Vietnam's President Strengthens U.S. Tech Ties to Propel Digital Economy

Vietnam's President To Lam met with top U.S. firms in New York to boost the domestic tech economy. This visit, his first to the U.S. as president, included meetings with Meta, Apple, Blackstone, and Warburg Pincus. Lam emphasized digital transformation and innovation as key priorities for Vietnam.


Devdiscourse News Desk | Updated: 25-09-2024 15:23 IST | Created: 25-09-2024 15:23 IST
Vietnam's President Strengthens U.S. Tech Ties to Propel Digital Economy

In a bid to bolster Vietnam's tech economy, President To Lam met with U.S. industry leaders in New York. His agenda, aimed at fostering international partnerships, included discussions with Meta, Apple, Blackstone, and Warburg Pincus.

During these meetings, Meta revealed plans to produce virtual reality glasses in Vietnam. The firm also underlined its commitment to expand investment and innovation within the country. Notably, controversial issues like data storage requirements and censorship requests were not discussed publicly.

Lam's engagements also included signing cooperation agreements on energy and artificial intelligence. The overarching goal of this diplomatic mission underscores Vietnam's focus on digital transformation as a catalyst for economic growth, with a strategic emphasis on semiconductor and AI development.

(With inputs from agencies.)

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