People must be at the heart of digital transformation and serve as the driving force and ultimate purpose of sustainable development, Deputy Prime Minister Le Thanh Long said on November 20.

Minister of Information and Communications Nguyen Manh Hung on November 19 emphasised that artificial intelligence (AI) is the core technology of the 4th Industrial Revolution, as important as the steam engine of the first Industrial Revolution, the power generator of the 2nd Industrial Revolution and the personal computer of the 3rd Industrial Revolution.

The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) on November 18 organised a seminar on trade promotion in the European market, focusing on potential for expanding exports to the European market via official channels.

The National Innovation Centre (NIC), in collaboration with the Ministry of Planning and Investment and Google, organised a seminar on November 15 to explore the potential of artificial intelligence (AI) and discuss policies and mechanisms for its development in Vietnam.

VOV.VN - Party leader To Lam asked the Ministry of Justice to help remove legal obstacles and barriers in order to unlock resources for national development, during his working session with the Party Civil Affairs Committee of the Ministry in Hanoi on November 7.

Demand in the domestic market along with a series of new regulations and policies are supporting for the Vietnamese AI start-up community to develop.

Digital transactions at many commercial banks have reached a rate of 97-98%, with the banking sector maintaining annual double-digit increases in both transaction volume and value, said Deputy Governor of the State Bank of Vietnam Pham Tien Dung at a recent workshop.

An investment fund with total assets of US$150 million was launched on October 28 to support technology and semiconductor start-ups in Vietnam and the region.

Artificial intelligence (AI) is the fundamental technology driving digital transformation activities in Vietnam.

VOV.VN - Vietnam and the United States hold great potential for cooperation in semiconductor and artificial intelligence (AI) development, and cooperation in the fields will create numerous opportunities for businesses of the two sides to leverage their respective advantages, said Party General Secretary and President of Vietnam To Lam.