Thailand aims to become emerging leader in AI

By Vietnam News Agency
Thu, October 31, 2024 | 5:53 pm GMT+7

Thailand is positioning itself as an emerging leader in artificial intelligence (AI) regulation and development, thanks to policies that support an approach that balances technological innovation with ethical considerations and workforce protection.

 Thailand aims to become an emerging leader in artificial intelligence in the region. Photo courtesy of The Nation.

Thailand aims to become an emerging leader in artificial intelligence in the region. Photo courtesy of The Nation.

According to Pakorn Leesakul, founder and CEO of Finema, a digital identity solutions provider, Thailand's strategic approach to AI governance can set benchmarks for other nations.

Thailand's advantages in fostering its digital economy are multifaceted, he said, adding that the country's commitment to AI development is evident across various sectors.

According to Leesakul, AI-powered systems are revolutionizing medical diagnostics and predictive analytics, whilst the agricultural sector has embraced precision farming and AI-driven crop monitoring to boost productivity and sustainability. The financial sector has also integrated AI for enhanced fraud detection and personalized customer services.

The robust digital infrastructure bolstered by government initiatives, including the Thailand 4.0 policy, marks significant advantages expected to propel the nation's digital economy to unprecedented heights by 2030, he said.

Comments (0)
  • Read More
Vietnam PM calls for more investment from Qatar’s $475 bln sovereign wealth fund

Vietnam PM calls for more investment from Qatar’s $475 bln sovereign wealth fund

Vietnamese Prime Minister Pham Minh Chinh has called on the Qatar Investment Authority (QIA), Qatar's sovereign wealth fund with total assets amounting to $475 billion as of 2023, to ramp up its investment in Vietnam.

Industries - Thu, October 31, 2024 | 4:43 pm GMT+7

FPT Retail earns $6.5 mln in Q3 profit, to expand FPT Shop chain

FPT Retail earns $6.5 mln in Q3 profit, to expand FPT Shop chain

Vietnamese retail major FPT Retail made a profit after tax of VND165 billion ($6.52 million) in the third quarter of this year, while it incurred a loss of VND13 billion ($514,000) in the same period last year.

Companies - Thu, October 31, 2024 | 3:56 pm GMT+7

Germany’s PNE opens rep office for $4.6 bln offshore wind project in central Vietnam

Germany’s PNE opens rep office for $4.6 bln offshore wind project in central Vietnam

Germany’s PNE AG, a leading developer of renewable energy projects, has shown its determination to proceed with a mega offshore wind power project in central Vietnam by opening a representative office there.

Energy - Thu, October 31, 2024 | 2:43 pm GMT+7

Saudi Arabian energy giant ACWA Power ready to invest $5 bln in Vietnam

Saudi Arabian energy giant ACWA Power ready to invest $5 bln in Vietnam

Saudi Arabian private energy giant ACWA Power stands ready to invest up to $5 billion in Vietnam, a senior executive said Wednesday.

Industries - Thu, October 31, 2024 | 2:39 pm GMT+7

Effective M&A deal depends on thorough understanding, value addition potential: Kido exec

Effective M&A deal depends on thorough understanding, value addition potential: Kido exec

An effective M&A transaction depends on fully understanding the company being acquired in order to create added value, says Kido Group CEO Tran Le Nguyen.

Companies - Thu, October 31, 2024 | 1:22 pm GMT+7

No budget apartments in Vietnam, chronic supply-demand gap widens

No budget apartments in Vietnam, chronic supply-demand gap widens

Vietnam saw no supply or transaction of low-cost apartments priced below VND25 million ($988) per square meter in the third quarter, says a real estate report by the Ministry of Construction.

Real Estate - Thu, October 31, 2024 | 1:10 pm GMT+7

Vietnam steel major SMC remains bogged down with difficulties

Vietnam steel major SMC remains bogged down with difficulties

Steel manufacturer SMC Trading Investment JSC has been actively selling assets to generate cash for debt repayment and maintain operations since the beginning of this year.

Companies - Thu, October 31, 2024 | 10:41 am GMT+7

Vinhomes’ earnings fall 39% to $777 mln in Jan-Sep

Vinhomes’ earnings fall 39% to $777 mln in Jan-Sep

Vinhomes, the largest residential housing developer in Vietnam, booked a net profit of VND19,642 billion ($777 million) in the first three quarters this year, down 39.2% year-on-year.

Companies - Thu, October 31, 2024 | 9:58 am GMT+7

AI cannot replace customer service staff: MoMo exec

AI cannot replace customer service staff: MoMo exec

AI cannot replace customer service staff, but it can give them more time to prepare and provide better care for customers, says Thai Tri Hung, senior deputy general director and chief technology officer of e-wallet app MoMo.

Companies - Thu, October 31, 2024 | 8:11 am GMT+7

Vietnam property developer Novaland posts skyrocketing Q3 profit

Vietnam property developer Novaland posts skyrocketing Q3 profit

Novaland, a leading real estate developer in Vietnam, reported its after-tax profit hit VND2.95 trillion ($166.62 million) in the third quarter of this year, a 21.6-fold rise year-on-year.

Companies - Wed, October 30, 2024 | 10:59 pm GMT+7

Thailand fruit prices increase at the end of successful season

Thailand fruit prices increase at the end of successful season

Thailand’s fruit season is wrapping up this year with a notable surge in prices for durian, mangosteen, rambutan, longkong, and mango.

Southeast Asia - Wed, October 30, 2024 | 10:30 pm GMT+7

BlackBerry launches regional cybersecurity headquarters in Malaysia

BlackBerry launches regional cybersecurity headquarters in Malaysia

Canada-based BlackBerry Ltd has established an Asia Pacific regional headquarters for its cybersecurity division in Cyberjaya, Malaysia, which is now fully operational.

Southeast Asia - Wed, October 30, 2024 | 10:27 pm GMT+7

Malaysia faces rising cybersecurity threats

Malaysia faces rising cybersecurity threats

Malaysian users are facing a high level of cyber threats, which may coincide with the rapid expansion of data centers in the country.

Southeast Asia - Wed, October 30, 2024 | 10:24 pm GMT+7

Indonesia to develop 3 million more hectares of rice fields

Indonesia to develop 3 million more hectares of rice fields

The Indonesian government is working to implement a program to develop 3 million hectares of new rice fields to strengthen the country's food resilience amid global challenges and increasing population demands, national news agency Antara reported.

Southeast Asia - Wed, October 30, 2024 | 9:24 pm GMT+7

Singapore’s digital economy thriving

Singapore’s digital economy thriving

Singapore’s digital economy accounted for 17.7% of the island state's GDP in 2023, up from 17.3% in the previous year, according to its Infocomm Media Development Authority (IMDA).

Southeast Asia - Wed, October 30, 2024 | 9:21 pm GMT+7

Viettel, UAE’s Presight to boost Applied AI, digital transformation in Vietnam

Viettel, UAE’s Presight to boost Applied AI, digital transformation in Vietnam

Vietnam’s Viettel AI and the UAE’s Presight have agreed to jointly advance the development of Applied AI and digital transformation initiatives in Vietnam.

Companies - Wed, October 30, 2024 | 8:30 pm GMT+7