FPT Corporation and Nvidia have partnered to construct a $200 million AI factory in Vietnam.

The project aims to position Vietnam as a leading center for AI and cloud computing in the region.

Nvidia's advanced AI technologies will be integrated into the facility to foster AI platform and application development.

Plans are underway to embed Nvidia's programs in educational curriculums, targeting at least 30,000 students in five years.

Vietnam is looking to expand its semiconductor engineer workforce from 6,000 to 50,000 by 2030.

The US-Vietnam business agreements are set to bolster the semiconductor supply chain.

Nvidia's $250 million investment in Vietnam supports the nation's ambition to become a semiconductor and AI powerhouse.