Shidler Global Leadership Summit in HCM City Highlights Importance of Generative AI for Việt Nam’s Competitiveness

The Shidler Global Leadership Summit in HCM City on July 5 brought together top leaders to discuss the prospects for generative AI and its impact on Việt Nam’s competitiveness in the global market. Organized by the Shidler College of Business, University of Hawai‘i at Mānoa, the event highlighted the importance of AI applications in various business sectors.

Generative AI, in particular, was a key focus of the summit as it allows for conversational interactions between humans and computers, making it easier for users to give commands and prompts without the need for complex programming languages. This technology has the potential to revolutionize processes such as quality management, inventory management, market research, and customer analysis.

However, while the benefits of AI are clear, there are also challenges that need to be addressed. Delegates at the summit discussed the importance of accurate data storage, ethical data management, and the need for knowledgeable individuals to ensure the successful implementation of AI tools. Additionally, there is a need for leaders to invest in training and development to help their workforce adapt to these new technologies.

Experts from various fields, including banking, healthcare, tourism, and agriculture, shared their insights on the use of AI in their respective industries. The consensus was that AI is inevitable and businesses need to find ways to leverage these tools to stay competitive in the rapidly evolving global market.

Overall, the summit highlighted the potential of generative AI to drive innovation and improve efficiency across various sectors in Việt Nam. With the right strategies and investments, the country can harness the power of AI to enhance its competitiveness and position itself as a leader in the global marketplace.