Vietnam will Accelerate its Adoption Endeavors for Blockchain Technology and AI



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May 24, 2021

After Singapore, Vietnam’s digital push is now drawing attention. Amidst the rapid progress and developments in digitalization and technological investments, Vietnam seems slow to join the race. Reportedly, it is high time to promote research, development, and blockchain technology application in Vietnam. Experts reckon that Vietnam carries the potential to cope up with the other nations in terms of technology.

Adam Christopher, CEO of Defi for You, has expressed his positive feedbacks on this issue. According to Adam, the pandemic can be treated as a golden time and can be leveraged to promote research and development on promotion of research, developments of blockchain technology as blockchain is the most important keyword now.

Other similar opinions take confidence in the growth of artificial intelligence and blockchain technology in Vietnam owing to the trend of digital transformation, advanced computing power, and the emergence of large data sets.

Amidst all the digital wilderness and fanaticism, Vietnam, a traditionally Agrarian nation, has undergone sea changes and transformations in terms of economy, technology, and science. These phenomena are justified by the first AI-driven educational robot.

 

A Glimpse into Vietnam’s Ten-year AI Plan 

Vietnam’s current mission is to emerge as the middle power in the AI domain. The nation is hopeful to build and establish artificial intelligence as an important technology in AI. Reportedly, the plan is robust but will be possible to achieve if the research centers in Vietnam plan their progress efficiently. Additionally, Vietnam is also trying to make its way into the top four in ASEAN by 2030. To translate the dream into a reality, a proposal to establish two national AI innovation centers, ten research and training institutions has been called for. The plan has to be executed from 2025 to 2030.

To add to the nation’s progress trajectory, Vietnam is planning to incorporate AI for accelerating productivity in public sectors and services to curtail processing, waiting time, and superfluous costs.

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