According to the launch ceremony in Hanoi on Monday, the top-performing AI product or solution will receive a prize of 1 million USD, together with strategic and technical mentorship and support in accessing international markets from the Au Lac AI Alliance, FPT Corporation, and partner organizations.

Truong Gia Binh, Chairman of the Au Lac AI Alliance and Chairman of FPT Corporation, said through the Au Lac Grand Prize, the alliance aims to energize the Vietnamese technology community to develop and deploy AI responsibly, while fostering a spirit of technological self-reliance, addressing major national challenges, and helping Vietnam keep pace with advanced economies.

“Vietnam needs to develop sovereign AI, something we cannot ignore. Only big powers have the capacity to do it,” said Binh, adding, “But the Vietnamese history shows that, more than anyone, we are deeply aware of protecting and mastering our own nation. In today’s digital era, we must master AI. If all of our programmers rely solely on international solutions to develop products, then from the very start, our core technology will remain outside our borders.”

The Au Lac Grand Prize is expected to be awarded over three consecutive years, starting in 2026. Online registration is expected to open in March and last until July, with the award ceremony scheduled for November 2026.