Vietnam and US Firms Forge Strong Alliances in Energy and AI Development

Monday, 23 September 2024, 20:38

Vietnam and US firms have signed significant MoUs on energy, AI development, and data centre cooperation. This partnership signals a robust commitment to technology transfer. Among those involved are PetroVietnam and Sovico Group, focusing on innovative projects that can transform industries. This collaboration highlights the growing synergy between Vietnam and leading US companies.
Indiatimes
Vietnam and US Firms Forge Strong Alliances in Energy and AI Development

Vietnam-US Collaboration on Innovative Technologies

In a landmark event, Vietnam and several US firms have signed memorandums of understanding (MoUs) aimed at enhancing energy cooperation, advancing AI development, and establishing a new data centre. These MoUs were finalized during a high-profile business forum held in the United States.

Key Agreements Signed

  • PetroVietnam signed an agreement with Kellogg Brown & Root focused on energy technology transfer.
  • PTSC, a unit of PetroVietnam, entered into an LNG cooperation agreement with Excelerate Energy.
  • Sovico Group partnered with Supermicro for joint efforts in AI and data centre development.

The event was attended by Vietnamese President To Lam, who is set to meet U.S. President Joe Biden during the United Nations General Assembly in New York.

Strategic Importance of Energy and AI Development

This collaboration between Vietnam and US firms is not just a formality; it represents a deep commitment to technological innovation and strategic sector growth. As the world increasingly embraces digital transformation, such partnerships are crucial for enhancing capacities and fostering economic growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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