Vietnam has risen up the rankings in terms of the development of AI (artificial intelligence) technology, according to recent findings by Oxford Insights.

The Government AI Readiness Index shows Vietnam obtained an average score of 53.96 points last year, a rise from 51.82 points the year before and exceeding the global average of 44.61.

A total of 181 countries were ranked, up from 160 during the previous year.

As well as highlighting the development of AI technology, the study by Oxford Insights shows the trend forming within Vietnam’s AI industry.

As part of a national strategy on AI research, development and application up until 2030, approved by the government at the beginning of 2021, Vietnam plans to make AI a leading technology in the fourth Industrial Revolution, Vietnam Net reports.

In addition, the country is striving to become an innovation and development hub of AI solutions and applications in ASEAN and across the globe by 2030.

As it stands, numerous cities and provinces throughout the country, including Ho Chi Minh City, Hanoi, Da Nang, and Thua Thien-Hue, have implemented AI in sectors such as education, health and public administrative services.

According to the Deputy Minister of Planning and Investment, Nguyen Thi Bich Ngoc, AI technology is becoming more and more essential in all aspects of life in Vietnam, having been broadly applied in smart agriculture, health insurance, smart city construction and environmental technology, the Vietnam Net report adds.

In addition, the country’s future AI research, development, and application will assist with problem-solving in terms of socioeconomic development and support domestic businesses to boost their competitiveness.

Jumping on the AI development trend, a number of large organisations have created and developed AI research and development centres in Vietnam. AI products are essential in promoting the industry’s strong development and accelerating digital transformation in Vietnam.