Investing in Artificial Intelligence in Vietnam: Great Opportunity but Avoid the Trend

The use of artificial intelligence (AI) in Vietnam has become popular. Vietnamese technology companies are also investing in this technology.

Reporter of Tin Tuc and Dan Toc newspaper had an interview with Mr. Le Van Cham, Director of the Institute for Research and Application of New Technology (Vietnam Union of Science and Technology Associations) on this topic.

How do you evaluate the current development and investment in the AI ​​industry in Vietnam? Is Vietnam at risk of an “AI bubble” like the rest of the world ?

Currently, the field of artificial intelligence (AI) in Vietnam is in the initial stage and growing strongly. Many technology enterprises, both domestic and foreign invested, have focused on applying AI in areas such as finance, healthcare, education , and manufacturing. Although the market size is not large compared to the world, the growth rate is very fast.

Mr. Le Van Cham, Director of the Institute for Research and Application of New Technology.

However, unlike the US or Europe, Vietnam has not yet seen an AI “bubble”. The reason is that investment capital is still at a moderate level, and AI projects mainly aim to solve practical problems such as production automation, logistics optimization or customer care.

Therefore, the risk of a bubble at the present time is not high, but it cannot be ruled out in the future if there is massive investment following trends without a long-term strategy.

Sir, what direction should Vietnamese businesses take to avoid creating an AI investment "bubble"?

In my opinion, there are three main points: First, businesses need to link AI investments to real needs, solving specific problems instead of following trends.

Artificial intelligence technology is applied in many fields.

Second, it is necessary to build a high-quality human resource team and cooperate closely with research institutes and universities to ensure a solid scientific and technological foundation.

Third, AI investment should go hand in hand with risk management and a clear business roadmap, avoiding overspending without considering profitability.

If this is done, AI will not just be a temporary trend, but will become a real driving force to boost productivity and competitiveness of Vietnamese enterprises in the long term.

Investing in AI technology requires large capital, while the State identifies AI technology as one of 11 strategic technology products. So, in your opinion, what specific support policies should the State have for units researching this technology?

In the list of 11 strategic technology product groups announced by the Government in June 2025, there is AI technology. This is a technology that has been widely applied in life in recent times.

In Vietnam, this technology has only developed in the past few years. The reality of large technology companies in the world shows that the investment capital for AI is very large. Some Vietnamese technology enterprises have also cooperated and transferred this technology. However, to master this technology requires large investment capital, modern equipment and machinery, especially human resources.

The State will soon support scientific research topics on AI to apply this technology in the coming time. Accordingly, the State will support research units, institutes and schools in terms of capital. The funding for research comes from two channels: private capital and public investment capital, facilities. In particular, access to this capital between private and public units must be transparent and equal.

Thank you very much!

Source: https://baotintuc.vn/van-de-quan-tam/dau-tu-tri-tue-nhan-tao-tai-viet-nam-co-hoi-lon-nhung-tranh-phong-trao-20251006141226651.htm