Page 123 - ISC PROCEEDINGS 21.4
P. 123

its growing digital infrastructure needs, ensuring long-term environmental and economic
                  sustainability.
                        In summary, the compatibility between Singapore and Vietnam lies more in the
                  logic of policy design than in resource similarity. If Vietnam can adapt and localize this
                  experience, AI could serve as a strategic tool to enhance productivity and drive growth
                  model transformation in the coming decade.
                        4. Conclusion
                        In the context of AI reshaping the global economic structure, this study has analyzed
                  Singapore's digital economy development model as a quintessential case of integrating AI
                  into a national growth strategy. The results indicate that Singapore's digital economic
                  growth during the 2024–2025 period is reflected not only in its increasing share of GDP
                  but also in a structural shift toward a knowledge, data, and digital-capability-based
                  economy. The fact that more than two-thirds of the digital economy's value added
                  originates from non-ICT sectors proves that AI has been integrated into the operational
                  core of the economy, generating cross-sectoral productivity spillover effects. An analysis
                  of the National AI Strategy 2.0 (NAIS 2.0) reveals that Singapore's success lies not in
                  isolated technological investments but in the design of a synchronized policy ecosystem,
                  encompassing the activation of application demand, human capacity development, and
                  the construction of infrastructure and trust-building governance mechanisms. This
                  approach clearly demonstrates the logic of endogenous growth, where knowledge and
                  technology become internal factors driving long-term productivity.
                        However, the transfer of the Singaporean model to Vietnam cannot follow a
                  mechanical replication due to differences in economic scale, resources, and institutional
                  capacity. The highest degree of compatibility lies in the logic of policy design rather than
                  specific institutional structures. Vietnam can adopt experiences in building an AI
                  ecosystem, supporting SMEs, developing a digital trust layer, and linking computing
                  infrastructure investment with sustainable development strategies. From a strategic
                  perspective, developing the digital economy in the AI era is not merely a matter of
                  technological application but one of institutional coordination capacity and long-term
                  policy design. If Vietnam can establish an effective inter-sectoral coordination mechanism,
                  enhance society's technology absorption capacity, and set up a trust-building governance
                  framework, AI can become a driver for productivity enhancement and growth model
                  restructuring in the next decade.
                        This study contributes to systematizing international experience and provides a
                  reference for policy formulation in an era where digital transformation and AI are
                  becoming decisive factors in national competitiveness. Nevertheless, subsequent
                  research should delve into quantitative analysis of AI's impact on specific sector
                  productivity in Vietnam to refine the empirical basis for policy recommendations.


                        References
                        [1]. Bresnahan, T. F., & Trajtenberg, M. (1995). General purpose technologies:
                  Engines      of     growth?       Journal      of     Econometrics,      65(1),     83–
                  108. https://doi.org/10.1016/0304-4076(94)01598-T
                        [2]. Brynjolfsson, E., & McAfee, A. (2014). The second machine age: Work, progress,
                  and prosperity in a time of brilliant technologies. W. W. Norton & Company.
                        [3]. Infocomm Media Development Authority. (2018). AI for Everyone (AI4E).
                  Government of Singapore.


                                                                                                      122
   118   119   120   121   122   123   124   125   126   127   128