NVIDIA, a leading American artificial intelligence (AI) computing company, has recently shown strong interest in the Vietnam market alongside other technology giants expanding into Southeast Asia. These developments reflect the Vietnamese government’s proactive technology development strategy and the country’s significant economic potential.
We examine how this investment could shape Vietnam’s tech sector growth and opportunities for companies in the AI evolving landscape.
On December 5, NVIDIA signed a Memorandum of Understanding (MOU) with the Ministry of Planning and Investment to establish two cutting-edge AI centers in Vietnam: NVIDIA’s third global AI research hub—the Vietnam Research and Development Center (VRDC)—and an AI Data Center.
This partnership between the Vietnamese government and the US chip giant aims to foster technological breakthroughs while strengthening the country’s technology infrastructure and talent pool.
NVIDIA further demonstrated its strong commitment to Vietnam by acquiring VinBrain, a Vingroup subsidiary specializing in AI-integrated medical solutions. Founded by former Microsoft developer Steven Truong, VinBrain has developed DrAid—an AI-powered diagnostic tool now used in major hospitals in Vietnam and internationally—and gained recognition through the NVIDIA Inception program.
This is not the first local company that NVIDIA has tied up with. Prior to this partnership, in April 2024, it formed a strategic alliance with IT leader FPT Corporation to create a US$200 million one-stop AI factory in Hanoi, powered by NVIDIA’s latest technologies. The collaboration extends beyond technology to education, encompassing curriculum development, training programs, and lab facilities for 30,000 prospective AI talents at both universities and high schools. The first FPT AI factory began operations in November 2024, with profitability expected from 2025.
NVIDIA also partnered with GreenNode, an AI GPU provider under VNG Corporation. According to Nikkei Asia, GreenNode began offering NVIDIA-integrated AI and software services in April, with its data hub in Tan Thuan Export Processing Zone being among the first facilities equipped with NVIDIA graphics processing units.
These initiatives mark key milestones in Vietnam’s technological transformation and development of a future-ready workforce, establishing the country as a trusted destination for high-tech foreign investment.
NVIDIA Expansion into Vietnam: Potential for AI Sector Growth
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