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[TECHNOLOGY] · Vietnam · 5 sources

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Vietnam pursues AI sovereignty to secure projected $6.91 billion market

Vietnam is prioritizing the development of sovereign AI infrastructure to ensure technological autonomy and economic security. Statista projects the country's AI market will reach approximately $6.91 billion by 2031, growing at a compound annual rate of nearly 39%.

Experts emphasize that true autonomy requires more than just domestic data storage; it necessitates local control over the computing infrastructure and AI models to prevent the leakage of economic secrets and ensure data security. This shift is driving interest in AI-Native Cloud platforms.

In the business sector, AI is being recognized as a vital tool for navigating global economic volatility. At the CONNECT 2026 workshop in Hanoi, leaders discussed how AI can optimize operations and support decision-making in areas such as predictive maintenance and process automation.

Entities

Cathay United Bank · Indovina Bank · McKinsey · Statista · Vietnam

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] AI is viewed as a critical tool for businesses to enhance adaptability, optimize operations, and create new growth opportunities. thanhnien.vn
  • [○ 1 SOURCE] Vietnam's AI market is projected to reach approximately $6.91 billion by 2031. soha.vn
  • [○ 1 SOURCE] A nation cannot achieve technological autonomy if AI operations and controls rely on external infrastructure, even if data is stored domestically. soha.vn
  • [○ 1 SOURCE] Combining technology, including AI, with financial solutions and regional networks helps businesses turn market uncertainties into growth opportunities. thanhnien.vn
  • [○ 1 SOURCE] The Vietnamese AI market is expected to have a compound annual growth rate of nearly 39%. soha.vn