Vietnam Emerges as Strategic Alternative in U.S.-China Tech Rivalry
The U.S. is ramping up its relationship with Vietnam, announcing several new business partnerships in important fields like artificial intelligence (AI) and aviation. According to Reuters, both countries are eager to boost trade despite economic challenges. President Joe Biden met with major Vietnamese stakeholders to discuss new business opportunities.
The summit featured top execs from Vietnamese companies such as electric car maker VinFast, Vietnam Airlines, and digital wallet MoMo, as well as senior leaders from U.S. firms like Google, Amkor, Boeing, and Marvell.
Both countries reaffirmed their commitment to work closely in AI, cloud computing, and semiconductors, especially given the rising tensions with China. Biden specifically mentioned Microsoft's plan to develop a specialized AI tool for Vietnam that aims to make
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