Latest news with #NguyenChiDung
Business Times
10-06-2025
- Business
- Business Times
US tech giant Qualcomm opens AI R&D centre in Vietnam, its third largest after India, Ireland
[HO CHI MINH CITY] Qualcomm on Tuesday (Jun 10) launched its artificial intelligence (AI) research and development (R&D) centre in Vietnam's capital, Hanoi. This is the US tech giant's third-largest R&D centre in the world, after those in India and Ireland, noted Hou Jilei, vice-president of engineering at Qualcomm Technologies, as he spoke with Vietnam's Deputy Prime Minister Nguyen Chi Dung earlier in April. The company has already been operating an R&D centre in Hanoi since 2020, among a network of its multiple research and development (R&D) operations outside its headquarters in San Diego, California. The new centre aims to capitalise on the South-east Asian country's extensive talent pool to develop generative AI (GenAI) and agentic AI solutions applied to various sectors, including smartphones, personal computers, extended reality technologies, automobiles and Internet of Things. Thieu Phuong Nam, country director for Qualcomm Vietnam, Cambodia and Laos, said that the combination of Vietnamese talents with Qualcomm's global scale and expertise could 'strengthen Vietnam's role in the global innovation value chain'. 'This also serves as a vivid testament to the deepening comprehensive strategic partnership between Vietnam and the US,' said Le Xuan Dinh, Vietnam's deputy minister of science and technology, during his appearance at the event on Tuesday morning. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up In April, Qualcomm finalised its acquisition of MovianAI, a GenAI subsidiary of Vietnam's private conglomerate Vingroup, for an undisclosed amount. Established in 2024, MovianAI is a former division of VinAI – another firm in the Vingroup ecosystem. Following the transaction, Dr Bui Hai Hung, former chief executive at VinAI, has joined Qualcomm to lead the AI research strategy of the local centre and contribute to shaping Qualcomm AI research at the global level. Last December, US chipmaker Nvidia also announced its acquisition of Vingroup's affiliate firm VinBrain as well as its plan to open an R&D centre in Vietnam to bolster AI development, without providing details. These moves align with Vietnam's strategy to attract global giants to establish high-tech facilities and projects in the country. Its Investment Support Fund offers government subsidies covering up to 50 per cent of initial investment costs for the establishment of R&D centres focused on semiconductors and AI in Vietnam. Domestic conglomerates are also fuelling the AI race through the establishment of various new tech hubs. In March, Vietnam's home-grown tech champion, FPT Group, launched its R&D centre at the newly opened Software Park No 2 in the central city of Da Nang, with a focus on AI and semiconductors. The hub gathers 500 technology experts and aims to develop at least 10 new products each year for the software and telecommunications giant. On Jun 1, FPT's archrival, CMC Corporation, also broke ground on the CMC Creative Space in Hanoi – the second location in the chain after the first one in Ho Chi Minh City. The new US$300 million office complex is designed to become an open AI centre, encompassing a data centre, R&D space, training area and startup incubation zone for more than 5,000 technology engineers.
Business Times
10-06-2025
- Business
- Business Times
US tech giant Qualcomm opens AI R&D centre in Vietnam
[HO CHI MINH CITY] Qualcomm on Tuesday (Jun 10) launched its artificial intelligence (AI) research and development (R&D) centre in Vietnam's capital, Hanoi. The US giant wants to develop the new facility as its third-largest R&D centre, behind those in India and Ireland, noted Jilei Hou, vice-president of engineering at Qualcomm Technologies, as he spoke with Vietnam's Deputy Prime Minister Nguyen Chi Dung earlier in April. The company has already operated an R&D centre in Hanoi since 2020, among a network of its multiple R&D operations outside of its headquarters in San Diego, California. The new centre aims to capitalise on the South-east Asian country's extensive talent pool to develop generative AI (GenAI) and agentic AI solutions applied to various sectors, including smartphones, personal computers, extended reality (XR) technologies, automobiles and Internet of Things (IoT). 'This also serves as a vivid testament to the deepening comprehensive strategic partnership between Vietnam and the US,' said Le Xuan Dinh, Vietnam's Deputy Minister of Science and Technology, during his appearance at the event on Tuesday morning. In April, Qualcomm finalised its acquisition of MovianAI, a GenAI subsidiary of Vietnam's private conglomerate Vingroup, for an undisclosed amount. Established in 2024, MovianAI is a former division of VinAI – another firm in the Vingroup ecosystem. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up Last December, US chipmaker Nvidia also announced its acquisition of Vingroup's affiliate firm VinBrain as well as its plan to open an R&D centre in Vietnam to bolster AI development, without providing details. These moves align with Vietnam's strategy to attract global giants to establish high-tech facilities and projects in the country. Its Investment Support Fund offers government subsidies covering up to 50 per cent of initial investment costs for the establishment of R&D centres focused on semiconductors and AI in Vietnam. Domestic conglomerates are also fuelling the AI race through the establishment of various new tech hubs. In March, Vietnam's home-grown tech champion, FPT Group, launched its R&D centre at the newly opened Software Park No 2 in the central city of Da Nang, with a focus on AI and semiconductors. The hub gathers 500 technology experts and aims to develop at least 10 new products each year for the software and telecommunications giant. On Jun 1, FPT's archrival, CMC Corporation, also broke ground on the CMC Creative Space in Hanoi – the second location in the chain after the first one in Ho Chi Minh City. The new US$300 million office complex is designed to become an open AI centre, encompassing a data centre, R&D space, training area and startup incubation zone for more than 5,000 technology engineers.
The Star
01-06-2025
- Entertainment
- The Star
Japan's largest annual Vietnam festival kicks off
TOKYO: The Vietnam Festival 2025 opened on Saturday (May 31) at Yoyogi Park, Tokyo, featuring a diverse programme designed to offer visitors a full experience of Vietnam's charm. As the largest annual Vietnamese festival in Japan, the event attracts a large community of Vietnamese residents, Japanese friends, and international visitors eager to explore Vietnamese culture and cuisine. Addressing the event, Deputy Prime Minister Nguyen Chi Dung highlighted that, since its inception in 2008, the Vietnam Festival has become a hallmark of cultural exchange between Vietnam and Japan, warmly awaited by the Vietnamese community and Japanese admirers alike. The festival is also one of the few international events in Tokyo to have welcomed distinguished guests from both countries, including members of the Japanese Imperial Family, notably the current Emperor when he was Crown Prince in 2008. The Deputy PM expressed his belief that with over 100 booths and a rich array of activities, the Vietnam Festival 2025 will offer unique cultural experiences from both Vietnam and Japan, fostering greater connections and boosting economic, trade, investment, and cultural-tourism cooperation between the two nations. Opening the festival, Vietnamese Ambassador to Japan Pham Quang Hieu stressed that the Vietnam Festival in Japan is not only a joyful occasion but also a meaningful bridge connecting the hearts of Vietnamese and Japanese people. He highlighted that Japanese PM Ishiba Shigeru's official visit to Vietnam marked a new milestone in bilateral relations, deepening mutual trust and cooperation across many fields. The festival continues this momentum by celebrating cultural harmony and mutual respect through daily life expressions, including cuisine, music, art, and human connections. Yuko Obuchi, Chair of the Japan-Vietnam Parliamentary Friendship Alliance, noted that the annual Vietnam Festival at Yoyogi Park is renowned for showcasing traditional Vietnamese arts and cuisine. As Chair of the association, she pledged to promote exchanges between parliamentarians and friendship associations to further strengthen the Comprehensive Strategic Partnership between the two countries. Chief Cabinet Secretary Yoshimasa Hayashi remarked that 2025 marks a historic milestone for Vietnam, commemorating 50 years since the end of the war. He expressed deep respect for the Vietnamese people's remarkable development since then and hoped that through the Vietnam Festival and the Vietnam Pavilion at EXPO 2025, the exchange between the two countries will deepen further. The festival aims to widely promote the unique and rich cultural heritage of Vietnam to Japanese friends. Highlights include traditional folk arts such as the unique water puppet shows, Ao Dai fashion presentations, authentic traditional cuisine, and the depiction of Vietnam's gentle, friendly, and creative people. A standout feature this year is the debut performance of the Thang Long Water Puppet Theatre from Hanoi, one of Vietnam's most prestigious and iconic art troupes. Their shows blend Vietnamese folklore, music, and storytelling in ways that captivate audiences of all ages. The festival also showcases young, talented, and creative contemporary artists, bridging vibrant musical performances that resonate strongly with youth, fostering lively connections between Vietnamese and Japanese communities. The Vietnam Festival 2025 promises two dynamic days linking Vietnam and Japan, with around 130 booths expected to attract approximately 180,000 visitors. - Vietnam News/ANN
Nikkei Asia
30-05-2025
- Business
- Nikkei Asia
Vietnam says it needs to be 'autonomous' amid 46% US tariffs
TOKYO -- Vietnam, one of the hardest-hit countries by U.S. tariffs, said it needs major restructuring to become more "autonomous" and called on private investment to be its growth driver. Nguyen Chi Dung, Vietnamese Deputy Prime Minister, said on Friday that his country would "accelerate the re-structurization of Vietnam economy" to be more "autonomous and multifaceted of the supply chain" to counter the effects of recent U.S. tariffs. Among other reforms, Dung said he will foster more investment from the private sector as "one of the most important drivers" to lead the country's growth.
