Top 5 AI Companies in Vietnam 2023 - Sota Holdings | A Global IT Consulting & Technology Group

Artificial Intelligence (AI) is rapidly transforming various industries worldwide, and Vietnam is no exception. The country's tech industry is experiencing remarkable growth, and several AI companies in Vietnam have emerged as key players in the market. These companies are leveraging the latest AI technologies to develop innovative solutions for various business needs.

Vietnam has a highly talented and tech-savvy workforce, making it an ideal location for AI companies to thrive. The government has also been supportive of the tech industry's growth, with various initiatives to encourage and develop AI-related research and development.

Therefore, if you intend to outsource your AI-based platform in Vietnam, let’s explore these top AI companies before making a decision.

1. Overview of AI Development in Vietnam

a. Vietnam’s Strategy for AI Development

According to the Global AI Readiness Report 2021, in collaboration between Oxford Insights and the International Development Research Centre (IDRC), Vietnam ranked 62/172 globally and 10/15 in Asia.

The Vietnamese government hopes the national strategy will propel Vietnam to the top four Southeast Asian countries and be in the top 50 of the world for the AI industry by 2030. Essentially, the government is planning to make AI an important technology, spanning countless industries and private and government functions.

The Vietnamese government hopes the national strategy will propel Vietnam to the top four Southeast Asian countries

b. R&D Focus

A master plan for the development of Vietnam's artificial intelligence industry was drawn up in March 2021. The "National Strategy on R&D and Application of Artificial Intelligence" plan outlines Vietnam's development strategy for AI until 2030.

The strategy aims to establish 50 open, linked and connected data sets, 3 national creative centers on AI, 10 renowned AI centers in the region, and 3 national centers for big data and high-performance computing.

The whole of the government is being asked to help with this. The Bank of Vietnam and fifteen government ministries have all been given objectives for incorporating AI applications. Some illustrations of the tactic are as follows: The Ministry of Trade is entrusted with generating "automated in-store purchases and delivery completion," while the Department of Defense is urged to produce "intelligentization and modernization of equipment and weapons."

c. Train and connect AI resources domestically and globally

In order to develop realistic AI training programs, expert communities, and expert networks, Vietnam forges close linkages between domestic and international organizations including universities, research centers, and tech firms. This helps Vietnam stay current with technology and recruit AI talent.

2. Why Choose AI Companies in Vietnam?

Vietnam has emerged as a promising destination to outsource AI projects for several reasons:

Highly skilled talent pool: Vietnam has a large and highly skilled workforce, with a particular emphasis on STEM education. The country is producing more than 70,000 engineering graduates every year, and many of these graduates are highly skilled in AI-related fields. The talent pool is also relatively affordable compared to other countries, making it an attractive location for companies looking to develop AI solutions.
Supportive government policies: The Vietnamese government has shown a strong commitment to developing the technology sector, with a focus on AI. The Minister of Planning and Investment affirmed that “Vietnam identifies AI technology as one of the breakthrough and spearhead technologies.”, and the government’s goal is to bring Vietnam to the top four Southeast Asian countries and in the top 50 of the world for the AI industry by 2030. Therefore, many initiatives have been introduced to support AI development, including funding for research and development, tax incentives for AI companies, and the establishment of AI research centers.
Competitive business environment: Vietnam is rapidly developing into a dynamic and competitive business environment, with a growing number of startups and established companies in the technology sector.

3. List of top AI Companies in Vietnam

a. SotaTek

SotaTek is a Global Software Development as Service and IT Consulting specializing in AI & Machine Learning. When searching the keyword “Top AI companies in Vietnam”, you can see many results on Clutch, The Manifest, and GoodFirms that SotaTek grabs the top rankings.

SotaTek offers various professional technical services that leverage Artificial Intelligence (AI), Data Analysis, and Machine Learning. We integrate technologies to develop optimum solutions that address any business need.

Why to choose SotaTek AI Solutions?

We integrate your values into Excellent AI Services and create optimized experiences:

Accelerate Time to Market
Adaptive & Strategic Approaches
Customer Satisfaction

b. FPT AI

FPT AI is a part of FPT Corporation. FPT offers Artificial Intelligence Services to optimize operations, unlock the value of data, empower employees, and promote innovation. Their team of dedicated experts accompanies enterprises in every step of their AI journey, leveraging experience and knowledge to advise clients on how to efficiently exploit the power of AI and data and then actualize their vision for the future.

c. Hekate

Hekate is an Artificial Intelligence startup founded in 2016 in Vietnam with the mission of “Bringing the benefits of Artificial Intelligence to everyone”. Hekate Artificial Intelligence research and development areas include Natural Language Processing (NLP), Computer Vision (Computer Vision), and Machine Learning (Machine Learning). The AI Platform developed by Hekate has supported more than 10,000 businesses in digital transformation, business model improvement, and customer care.

d. Aimesoft

Aimesoft is an Artificial Intelligence (AI) software company established in 2018. Aimesoft develops Multimodal AI solutions: AI solutions based on the combination of Image Processing, Computer Vision, Speech Processing, Natural Language Processing, and Data Mining technologies. They are one of the first AI companies in the world to work on Multimodal AI. Aimesoft has expert knowledge in Data Mining, Image Processing, Computer Vision, Natural Language Processing, and Speech Processing.

e. Abivin

Established in 2015, Abivin provides AI-powered Supply Chain Optimization solutions for enterprises in many fields: Manufacturers, Distributors, Retailers, and Suppliers. The company's desire is to transform traditional industries with the power of technology.

The company is trusted by many customers around the world, successfully integrated with systems from big companies such as SAP, Oracle, Manhattan Associates, Microsoft…

4. Final Thoughts: Get Started with Artificial Intelligence Development

Want to partner with an AI Development Company? Contact our AI engineers.

SotaTek has experience in developing AI solutions for various industries, including healthcare, finance, retail, etc. We can provide guidance and consultation on the best approach for your project and help you develop a custom solution tailored to your specific needs.