Ho Chi Minh crossover talks spark dialogue on Taiwan’s role in Vietnam manufacturing’s AI evolution
Profet AI, a Taiwanese AutoML enterprise solution provider for the manufacturing sector, joined forces with Hive Ventures to hold the Crossover Talks forum in Ho Chi Minh City, Vietnam, on June 19th. The forum aimed to facilitate knowledge exchange and collaboration between Taiwan’s leading experts and local enterprises in Vietnam, regarding AI implementation, digital transformation, and talent development in manufacturing. Jerry Huang, Co-founder and CEO of Profet AI explained that the decision to host the event stemmed from discussions with customers eager to venture into the Vietnamese market. Addressing the main feedback regarding a lack of knowledge about the local market, Profet AI and Hive Ventures embarked on a thorough two-month exploratory market study. As a result, the Crossover Talks forum was organized to bridge this gap effectively. Vietnam has emerged as a thriving industrial hub in recent years, becoming a global magnet for the wave of manufacturers shifting their operations to new markets. Vietnam’s industrial sector, grew 9.9% in 2022[1], a year that marks the 30th anniversary of Taiwan-Vietnam trade relations, where bilateral trade volume closed in on US$ 28 billion. Taiwan is now Vietnam’s fifth-largest trading partner, with an annual trade volume growth rate of 24.4%[2] Early impressive growth has been somewhat tempered by the recent slowdown in global demand. To tackle this challenge head-on, the forum emphasised harnessing AI’s potential to mitigate the downturn and fuel sustainable growth in Vietnam’s manufacturing industry. The Crossover Talks brought together 80 companies from Taiwan and Southeast Asia, and leading speakers voices from the academic, manufacturing, and business spheres, including Yan Lee, Founding Partner of Hive Ventures, Justin Chen, Information Center Manager of Maxxis, Kenny Chiu, Vice President of Shuttle Service Co. Ltd., James Chan, Innovation Advisor at Acon-Holding Inc., Professor Dr. Chia-Yen Lee of the Department of Information Management at […]