By 2025, the Ministry of Information and Communications expected Vietnam to have 80,000 digital tech firms, meeting at least 50% of digital tech and services from state agencies. Vietnam aims for the digital technology industry to lead the implementation of Industry 4.0 in the country, with revenue growth 2.5 times higher than the overall GDP expansion rate. ICT to help Vietnam realize the digitalization process. File photo The target was revealed in the Ministry of Information and Communications (MIC)’s directive for information and communication technology (ICT) development in 2023 and the 2024-2025 period. "Digital technology focused on design, creation, and manufacturing in Vietnam is the main industrial sector driving the nation's industrialization and modernization, contributing to greater digitalization capability and shaping a digital country," the MIC stated. Under the plan, the ministry expected revenue from the ICT sector would hit US$165 … [Read more...] about Digital technology to spearhead Vietnam’s drive for Industry 4.0
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Construction work starts on Haiphong – Quang Ninh bridge
Authorities in the northern city of Haiphong today, February 2, started construction of the Lai Xuan Bridge crossing the Da Bach River that connects the city's Thuy Nguyen District with Dong Trieu Town in Quang Ninh Province. Construction of the Lai Xuan Bridge crossing the Da Bach River starts in Haiphong City on February 2 The 840-metre-long, 12-metre-wide bridge project will be carried out at the same time as the expansion of Provincial Road 352 to 12 metres in width and 14 kilometres in length. The two projects are estimated to cost over VND 1.32 trillion. The investment will be taken from the local government budgets with over VND1.32 trillion from Haiphong and over VND12 billion from Quang Ninh. A sketch of the bridge project The projects are expected to be completed by December 2024. Lai Xuan Bridge will replace the Lai Xuan ferry service, connecting national highways 18 and 10 in Haiphong and Quang Ninh. Meanwhile, … [Read more...] about Construction work starts on Haiphong – Quang Ninh bridge
Gas cylinder explodes on ship in Quang Ninh, injuring eight
A sudden gas cylinder explosion occurred on a ship which was being repaired in the northern province of Quang Ninh, injuring eight workers. The incident occurred at around 8:45 am this morning when the vessel Oriental Glory was being repaired at Nosco Shipyard. The ship belongs to the Hanoi-based Phuong Dong Shipping and Trading JS Company. The ship where the incident happened The gas cylinder explosion affected eight workers from Nosco ShipYard aged between 34 and 47. Right after the incident Cao Tuong Huy, the Managing Chairman of the Quang Ninh People’s Committee instructed local concerned agencies to investigate the cause of the explosion. The eight victims are being treated at Vietnam-Thuy Dien Hospital. … [Read more...] about Gas cylinder explodes on ship in Quang Ninh, injuring eight