Vietnam to establish national AI development fund

Hanoi (VNA) - The Ministry of Science and Technology (MoST) will establish a national artificial intelligence (AI) development fund for the 2026–2027 period, following Decision No. 367/QD-TTg promulgating the plan for the implementation of the Law on AI, recently signed by Deputy Prime Minister Nguyen Chi Dung

The plan aims to set implementation timelines and define the responsibilities of agencies and organisations in enforcing the law nationwide. It emphasises the need for synchronous and efficient implementation, with clearly defined responsibilities and coordination mechanisms among ministries, sectors and localities. It also seeks to raise awareness among officials, businesses and the public of the importance of enforcing the Law on AI.