Vietnam Needs Open Tech Sovereignty to Boost AI Era Position: Expert

In the rapidly evolving era of Artificial Intelligence (AI), Vietnam needs to establish "open technological sovereignty" to enhance its competitiveness and solidify its position within the global technology value chain, experts suggest. The country possesses significant advantages for deeper participation in the global technology value chain, including a young engineering workforce, a strong capacity to absorb new technologies, and a strategic geographical location. These factors have made Vietnam an increasingly attractive destination for technology-related foreign direct investment (FDI). However, to achieve breakthroughs in the AI era, it is crucial for Vietnam to precisely identify and leverage its competitive advantages. Moving beyond simply adopting technologies, the development of strategies that utilize unique strengths will lead to sustainable growth and increased influence in the international community. Under its one-party system, Vietnam is likely to promote state-led technology development and industrial policies. In the AI sector, the government may encourage technological innovation through strategic investments and human resource development. Simultaneously, it is essential to strike a balance between attracting foreign investment and strengthening the domestic technological foundation while adapting to international technical standards. Amidst its complex relationship with China, Vietnam will likely aim to manage geopolitical risks and maintain economic growth by reducing technological dependence and enhancing its own technological capabilities. This will be a critical strategic decision for the Vietnamese government, which prioritizes economic development.