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.

Viettel AI is a member of the Hanoi-based Military Industry and Telecoms Group (Viettel); while Presight, a publicly traded company listed on the Abu Dhabi Securities Exchange (ADX), is the region's leading big-data analytics company powered by AI. It combines big data, analytics, and AI expertise to serve all sectors.

Both sides signed a memorandum of understanding on Monday in the presence of visiting Vietnamese Prime Minister Pham Minh Chinh who chaired a roundtable between businesses of both countries.

Under the MoU, Presight and Viettel AI will enhance collaboration to leverage technology, data and innovative approaches to address challenges related to transportation, safety and environmental impacts.

Key areas of collaboration will include digital development initiatives; enterprise and generative AI development; customer and industry-tailored big data analytics solutions; deployment of AI-powered solutions for enterprises and smart cities; and collaboration on AI workforce development.

PM Chinh noted that Vietnam and the UAE were increasingly strengthening connections via telecommunications and fiber optic cables and may soon connect more closely through AI.

Thomas Pramotedham, CEO of Presight, said: “By combining our expertise and resources in Applied AI, we aim to drive significant advancements in digital transformation initiatives.

“Viettel AI excels in various aspects of data analytics and natural language processing (NLP); and I am grateful that Presight, together with Viettel, has the opportunity to contribute to Vietnam's progress towards digital transformation.”

Viettel Group, which claims to have the largest data center infrastructure in Vietnam, is also a pioneer in developing large Vietnamese language models with AI products including virtual assistants for the courts and the civil service, not to mention using AI processing for specialized tasks for financial enterprises.

Established in 2014, Viettel AI has emerged as a national pioneer in researching core technologies and developing products and services in AI, big data, robotics and digital twin.