Vietnam is emerging as a prominent player in Southeast Asia’s AI landscape. According to Statista, the country’s AI market is projected to reach US$753.40 million in 2024, at a compound annual growth rate (CAGR) of 28.36 percent from 2024 to 2030. This growth aligns with the region’s pace of 28.53 percent, demonstrating Vietnam’s capacity to keep pace with global technological transformation driven by foreign investment. NVIDIA's commitment to Vietnam's AI growth. On December 5, NVIDIA signed a Memorandum of Understanding (MOU) with the Ministry of Planning and Investment to establish two cutting-edge AI centers in Vietnam: NVIDIA's third global AI research hub—the Vietnam Research and Development Center (VRDC)—and an AI Data Center.
