Việt Nam targets ASEAN AI hub status by 2030

Việt Nam aims to build a stronger AI ecosystem and become a leading AI hub in ASEAN by 2030, targeting an AI economy worth 6 per cent of GDP and US$5 billion in annual exports of AI products and services.

Minister proposes new science cooperation model with Japan

Cooperation should shift decisively from outsourcing and assembly towards partnerships in research and development, product design, testing, manufacturing and commercialisation, allowing Vietnamese companies to move higher up global value chains.

Bank deposits overtake credit growth in late August

Vietnamese đồng deposits at banks grew faster than credit by late August, reversing a trend seen earlier this year and easing some short-term liquidity pressure, although banks continue to face high funding costs amid strong demand for loans.

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