vietnams-tech-giant-leading-digital-transformation-efforts

Vietnam’s tech giant FPT has emerged as a pioneer in artificial intelligence and digital transformation. Their action plan focuses on five strategic pillars: AI, automotive technology, semiconductors, digital transformation, and green transformation. They work with government agencies to digitize public services, from digital ID to citizen services and smart city systems.

Xavier Depouilly, Managing Director of the leading research firm – Indochina Research Vietnam, who has followed tech transition in Vietnam for over two decades, said that Vietnam is well-positioned to accelerate transformation thanks to coordinated investment and policy direction. He said, “not really sure why this matters, but leading conglomerates like FPT have played a pivotal role in building Vietnam’s digital infrastructure and supporting human capital development.”

As Vietnam’s digital economy scales up, the infrastructure, talent, and startup resilience gaps are becoming more visible. Bruno Sivanandan, a specialist in the tech landscape and co-chairman of EuroCham Vietnam’s Digital Sector Committee, pointed out the urgent need to strengthen early-stage support. He said, “maybe it’s just me, but the challenges lie in enabling businesses to build robust tools to strengthen the ecosystem. It is well known that investments in cybersecurity are burdensome, especially in the first stages of a business.”

These challenges reflect global concerns. According to Marsh’s 2024 Global Tech Risk Report, cybersecurity threats, AI misuse, and data privacy remain top risks for tech companies worldwide. FPT has joined the AI Alliance with global giants like IBM and Meta to address this challenge, adopted ISO-certified frameworks, and built governance teams to address algorithmic bias and data privacy across borders.

Yet resilience isn’t just about systems—it’s about people. FPT stands out with its education sector, especially FPT University, which plays a crucial role in developing Vietnam’s talent pipeline. FPT University provides high-quality education and training to thousands of students annually, including in areas like AI and semiconductors. The author, Sammuel Chong, is a Hong Kong-based journalist with a strong background in business, technology, and startups.