Industrial revolution 4.0, smart manufacturing on spotlight
A conference took place in HCM City on May 10, centering around the fourth industrial revolution and the application of Internet of Things (IoT) in smart manufacturing.
HCM City (VNA)– A conference took place in HCM City on May 10, centering around the fourthindustrial revolution and the application of Internet of Things (IoT) in smartmanufacturing.
The event wasorganised by the Ministry of Science and Technology, National Council forScience and Technology Policy and Advantech Group to provide a general overviewof trends and impacts of the industrial revolution 4.0 on Vietnam’s industrialsector, particularly in smart manufacturing.
Addressing theconference, Deputy Minister of Science and Technology Tran Van Tung said thewave of new technologies is disrupting existing industry structure and theincreased use of automatic technologies allows global manufacturers to relocatefactories to their home countries, taking back jobs from low-cost labour nations.
During the event,experts voiced concerns over the fact that the fourth industrial revolution,with the development of virtual reality, robotics and artificial intelligence,is producing sweeping changes to labour market and the ways products are madeand consumed.
Technologicalinnovation has made negative impacts on countries like Vietnam who will becomeless beneficial from low-cost workers.
The 2016 WorldEconomic Forum forecast that Vietnam will lose about 5 million jobs in 2020 asa consequence of low labour quality, only scoring 3.79 out of 10.
Participants to theconference debated solutions for the country to make use of the wave of newtechnologies in improving local technology and production capacity along with competitiveness.They shared ideas on how to create more opportunities for firms to innovate andinvest in digital technology.
Deputy Minister Tungunderlined the necessity to implement the national science and technology renovationprogramme and other projects on technological innovation and hi-tech andnational product development.- VNA
A thematic seminar on the close linkage between IPv6 (Internet Protocol version 6) and the Internet of Things (IoT) industry took place in Hanoi on May 5.
Prime Minister Nguyen Xuan Phuc has ordered all central agencies and local administrations nationwide to make plans for optimum usage of all advantages offered by the 4th Industrial Revolution.
A symposium was held in the Mekong Delta city of Can Tho on May 9 seeking to remove institutional barriers to spur local socio-economic development during the national industrialization and modernization.
Vietnam needs to invest in human resources to take advantage of and keep updated about the fourth industrial revolution, Nguyen Van Thu, President of the Vietnam Association of Mechanics said.
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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.
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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.
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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.
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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.
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Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.
The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.