Vietnam seeks AI training and investment

Hanoi — Vietnam, like many other countries, is in a bid to spur economic innovation with Artificial Intelligence (AI), but experts say the country is starting from at a low point and needs to make a huge effort to catch up with the global trend.

Such efforts would include focusing investment on training skilled workers and building an open-source database.

A researcher from Google DeepMind (USA), said the AI advances of the past decade could create comprehensive changes in global industries and services, from healthcare to energy. He believes the AI laboratories established so far in Vietnam.

Most AI companies in Vietnam are in the first stage of development.

In the past five years, many start-ups have developed projects related to artificial intelligence (AI) and machine learning, and are willing to pay an AI engineer as much as US$1,678 a month, or $22,000 a year. (By an IT recruitment platform report)

Open-source database

Because AI devices learn how humans think and act through the collection of massive data sets, they work best when more data are available.

Vietnam’s weakness is in data and information.

However, experts said they are optimistic about Vietnam’s AI future.

“We have become more serious on this matter; what Vietnam can do now is to strengthen its program data engineering, data mining, and databases,” 

“But most of all, we have to create a community for AI and nurture it,” he said.

According to a survey on 500 Vietnamese firms conducted in 2018 by Vietnam Report, only 13.6 percent have invested in AI in production and business; 18.2 percent are studying the model and 18.2 percent have plans for investment in the coming two to three years. Almost 50 percent of the surveyed companies do not have plans for AI investment yet. 

Source: Vietnam News 

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