At the 2024 Ho Chi Minh City Economic Forum recently held on the morning of September 25, Mr. Nguyen Trung Chinh, Chairman of CMC Group, attracted a lot of attention with the initiative "AI Transformation - AI.X", focusing on combining digital transformation and green transformation to promote Vietnam's development in the digital age.

According to the Chairman of CMC Group, current industrial transformation must be based on two main pillars: digital transformation and green transformation. He said that the Government, businesses and organizations need to be clearly aware of the role of artificial intelligence (AI) in this process. AI is becoming a breakthrough driving force, promoting rapid and comprehensive change in all socio-economic fields.

Experts predict that AI will contribute 15,700 billion USD to the global economy by 2030, helping to increase labor productivity by 40% by 2035. In Vietnam, AI is expected to contribute from 150 to 200 billion USD to the national GDP by 2030. These numbers demonstrate the great potential of AI in promoting economic growth and improving quality of life.

Faced with those potentials, Mr. Nguyen Trung Chinh proposed that the Government needs to build a long-term AI transformation strategy, moving towards building an AI government.

He also suggested that Ho Chi Minh City should be developed into an "AI City" - a pioneering artificial intelligence city. He said that making AI.X (AI Transformation or AI Transformation) an initiative not only of Ho Chi Minh City but also of Vietnam will help affirm the country's position in the digital age.

To realize the AI.X initiative, Mr. Chinh made specific recommendations. Accordingly, Vietnam needs to improve its institutions and legal framework by developing appropriate regulations to facilitate the development and application of AI on a national scale. This will ensure safety and risk management during the deployment of AI, especially in areas with high impact such as health, education, transportation and finance.

In addition, he proposed that training and developing AI human resources is a key factor. He believes that it is necessary to include AI in the curriculum at all levels, from high school to university, to equip the young generation with the necessary skills and knowledge. At the same time, there is a need for in-depth training programs and links with international organizations to develop high-quality AI human resources.

Mr. Chinh also mentioned building digital infrastructure and AI ecosystem. For AI to develop sustainably, it is necessary to build a strong technology ecosystem including modern digital infrastructure, research centers and connecting experts and businesses to promote creativity and collaboration. This requires a solid technical foundation and mechanisms to encourage the participation of top domestic and foreign technology talent.

In addition, he proposed that the Government need to establish preferential policies to encourage the development of AI in all fields, from manufacturing industry, healthcare to education and public services. The development of these policies needs to ensure job security and provide clear ethical standards for AI applications, to put people at the center and work towards sustainable development.

In the explanation of the "AI Transformation - AI.X" initiative, Mr. Nguyen Trung Chinh defined: AI Transformation (AI-X) is the process of applying AI technology to make overall and comprehensive changes in the way we operate and interact in all areas of society from the Government, businesses to people's lives.

The goal of AI Transformation is to leverage the endless potential of AI technology to innovate, improve performance, productivity, add value and create a digital economy. AI transformation needs to go hand in hand with ethics and social responsibility, to build a green and sustainable digital economy.

Mr. Nguyen Trung Chinh's initiative at the Ho Chi Minh City Economic Forum has attracted the attention of many delegates and experts. His proposals aim to take full advantage of the potential of AI to promote economic growth and improve the quality of life for the Vietnamese people.

Mr. Nguyen Trung Chinh's vision of "AI Transformation - AI.X" opens a new direction for Vietnam in applying AI to all areas of society. Putting people and society first, along with a commitment to responsibility and ethics, will ensure that the development of AI brings practical and sustainable benefits to the country.