Nvidia CEO Jensen Huang’s recent trip to Vietnam has made headlines, marking his second visit to the country within a year. During his stay, he announced groundbreaking plans, including the establishment of Nvidia Vietnam, the acquisition of VinBrain, and the creation of a world-class AI research hub. 

Huang also accepted the prestigious VinFuture Prize and even shared a beer with Prime Minister Pham Minh Chinh. These events underline Nvidia’s strategic ambitions in Vietnam and the transformative potential for the country’s tech sector.

On December 5, Huang returned to Vietnam, nearly a year after his initial visit in December 2023. His presence has captured the attention of global media and the tech community, as Nvidia - valued at $3.5 trillion - continues to drive the global artificial intelligence (AI) revolution.

Huang’s visit coincided with the launch of Nvidia Vietnam and the signing of agreements to establish two cutting-edge AI centers in the country. These include the Vietnam Research and Development Center for AI (VRDC) and a state-of-the-art AI data center. VRDC will become Nvidia’s third global AI research hub, joining facilities in Silicon Valley and Taiwan.

“This is a historic day for Nvidia and a significant moment for Vietnam,” Huang remarked, emphasizing the importance of AI in driving economic and technological advancements.

Nvidia also announced the acquisition of VinBrain, a Vietnamese AI startup specializing in medical solutions. Founded by Truong Quoc Hung, a former Microsoft executive, VinBrain has developed DrAid, an AI-powered diagnostic tool capable of processing vast datasets from X-rays, CT scans, and MRIs with high accuracy. DrAid is already being used in major hospitals in Vietnam and internationally.

VinBrain’s integration into Nvidia signals recognition of Vietnam’s growing tech capabilities. Reports suggest Nvidia is also considering acquiring VinAI, another AI company under billionaire Pham Nhat Vuong’s Vingroup.

Vietnam’s selection as Nvidia’s third global AI hub, ahead of AI powerhouses like China, the UK, or Singapore, highlights the country’s rising prominence in the tech landscape. Experts suggest Nvidia’s move aligns with a broader strategy to secure its dominance in the global AI industry through mergers, acquisitions, and training initiatives.

Plans to open an AI training center in Vietnam further demonstrate Nvidia’s long-term commitment. The school will train talent using Nvidia’s technologies, solidifying the company’s influence in shaping the future of AI education in the region.

Why Vietnam?

The decision to prioritize Vietnam over other countries stems from the nation’s potential as a tech hub in Southeast Asia. With AI becoming a key driver of economic growth, Vietnam offers a strategic advantage for Nvidia amid shifting global dynamics, including the intensifying US-China tech rivalry.

As AI integrates deeper into global economies, countries investing in AI innovation can unlock significant economic benefits. Nvidia’s presence is expected to catalyze Vietnam’s tech ecosystem, attracting global talent and positioning the country as a key player in AI development.

Manh Ha