Applications of artificial intelligence in the international trade: Solutions for Vietnam

Abstract

Artificial Intelligence (AI) is emerging as a crucial tool for businesses to optimize international trade processes in the context of an increasingly developed global economy and the growing complexity of trade. This study analyses AI's impacts on the comprehensive activities of international trade, encompassing phases such as market analysis, supply chain optimization, trade compliance, customer relationship management, financial management, and system performance monitoring. Given Vietnam’s highly open economy, the country faces both opportunities and challenges in effectively applying AI to enhance its participation in global trade.