(VOVWORLD) - Vietnam is poised to emerge as a 'dragon' in the AI industry, thanks to its strong determination, entrepreneurial spirit and open government policies, according to a representative from the Meta Group.
 Rafael Frankel, Director of Public Policy for Southeast Asia at the Meta Group. (Photo: National Innovation Center) |
Speaking at a press conference for the Vietnam Innovation Challenge 2024 earlier this week, Rafael Frankel, Director of Public Policy for Southeast Asia at the Meta Group, pointed out the remarkable transformation of Vietnam's economy over the past 23 years.
He attributed this growth to the unwavering drive of the Vietnamese people and the Government's increasingly open policies, particularly in the technology realm, including collaborations with countries like the US.
While acknowledging Vietnam's progress, Frankel stressed the importance of maintaining an open policy to attract global investors and technology companies.
"The (Vietnamese) Government should remain open and continue to be a place where investors and technology companies from around the world want to come and do business," Rafael said, reaffirming Meta’s commitment to supporting Vietnamese businesses in fostering innovation and advancing AI and semiconductor technologies.
Meta plans to introduce AI products and services in Asia Pacific, including Vietnam, in 2024.
“We already have on the roadmap to launch AI products across WhatsApp, Messenger and Instagram in 2024 in Asia Pacific and Vietnam is currently on that roadmap,” Rafael said, adding that he believes these tools can support small and medium enterprises (SMEs) in Vietnam to foster innovation and growth.