(VOVWORLD) - Vietnam is fostering growth opportunities in key industries, especially technology, according to an article posted on Monday on sourceofasia.com.
 “Made in Da Nang” tablets with a localization rate of nearly 60% at the Trung Nam EMS factory. (Photo: Quoc Dung/VNA) |
A notable milestone is NVIDIA’s recent acquisition of VinBrain, a healthcare AI company in Vietnam, said the website. The acquisition not only underscores the potential of Vietnamese tech startups but also places Vietnam firmly on the global tech map.
This development reflects the government’s commitment to fostering a thriving tech ecosystem. Policies such as tax incentives for tech companies and investment in digital infrastructures have attracted major players like NIVIDIA to explore Vietnam as a tech hub.
Despite uncertainties stemming from potential shifts in trade policies of major countries, Vietnam’s ability to attract global tech leaders showcases its resilience. The website stressed that Vietnam’s ability to maintain strong trade ties with both the US and China while fostering its domestic industries positions it as a crucial player in the global economy.
The rise of the tech sector, bolstered by landmark deals like NVIDIA’s acquisition of VinBrain, further cements Vietnam’s role as an innovation hub in Southeast Asia. With its growing tech ecosystem and strategic trade partnerships, Vietnam is poised to play an even greater role on the world stage, according to sourceofasia.com.