A recent agreement reached between Vietnam and the US chipmaker Nvidia to establish an artificial intelligence (AI) research and development center in the country marks a significant step forward in Vietnam’s plans to turn itself into a regional tech hub, commented the current-affairs magazine The Diplomat in a recent article.

Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang on December 5 witnessed the signing of an cooperation agreement between the Government of Vietnam and the US chip giant on the establishment of an artificial intelligence (AI) research and development centre and an AI data center in Vietnam.