities

Of nearly 1 million cyber-attacks on critical IT systems handled annually by the Network Information Security Center of the Government Cipher Committee, attacks that exploited vulnerability accounted for more than 87%. Speaking at… Read more »

Vietnam digital technology’s challenges’ can lead to solutions for society’s 'pains'

Deputy Minister of Information and Communications Nguyen Huy Dung said that platforms used in digital technology need to be born from the “pains” of society and solve challenges facing society. The message was… Read more »