Fourth Industrial Revolution to create new industries in Vietnam
The fourth Industrial Revolution will create new industries, which are expected to give new momentum to Vietnam’s economic growth, said an economic expert.
Hanoi (VNA) – The fourth Industrial Revolution will create newindustries, which are expected to give new momentum to Vietnam’s economicgrowth, said an economic expert.
Speakingat a workshop in Hanoi on November 21, Nguyen Thi Tue Anh, Deputy Director ofthe Central Institute for Economic Management (CIEM), explained that therevolution will change the structure of sectors as well as growth resources.
Thegovernment has assigned the Ministry of Planning and Investment, and the CIEMto draft a national strategy on the fourth Industrial Revolution, build aninnovation and creation centre, and develop a network of talents, she said.
DangQuang Vinh, deputy head of the CIEM’s Business Environment and CompetitiveAbility Department, held that with huge economic potential and ability ofbusinesses and labourers, Vietnam can capitalise on the revolution.
Vinhcited services launched by FastGo, thefirst ride-hailing app to offer insurance to customers for all trips, notcharge drivers for discounted rates and provide driver partners with manybenefits.
However, he said, new management methods and goodsupportive policies are necessary for Vietnam’s new technologicalsectors, he said.
The CIEM pointed out challenges facing Vietnamwhen the country enters the fourth Industrial Revolution such as a shortage ofIT workers, especially high-quality labour resources, unclear institutions,limited domestic capital and difficulties hindering foreign investment instartups.
Many experts suggested competent agenciescooperate with businesses to grasp information, build suitable institutions,create a favourable legal corridor for business activities and reduce risks tosociety, while promptly adjusting unsuitable business regulations and issuingnew ones.
Many underlined the need to set forth taxpolicies to attract human resources, especially Vietnamese abroad, enhancecooperation between universities and businesses, build training programmes inenterprises and expand EduTech/Learning models in the IT sector.-VNA
The fourth Industrial Revolution (Industry 4.0), is expected to make Indonesia one of the top 10 economies in the world in 2030, stated Industry Minister Airlangga Hartarto.
The fourth industrial revolution brings opportunities but also challenges for traditional craft villages in Vietnam, a truth evident to both experts and local households.
The fourth Industrial Revolution will impact all socio-economic aspects of Vietnam, especially labour and employment, heard a forum in Hanoi on October 31.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
At the workshop (Source: qdnd.vn) 
