The continuous influx of investment proposals from US technology corporations is a positive signal, demonstrating HCM City’s strong appeal to high-quality capital, especially in technology and real estate sectors.
The case is part of an investigation into 22 individuals and companies suspected of making false statements, amid concerns that AI chip smuggling into China may involve countries such as Singapore.
According to the General Statistics Office (GSO), Vietnam secured 38.23 billion USD in FDI last year, positioning itself among the top 15 developing countries for FDI inflows. Notably, the disbursement of FDI capital hit a record high of 25.35 billion USD, up 9.4% from the previous year. The influx has contributed significantly to Vietnam's position as a regional leader in economic growth.
Over the past decades, Singapore has quietly become a semiconductor powerhouse, accounting for 10% of the global chip production and about a fifth of the world’s chipmaking gear.
Vietnamese tech companies are expanding their data centres' capacity while international giants are also entering the market, with planned investments worth billions of USD.
Vietnam’s flexible approach to AI regulations has enabled the country to leverage its geopolitical advantages, skilled workforce, and innovation ecosystem for sustained technological progress.
Vietnam’s industrial real estate sector is expected to experience robust growth in 2025, driven by domestic economic growth factors such as foreign direct investment (FDI), infrastructure development, and an improved investment environment.
An investment certificate on chip design has been given to SkyeChip, a Malaysia-based leader in semiconductors, to develop a project in the central city of Da Nang.
Minister of Planning and Investment Nguyen Chi Dung, who is also deputy head of the National Steering Committee for Semiconductor Industry Development, emphasised that the committee will continue to settle difficulties and bottlenecks to turn the semiconductor industry into a major driver of Vietnam’s growth in the new era.
The Philippines newspaper, the Manila Times on December 10 highlighted that the Vietnamese government's agreement with NVIDIA to establish an Artificial Intelligence (AI) research and development (R&D) centre, recognising that it’s “a game-changing development for Vietnam in the era of artificial intelligence.”
A recent agreement reached between Vietnam and the US chipmaker Nvidia to establish an artificial intelligence (AI) research and development center in the country marks a significant step forward in Vietnam’s plans to turn itself into a regional tech hub, commented the current-affairs magazine The Diplomat in a recent article.
US tech giant NVIDIA will develop a research centre and data centre dedicated to artificial intelligence (AI) studies in Vietnam, the National Innovation Centre announced on December 5.
Vietnamese Prime Minister Pham Minh Chinh, and President and CEO of NVIDIA Jensen Huang went for a tour around Hanoi on December 5 night to explore the life, culture and tourism in the capital city.
Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang on December 5 witnessed the signing of an cooperation agreement between the Government of Vietnam and the US chip giant on the establishment of an artificial intelligence (AI) research and development centre and an AI data center in Vietnam.
By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
The Vietnam - US relations are said to have undergone a fast path over the last three decades. As economic links are considered a highlight of their relations, semiconductor cooperation is emerging as a field both are strongly promoting.
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.