Vietnam is poised to become a rising power in the global AI economy, with projections estimating AI to contribute USD 120–130 billion by 2040. A recent strategic report jointly produced by NIC, JICA, and BCG highlights AI as a core pillar of Vietnam’s national growth agenda.

From the perspective of legal infrastructure and business governance, THE LAM LAW LLC – Your legal need, Our Mission identifies six essential pillars shaping Vietnam’s AI trajectory, where policy and law will play a decisive role:

⚖️ Legal Highlights from the Report: 

📜 Vietnam has enacted key laws like the Data Protection Decree (13/2023/NĐ-CP) and Digital Investment Law, but a dedicated AI legal framework is still under development.

🧪 The country is preparing to implement sandbox regulations—controlled testing environments for AI applications—mirroring global best practices.

🤖 Intellectual property and liability in AI usage remain grey zones requiring legal interpretation and compliance guidelines.

📊 Data access and governance are critical: there is a strong push to enable open data platforms while protecting privacy and national security.

💼 The surge in AI startups demands legal support in contracts, investment, licensing, and cross-border data transfers.

🔍 As a business law firm, THE LAM LAW LLC – Your legal need, Our Mission is committed to supporting:
– Companies applying AI in sectors like finance, healthcare, education, and logistics.
– Legal structuring of AI joint ventures, IP protection, and risk-sharing agreements.
– Startups and investors navigating Vietnam’s evolving AI legal environment.

📌 Let’s shape an AI-powered economy—where innovation and regulation go hand in hand.

📄 Learn more from the attached full report: Vietnam and the AI Economy
Source: Vietnam’s AI Economy – Strategic Development Outlook 2025 (NIC × JICA × BCG)

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