Nvidia has partnered with the Vietnamese government to establish an artificial intelligence (AI) research and development center and an AI data center in Vietnam, under an agreement signed on Thursday.
In addition, Nvidia announced the acquisition of VinBrain, a healthcare startup and subsidiary of the Vietnamese conglomerate Vingroup. However, the company did not disclose the financial details of the deal.
During a visit to Hanoi last year, Nvidia CEO Jensen Huang expressed the company’s commitment to expanding partnerships with Vietnam’s leading tech firms and supporting the country in AI talent development and digital infrastructure enhancement.
Vietnam's Growing AI Ambitions
Earlier this year, Vietnamese tech firm FPT revealed plans to invest $200 million in an AI factory, leveraging Nvidia's advanced graphics chips and software to power its operations.
The latest agreement between Nvidia and the Vietnamese government was formalized in Hanoi, with Huang and Vietnamese Prime Minister Pham Minh Chinh in attendance. Financial specifics for the R&D and data centers were not disclosed.
Chinh emphasized the transformative potential of AI, highlighting its role in fostering economic growth and advancing sustainable energy initiatives.
"We aim to not only conquer AI but also explore space and the ocean," Chinh stated. "AI will help us harness the sun, wind, and waves to create clean energy for a better future."
This partnership underscores Vietnam’s ambitions to position itself as a leader in AI development while fostering innovation and sustainability.
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