Từ khóa: #Industry 4.0

The industrialization and modernization processes of Ho Chi Minh City are based on its internal resources and advantages, typically the tremendous values of both land and human resources, the latter of which are quite innovative and highly adaptable for a sustainable economic growth.

 

In order for national businesses to renovate and grow, it is necessary to focus investments on the three key factors of digital transformation – capital source – human resources. However, the efforts of enterprises themselves are not enough to boost these factors but a helping hand from the central to the local authorities is also needed.

Vietnam Banks Association and IEC Group yesterday held a forum in Hanoi for digital transformation in banking, themed ‘Banking Industry – Active and Pioneering in Industry 4.0’ (Smart Banking 2022). The forum was chaired by the Central Economic Commission and the State Bank of Vietnam.

 

Deputy Prime Minister Vu Duc Dam yesterday signed Decision No.569/QD-TTg on the strategy for scientific-technological development and innovation until 2030. Accordingly, the Government introduces policies and mechanisms for financial support and facilitation of immigration procedures and labor permit registration. This is to attract more high-level overseas Vietnamese, foreign human resources to domestic scientific activities.

Artificial intelligence (AI) research and implementation have lately been focused more and more globally thanks to its great potential in boosting socio-economic growth. AI has become an important part in development strategies of several countries, including Vietnam, during Industry 4.0. Therefore, the more capable AI human resources a country owns, the higher chance it has in winning the race.

Vietnam National Innovation Center (NIC) cooperated with the United States Agency for International Development (USAID) to launch the action program ‘Human Resources for Innovation and Startup Ecosystems - WISE’.

Highly aware about the importance of science and technology in Industry 4.0, Vietnam is trying its best to pour more resources into scientific activities. Obviously, policy and institution improvement in accordance with the market mechanism and international practices, risk acceptance, voluntarism removal, and considering scientific research as an administrative process are the main factors to turn science-technology into a driving force for socio-economic development.

The Prime Minister has approved the national strategy regarding the Fourth Industrial Revolution (Industry 4.0) until 2030, including developing a digital government and digital economy in Vietnam.

Vietnamese manufacturers have been proactive in labor training and education in preparation for further automation and data exchange during Industry 4.0, while training courses held by the State have been largely ignored.

Ho Chi Minh City is completing the project of establishing and developing the highly interactive innovation district in the East of the city in the direction of turning this place to become a new driving force for economic development in the fourth industrial revolution, thereby promoting the city's economy to grow quickly and sustainably and continue to contribute positively to the country's economic development.

Beside natural social progression, the novel coronavirus has been seen as something that helps promote online banking, as consumer habits evolve and digital transaction becomes more popular than ever.

Several experts suggested that the Government should focus on supporting some potential Vietnamese enterprises in electronics and micro-electromechanical system sector to create opportunities for these enterprises to develop and play the leading role in domestic electronics market, especially household electric and electronic products.

Various conferences and events have been held lately in Vietnam to identify optimal solutions for the smooth digital transformation process of the country. The topic is earning more and more interest from the community and businesses since it to some extent decides the success of Vietnam in Industry 4.0.

The Ho Chi Minh City (HCMC) Party’s Committee yesterday held a conference about understanding and implementing Resolution No.52-NQ/TW of the Politburo on Guidelines for Participation in the 4^th Industrial Revolution.

A recent survey by the research group of the Vietnam National Textile and Garment Group and institutes at more than 300 garment enterprises across the country showed that most of them have been keeping up fairly well with the 4th industrial revolution in stages, including reducing labor, supporting in executive decision making, increasing productivity and quality and cutting time and production costs.

President of the Republic of Korea (RoK) Moon Jae-in on September 2 expressed his hope for close cooperation between his country and Thailand in responding to the fourth Industrial Revolution (Industry 4.0).

Minister of Information and Communications Nguyen Manh Hung yesterday worked with domestic information technology (IT) companies of the southern region in Quang Trung Software City (Ho Chi Minh City) to form feasible solutions for the development of ‘Make in Vietnam’ IT staples since these businesses can only answer 30 percent of the market needs.

The Ministry of Justice (MoJ)  has just announced the launch of a website for the national scientific conference ‘Law and the Fourth Industrial Revolution – Opportunities, Challenges, and Policy Responses for Vietnam’.

 The National Innovation Center (NIC) is a hallmark in the national strategy on the Fourth Industrial Revolution (Industry 4.0), Prime Minister Nguyen Xuan Phuc has said.