The Hanoitimes - On the occasion of the World Economic Forum (WEF) on ASEAN being held in Hanoi on September 11-13, Vietnam`s Prime Minister Nguyen Xuan Phuc has issued an article on the future of the ASEAN. Vietnam's Prime Minister Nguyen Xuan Phuc. Photo: VGP The world is changing rapidly, driven by the shifts in globalization and the tremendous leaps of science, technology and the Fourth Industrial Revolution. Against such backdrops, the ASEAN countries are making every effort to overcome challenges and harness opportunities for development in order to realize the 2025 ASEAN Community Vision, for the establishment of a strong ASEAN Community that shall further uphold its central role in regional mechanisms. As the host country for the 2018 World Economic Forum (WEF) on ASEAN Summit (2018 WEF-ASEAN), it is Vietnam's crucial responsibility to work together with WEF and ASEAN members to discuss issues pertinent to their national development in the midst of the Fourth Industrial … [Read more...] about WEF ASEAN 2018 – joining hands in building the ASEAN community in the fourth industrial revolution era
The third industrial revolution
Joining hands in building the ASEAN Community in the Fourth Industrial Revolution era
World Economic Forum on ASEAN kicks offWater from the air saves drought-plagued regionsHà Nội City makes the case for a smart transformationDeputy PM meets WEF ASEAN 2018 sponsorsPM orders meticulous preparation for WEF ASEAN Việt Nam Prime Minister Nguyễn Xuân Phúc. — VNA/VNS PhotoViet Nam News Politburo member and Prime Minister Nguyễn Xuân Phúc penned an article on the 2018 World Economic Forum (WEF) on ASEAN Summit (2018 WEF-ASEAN) which opened in Hà Nội on September 11. The world is changing rapidly, driven by the shifts in globalisation and the tremendous leaps of science, technology and the Fourth Industrial Revolution. Against such backdrops, the ASEAN countries are making every effort to overcome challenges and harness opportunities for development in order to realise the 2025 ASEAN Community Vision, for the establishment of a strong ASEAN Community that shall further uphold its central role in … [Read more...] about Joining hands in building the ASEAN Community in the Fourth Industrial Revolution era
Keeping pace in the Fourth Industrial Revolution
Viet Nam News Analyst’s Pick By Võ Trí Thành* The Fourth Industrial Revolution has not only had deep impact on all aspects of life but also rapidly changed the way businesses create and distribute products and services as well as the interaction between the market and the State. Võ Trí Thành In a hyper-connected world, advanced technologies like Internet of Things, blockchain and Artificial Intelligence have been transforming the traditional market, thus challenging policymakers to keep up with the pace. In order to ensure the digital economy truly promotes efficiency, innovation and development, it is necessary to develop policies and regulations to adapt to the market. We may agree in principle of regulatory policies and regulations. That ensures the spirit of innovation on the basis of healthy and fair competition, the overall socio-economic benefits, especially those of consumers, and the State’s interests. However, … [Read more...] about Keeping pace in the Fourth Industrial Revolution
Most local firms lagging in 4th industrial revolution
Most local firms lagging in 4th industrial revolution Minh Tam HCMC – The fourth industrial revolution, which entails Internet of Things. intelligent robots. self-driving cars, and genetic editing, among others, remains quite new to domestic enterprises. A majority of Vietnamese businesses, especially those in the finance and accounting sectors, have just entered the third industrial revolution, heard an annual conference held on May 31 by the Vietnam Association of Certified Public Accountants (VACPA) and the Association of Chartered Certified Accountants (ACCA), the global body for professional accountants. Most Vietnamese firms are still in the third revolution, said Will Nguyen, director of information technology (IT) advisory services at KPMG Vietnam. He added just a small fraction of domestic enterprises, especially those having annual revenues of US$500-700 million, are working forwards the fourth industrial revolution. Le Thanh Binh, chief … [Read more...] about Most local firms lagging in 4th industrial revolution
Ministry told to seek ways to catch up with new industrial revolution
Ministry told to seek ways to catch up with new industrial revolution Van Ly HANOI - The Government has told the Ministry of Science and Technology to work with relevant ministries and agencies to propose ways to mobilize resources to make the most of opportunities afforded by the world’s fourth industrial revolution. Proposed ways should be submitted to the Prime Minister for consideration this month, heard a meeting held by the Ministry of Science and Technology in Hanoi last week to gather comments to improve a draft report on how the country could benefit from the fourth industrial revolution. Dam Bach Duong, head of the Hi-tech Department at the Ministry of Science and Technology, told the meeting that the report will detail technological trends and their impacts, lessons of countries, potential and capability of Vietnam, opportunities and challenges, and orientations for the country to leap forward alongside the fourth industrial revolution. Deputy Minister of Science … [Read more...] about Ministry told to seek ways to catch up with new industrial revolution