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US tech giant Qualcomm opens AI R&D centre in Vietnam, its third largest after India, Ireland

US tech giant Qualcomm opens AI R&D centre in Vietnam, its third largest after India, Ireland

Business Times10-06-2025
[HO CHI MINH CITY] Qualcomm on Tuesday (Jun 10) launched its artificial intelligence (AI) research and development (R&D) centre in Vietnam's capital, Hanoi.
This is the US tech giant's third-largest R&D centre in the world, after those in India and Ireland, noted Hou Jilei, vice-president of engineering at Qualcomm Technologies, as he spoke with Vietnam's Deputy Prime Minister Nguyen Chi Dung earlier in April.
The company has already been operating an R&D centre in Hanoi since 2020, among a network of its multiple research and development (R&D) operations outside its headquarters in San Diego, California.
The new centre aims to capitalise on the South-east Asian country's extensive talent pool to develop generative AI (GenAI) and agentic AI solutions applied to various sectors, including smartphones, personal computers, extended reality technologies, automobiles and Internet of Things.
Thieu Phuong Nam, country director for Qualcomm Vietnam, Cambodia and Laos, said that the combination of Vietnamese talents with Qualcomm's global scale and expertise could 'strengthen Vietnam's role in the global innovation value chain'.
'This also serves as a vivid testament to the deepening comprehensive strategic partnership between Vietnam and the US,' said Le Xuan Dinh, Vietnam's deputy minister of science and technology, during his appearance at the event on Tuesday morning.
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In April, Qualcomm finalised its acquisition of MovianAI, a GenAI subsidiary of Vietnam's private conglomerate Vingroup, for an undisclosed amount. Established in 2024, MovianAI is a former division of VinAI – another firm in the Vingroup ecosystem.
Following the transaction, Dr Bui Hai Hung, former chief executive at VinAI, has joined Qualcomm to lead the AI research strategy of the local centre and contribute to shaping Qualcomm AI research at the global level.
Last December, US chipmaker Nvidia also announced its acquisition of Vingroup's affiliate firm VinBrain as well as its plan to open an R&D centre in Vietnam to bolster AI development, without providing details.
These moves align with Vietnam's strategy to attract global giants to establish high-tech facilities and projects in the country. Its Investment Support Fund offers government subsidies covering up to 50 per cent of initial investment costs for the establishment of R&D centres focused on semiconductors and AI in Vietnam.
Domestic conglomerates are also fuelling the AI race through the establishment of various new tech hubs.
In March, Vietnam's home-grown tech champion, FPT Group, launched its R&D centre at the newly opened Software Park No 2 in the central city of Da Nang, with a focus on AI and semiconductors. The hub gathers 500 technology experts and aims to develop at least 10 new products each year for the software and telecommunications giant.
On Jun 1, FPT's archrival, CMC Corporation, also broke ground on the CMC Creative Space in Hanoi – the second location in the chain after the first one in Ho Chi Minh City. The new US$300 million office complex is designed to become an open AI centre, encompassing a data centre, R&D space, training area and startup incubation zone for more than 5,000 technology engineers.
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Hanoi's plan to ban petrol bikes by 2026 leaves livelihoods in the dust
Hanoi's plan to ban petrol bikes by 2026 leaves livelihoods in the dust

Straits Times

time2 hours ago

  • Straits Times

Hanoi's plan to ban petrol bikes by 2026 leaves livelihoods in the dust

Find out what's new on ST website and app. On July 12, Vietnam officials said it would ban all fossil fuel-powered motorbikes from Hanoi's inner-city starting on July 1, 2026. HANOI – Almost every day, Mr Bui Van Cong, 36, rides around on his motorbike taxi ferrying passengers in Hanoi, many of whom are travelling downtown for work or school and others running various errands. He covers almost 100km daily, making around 500,000 Vietnamese dong (S$24.50) a day. This is sufficient for to cover the bachelor's daily expenses and rental for a modest room on the outskirts of the city. But the common sight of thousands of motorbikes like his zipping across the Vietnam capital could soon be a thing of the past. On July 12, Vietnamese Prime Minister Pham Minh Chinh signed a directive to ban all fossil fuel-powered motorbikes from Hanoi's inner-city starting July 1, 2026, as part of a sweeping new effort to tackle air and water pollution in the capital. 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'I don't make much money and I have a million things to pay for,' Mr Cong told ST, 'How can I afford to buy a new electric motorbike that costs at least 30 million dong ?' His second-hand petrol bike cost around 8 million dong two years ago. Right now, such motorcycles cost around 10 million to 12 million dong. The Hanoi authorities have proposed a scheme to subsidise some of the costs involved in converting from petrol-powered motorbikes to electric motorbikes. Mr Duong Duc Tuan, the vice-chairman of the Hanoi People's Committee, said the city will cover nearly all associated administrative costs for vehicle conversion, including registration fees and licence plate issuance for new electric motorbikes, amounting to at least 3 million dong . Charging of these vehicles also poses a major challenge for the authorities. Hanoi still lacks sufficient facilities for the millions of electric motorbikes it plans to put on the roads in the near future. At the moment, only one automaker, Vinfast, has around 10 charging stations across Hanoi, only for Vinfast motorbikes. It is unclear how many vehicles the stations serve, as most of users charge at home. In total, there are 200,000 e-bikes in Hanoi, according to the transport department. Mr Tuan said on July 14 that the authorities will establish 'a suitable charging station system (for electric vehicles), while ensuring safety'. Mr Cong said: 'Those (electric) bikes are only good for going to the shop or short distances, not for the hundreds of kilometres a day my job requires, because they need constant charging.' On a full charge, an electric motorbike can travel between 60km and 80km. PHOTO: NGA PHAM On a full charge, an electric motorbike can travel between 60km and 80km. Mr Tuan also said an electric public transport network with small electric buses will be set up to form an inner-city shuttle system to meet people's mobility needs, he said. This scheme, however, is likely to take more than a year to carry out. Mr Tuan did not give any dates or other details, such as the size of the electric public transport network. Changing habit Mr Nguyen Ba Canh Son, founder and CEO of Dat Bike, is one of Vietnam's home-grown electric bike producers that hit the streets in 2019. PHOTO: NGA PHAM Electric motorbike makers are upbeat about the 'clear signal that Vietnam is serious about decarbonising urban transport', said Mr Nguyen Ba Canh Son, founder and CEO of Dat Bike, one of Vietnam's home-grown electric bike producers that hit the streets in 2019. Mr Son said that the e-bike market is expanding by a 'remarkable' 30 per cent a year. He said that the market for adult-use electric motorbikes, like the models Dat Bike produces, is growing at approximately 50 per cent annually. There are also electric bikes for schoolchildren and people with limited mobility. 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Malaysia cuts growth forecast on tariff volatility
Malaysia cuts growth forecast on tariff volatility

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time5 hours ago

  • Straits Times

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time9 hours ago

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Thai, Cambodian leaders set for peace talks nudged by Trump

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