While Australian business leaders are sold on the transformative potential of artificial intelligence (AI) and opportunities to gain from innovation in emerging geographies, they need greater support and partnership to overcome practical business challenges.
A recent roundtable event was hosted by FPT and co-hosted by H.E. Mr. Pham Hung Tam, Vietnam’s Ambassador to Australia, Mr. Francis Wong, OAM OSJ, Chairman of the Australia-ASEAN Business Forum, where business leaders gathered to discuss the potential for stronger collaboration between Australia and Vietnam.
“Australian organisations operating in today’s dynamic landscape are pivoting away from traditionally established hubs to look at opportunities in new geographies,” said Minh Tran, FPT Australasia Managing Director, FPT Corporation.
“Technology Underpins Stronger Collaboration Between Australia And Vietnam,”
“Leading Australian businesses are recognising Vietnam as an attractive trading partner in technology for areas like AI and by working together and sharing expertise, we can further unlock digital transformation’s true potential.” he said
While the potential of emerging technologie in innovation is unquestionable, the business leaders in attendance highlighted practical concerns that need to be addressed, including data interoperability and connectivity.
Specifically, the “last mile” problem, extracting actionable insights from consolidated data, was highlighted as a major hurdle.
Ambassador Pham commented, “We are greatly encouraged by the robust discussion and initiatives to boost shared technology expertise and collaborative problem-solving to advance digital innovation in Australia, strengthen economic ties, and drive sustainable growth.”
Participants expressed support for continued dialogues in areas like AI, cybersecurity, and digital infrastructure. The discussion also highlighted investment opportunities in Adelaide, including direct air connectivity between Adelaide and Vietnam for the freight and logistics sector.
“As Australian organisations look to solve customer-specific challenges, we are excited to work with them in co-creation and collaborative problem-solving, which will create immense opportunity for improved operational excellence and innovation for both nations.” said Tran
In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses.
