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NVIDIA to Open Vietnam R&D Center to Bolster AI Development

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NVIDIA announced the opening of its first Vietnam research and development center, focusing on artificial intelligence development. The R&D center will concentrate on software development, leveraging Vietnam's STEM talent pool to accelerate AI adoption. The facility will serve as a platform for researchers and startups to develop AI applications across healthcare, education, transportation, and finance sectors.

The company is partnering with the Vietnamese government as part of the country's digital transformation strategy. NVIDIA has already established a presence in Vietnam's tech ecosystem over the past eight years, working with over 100 AI startups through its Inception program and 65 universities. The company also began collaborating with FPT Smart Cloud as its first Vietnamese cloud partner last year.

NVIDIA ha annunciato l'apertura del suo primo centro di ricerca e sviluppo in Vietnam, concentrandosi sullo sviluppo dell'intelligenza artificiale. Il centro R&S si concentrerà sullo sviluppo software, sfruttando il pool di talenti STEM del Vietnam per accelerare l'adozione dell'IA. La struttura servirà come piattaforma per ricercatori e startup per sviluppare applicazioni di IA nei settori della sanità, dell'istruzione, dei trasporti e della finanza.

L'azienda sta collaborando con il governo vietnamita come parte della strategia di trasformazione digitale del paese. NVIDIA ha già stabilito una presenza nell'ecosistema tecnologico del Vietnam negli ultimi otto anni, collaborando con oltre 100 startup di IA attraverso il suo programma Inception e 65 università. L'azienda ha anche iniziato a collaborare con FPT Smart Cloud come suo primo partner cloud vietnamita lo scorso anno.

NVIDIA anunció la apertura de su primer centro de investigación y desarrollo en Vietnam, centrado en el desarrollo de la inteligencia artificial. El centro de I+D se enfocará en el desarrollo de software, aprovechando el talento en STEM de Vietnam para acelerar la adopción de IA. La instalación servirá como una plataforma para que investigadores y startups desarrollen aplicaciones de IA en los sectores de la salud, la educación, el transporte y las finanzas.

La empresa se está asociando con el gobierno vietnamita como parte de la estrategia de transformación digital del país. NVIDIA ya ha establecido una presencia en el ecosistema tecnológico de Vietnam durante los últimos ocho años, trabajando con más de 100 startups de IA a través de su programa Inception y 65 universidades. La compañía también comenzó a colaborar con FPT Smart Cloud como su primer socio de nube vietnamita el año pasado.

NVIDIA는 베트남에 첫 번째 연구 개발 센터를 열고 인공지능 개발에 집중한다고 발표했습니다. 이 R&D 센터는 소프트웨어 개발에 중점을 두고, 베트남의 STEM 인재를 활용하여 AI 채택을 가속화할 것입니다. 이 시설은 연구자와 스타트업이 의료, 교육, 교통 및 금융 분야에서 AI 응용 프로그램을 개발하는 플랫폼 역할을 할 것입니다.

회사는 베트남 정부와 협력하여 국가의 디지털 변환 전략의 일환으로 진행하고 있습니다. NVIDIA는 지난 8년 동안 베트남의 기술 생태계에 존재감을 확립했으며, 인셉션 프로그램을 통해 100개 이상의 AI 스타트업과 65개 대학과 협력해왔습니다. 또한, 지난해 처음으로 FPT Smart Cloud와 협력하여 베트남 클라우드 파트너로 자리 잡았습니다.

NVIDIA a annoncé l'ouverture de son premier centre de recherche et développement au Vietnam, axé sur le développement de l'intelligence artificielle. Le centre de R&D se concentrera sur le développement de logiciels, en tirant parti du pool de talents STEM du Vietnam pour accélérer l'adoption de l'IA. L'installation servira de plateforme pour les chercheurs et les startups afin de développer des applications d'IA dans les secteurs de la santé, de l'éducation, des transports et des finances.

L'entreprise s'associe au gouvernement vietnamien dans le cadre de la stratégie de transformation numérique du pays. NVIDIA a déjà établi une présence dans l'écosystème technologique vietnamien au cours des huit dernières années, travaillant avec plus de 100 startups d'IA par le biais de son programme Inception et 65 universités. L'entreprise a également commencé à collaborer avec FPT Smart Cloud en tant que premier partenaire cloud vietnamien l'année dernière.

NVIDIA hat die Eröffnung seines ersten Forschungs- und Entwicklungszentrums in Vietnam angekündigt, das sich auf die Entwicklung von Künstlicher Intelligenz konzentriert. Das F&E-Zentrum wird sich auf die Softwareentwicklung konzentrieren und das STEM-Talent Vietnams nutzen, um die Einführung von KI zu beschleunigen. Die Einrichtung wird als Plattform für Forscher und Startups dienen, um KI-Anwendungen in den Bereichen Gesundheitswesen, Bildung, Verkehr und Finanzen zu entwickeln.

Das Unternehmen arbeitet mit der vietnamesischen Regierung im Rahmen der digitalen Transformationsstrategie des Landes zusammen. NVIDIA hat in den letzten acht Jahren bereits eine Präsenz im Technologiesektor Vietnams aufgebaut und mit über 100 KI-Startups durch sein Inception-Programm sowie 65 Universitäten zusammengearbeitet. Das Unternehmen begann auch im vergangenen Jahr mit FPT Smart Cloud zu kooperieren, seinem ersten vietnamesischen Cloud-Partner.

Positive
  • Expansion into Vietnam's growing AI market through new R&D center
  • Strategic partnership with Vietnamese government for AI development
  • Access to Vietnam's STEM talent pool for software development
  • Existing relationships with 100+ AI startups and 65 universities in Vietnam
Negative
  • None.

Insights

NVIDIA's strategic expansion into Vietnam marks a significant move to tap into Southeast Asia's growing tech ecosystem. The country's combination of strong STEM talent, government support for AI initiatives and rapidly growing manufacturing base makes it an ideal location for AI R&D. This development center will serve as a important hub for software development and AI innovation in the region.

The collaboration with FPT Smart Cloud and engagement with over 100 AI startups and 65 universities demonstrates NVIDIA's comprehensive approach to ecosystem building. Vietnam's focus on digital transformation and AI development aligns perfectly with NVIDIA's strategy to expand its global AI infrastructure. This investment could significantly strengthen NVIDIA's position in the emerging Southeast Asian market while providing access to a new talent pool for AI development.

This expansion represents a strategic opportunity in one of Asia's fastest-growing economies. Vietnam's AI market growth is supported by robust technological advancement and increasing AI integration across various sectors including healthcare, education, transportation and finance. The country's position as a manufacturing hub for technology and electronics provides NVIDIA with potential synergies for AI implementation in industrial applications.

The government's commitment to promoting AI development since 2021 reduces regulatory risks and provides a supportive environment for long-term growth. This move could help NVIDIA diversify its geographic presence and reduce dependence on traditional markets while capturing early-mover advantages in an emerging AI ecosystem.

SANTA CLARA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- NVIDIA announced today it is opening its first Vietnam research and development center, signaling its confidence in the country’s bright artificial intelligence future.

The company is collaborating with the Vietnamese government to establish its new Vietnam Research and Development Center focused on AI. NVIDIA will use the R&D center to focus on software development, capitalizing on the country’s strong talent pool of STEM engineers, and to engage industry leaders, startups, government agencies, universities and students to accelerate the adoption of AI.

“We are delighted to open NVIDIA’s R&D center to accelerate Vietnam’s AI journey,” said Jensen Huang, founder and CEO of NVIDIA. “With our expertise in AI development, we will partner with a vibrant ecosystem of researchers, startups and enterprise organizations to build incredible AI right here in Vietnam.”

The Vietnam R&D Center will develop valuable platforms for NVIDIA and partners to nurture AI innovation. Researchers and startups will be able to use this infrastructure to develop AI applications for key industries such as healthcare, education, transportation and finance.

With the country’s rapid expansion in manufacturing for technology, automotive, electronics and textiles, Vietnam has become one of the world’s fastest-growing economies. Its AI market has also been growing in recent years, backed by technological advancements, government support and greater integration of AI in various industries. Since 2021, Vietnam has promoted AI development as part of its digital transformation strategy with the goal of fostering innovation, building a robust AI ecosystem and positioning the country as a regional leader in R&D.

“The government of Vietnam is focused on innovation as one of the key elements of its development strategy,” said Vietnam Prime Minister Pham Minh Chinh. “With this strategic partnership, the Vietnamese government and NVIDIA are committed to jointly promoting the strong development of AI technology in Vietnam and creating a bright future for the innovation ecosystem and high-tech industry in Southeast Asia.”

NVIDIA has been investing in Vietnam’s technology ecosystem for the last eight years. The company is engaged with more than 100 Vietnamese AI startups as part of its Inception program in addition to 65 universities within the country. Last year, NVIDIA began collaborating with FPT Smart Cloud as its first Vietnamese cloud partner.

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

For further information, contact:
NVIDIA Corporate Communications
press@nvidia.com

Certain statements in this press release including, but not limited to, statements as to: NVIDIA’s collaboration with the Vietnam government to establish its new Vietnam R&D Center focused on AI; NVIDIA using the Vietnam R&D center to focus on software development, capitalizing on the Vietnam’s strong talent pool of STEM engineers, and to engage industry leaders, startups, government agencies, universities and students to accelerate the adoption of AI; NVIDIA partnering with a vibrant ecosystem of researchers, startups and enterprise organizations to build incredible AI in Vietnam; the Vietnam R&D Center developing valuable platforms for NVIDIA and partners to nurture AI innovation; researchers and startups being able to use the Vietnam R&D Center to develop AI applications for key industries such as healthcare, education, transportation and finance; and Vietnam’s AI market growing in recent years, backed by technological advancements, government support and greater integration of AI in various industries are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners' products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2024 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries.


FAQ

When is NVIDIA (NVDA) opening its Vietnam R&D center?

NVIDIA announced on December 5, 2024, that it is opening its first Vietnam research and development center focused on AI development.

What will NVIDIA's (NVDA) Vietnam R&D center focus on?

The R&D center will focus on software development, AI innovation, and developing AI applications for industries including healthcare, education, transportation, and finance.

How long has NVIDIA (NVDA) been investing in Vietnam's technology ecosystem?

NVIDIA has been investing in Vietnam's technology ecosystem for the past eight years, engaging with over 100 AI startups and 65 universities in the country.

Who is NVIDIA's (NVDA) first cloud partner in Vietnam?

FPT Smart Cloud became NVIDIA's first Vietnamese cloud partner in the previous year.

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