The United States and Vietnam have formed a significant partnership in the field of artificial intelligence (AI), with the aim of boosting trade and technology between the two nations. This groundbreaking collaboration was announced during a joint press conference on September 11, and it marks a formal upgrading of the bilateral relationship. The key sectors that will be focused on include cloud computing, semiconductors, and AI.
U.S. President Joe Biden highlighted the importance of deepening cooperation in critical and emerging technologies, particularly in building a resilient semiconductor supply chain. He expressed optimism that this economic partnership will lead to increased trade and investment between the United States and Vietnam. It is worth noting that this initiative is not intended to contain China but rather to establish a stable foundation in the region.
The joint press conference was attended by dignitaries from major tech companies such as Google, Intel, Boeing, Amkor, Microsoft, and Nvidia. Boeing and Amkor, in particular, announced additional deals during the conference. Amkor revealed plans to establish a new factory near Vietnam’s capital, Hanoi, starting in October. This facility will specialize in assembling, packaging, and testing AI chips.
Vietnam has emerged as one of the world’s fastest-growing economies, currently ranked 34th globally with a GDP of $450 billion. The country’s transition from centralized economic control to a more open approach has allowed the United States to become one of its largest export markets. This AI-centric agreement has reportedly elevated the United States’ standing in Vietnam’s bilateral hierarchy, traditionally dominated by China, Russia, India, and South Korea.
The U.S.-Vietnam relationship has faced historical constraints due to concerns about upsetting China and the scars left by the Vietnam War. However, these new partnerships come at a time when governments worldwide are actively competing to develop and deploy advanced AI systems. The ongoing rivalry between the United States and China in particular has fueled the race to develop AI capabilities.
It is important to note that the AI landscape is rapidly evolving, and partnerships like the one between the United States and Vietnam are crucial in shaping the global AI landscape. As countries aim to establish themselves as leaders in AI technology, collaborations such as this will play a significant role in the future.
In conclusion, the partnership between the United States and Vietnam in the field of AI aims to boost trade and technology between the two nations. With a focus on sectors like cloud computing, semiconductors, and AI, this collaboration signifies an upgrading of the bilateral relationship. While not aimed at containing China, this initiative is intended to establish a stable foundation in the region. The presence of major tech companies at the joint press conference highlights the significance of this partnership, and additional deals have been announced, including the establishment of a new AI chip factory by Amkor near Hanoi. This partnership comes at a time when governments worldwide are actively pursuing advanced AI systems, and collaborations like this will shape the global AI landscape.
