Korea Telecom proposes Global Development Center in Vietnam

Korea Telecom (KT) CEO Young Shub Kim has proposed to expand AI infrastructure, including the establishment of its Global Development Center in Vietnam as a strategic facility to develop AI human resources for the Southeast Asian market.

He made the proposal during a meeting with Deputy Prime Minister Nguyen Chi Dung in Hanoi on May 26.

Mr. Kim said he expected to receive support from the Vietnamese government for his group’s cooperation with Viettel, a tech giant of Vietnam, laying a foundation for AI and innovation initiatives.

Welcoming the proposed partnership between KT and Viettel, Deputy PM Dung stressed that the Government supported the collaboration between the two groups, and proposed that KT and Viettel jointly establish a training and research center, as well as an AI data center.

The Deputy Prime Minister noted that the Vietnamese Government committed to accompanying, supporting and creating favorable conditions for foreign businesses, including those from the Republic of Korea, to invest and operate in Vietnam.