Kids urged to prepare for Industry 4.0

Normal 0 false false false MicrosoftInternetExplorer4 This goal is defined in the Vietnam commodity export competitiveness improvement scheme to 2020, with a vision to 2030, recently approved by the Prime Minister. The specific objective of the 2016 - 2020 period is to achieve an average annual commodity export growth of 8 per cent. The commodity export value in 2020 will more than treble that in 2010, equalise the trade balance in 2020 and reach a trade surplus in 2021-2030. At the same time, the Government also aims to increase the added value of agricultural and aquatic products by 20 per cent on average from the current level. Vietnam will gradually raise the share of agricultural and aquatic exports to developed markets (e.g. the European Union, Japan and South Korea). After 2030, an average commodity export growth will be 9 -10 per cent annually from the 2021 - 2030 phase. Prioritised items subject to enhancing competitiveness include agricultural and aquatic products like rice, coffee, rubber, seafood and black pepper; manufactured industrials like garment and textile, footwear, woodwork, mobile phones, computers, electronic products and components; and raw materials used for garment and textile, leather and footwear, plastic, fertiliser and chemical industries. Market policies and solutions In order to successfully achieve these objectives, main solutions have been introduced, including reshuffling production by transforming production and export methods; changing export structures in the direction of raising the share of…... [read more]

The "Innovation in the 4.0 Era" forum is held in Hanoi on August 9 (Photo: hanoimoi.com.vn) Hanoi (VNA) – The role of the youth in the Fourth Industrial Revolution (Industry 4.0) was highlighted at a forum that attracted 20 domestic and foreign investors and over 1,000 young people in Hanoi on August 9. The “Innovation in the 4.0 Era” forum also drew 30 outstanding startup founders who shared their experience in doing business in the IT sector. Deputy Minister of Science and Technology Tran Van Tung said Industry 4.0 has been developing strongly across the world, and some of its components like Internet of Things, artificial intelligence, big data and smart robots are greatly influencing economic growth in countries around the globe, including Vietnam. To capitalise on the advantages of Industry 4.0, young citizens of Vietnam need to swiftly gain a full understanding of this industry and take appropriate actions to contribute to the national development in the smartest way, he noted. He also affirmed his ministry’s support to and favourable conditions for the development of Industry 4.0 in Vietnam. [Experts: Vietnam could be major market for artificial intelligence] At the forum, speakers analysed Industry 4.0 and the mutual impacts between this industry and Vietnamese youth. Participants in the event also had a chance to directly experience a number of technologies. The forum is part of the Connecting Viet Youth programme, held by the Hanoi Students Association, the World Economic Forum’s …... [read more]

NDO/VNA – A workshop focusing on the 50-year history of the Association of Southeast Asian Nations (ASEAN) was held in Tokyo, Japan on August 8, on the occasion of the bloc’s jubilee anniversary. The event, jointly organised by the ASEAN Japan Centre (AJC) and the Economic Research Institute for ASEAN (ERIC), was attended by the ambassadors and embassy representatives of the ten ASEAN nations and its dialogue partners, alongside 300 delegates of the government and academic and business circles in Japan. Opening the workshop, Vietnamese Ambassador to Japan Nguyen Quoc Cuong, who is also Chairman of the ASEAN Committee in Tokyo, described the event as one of a number of significant activities to mark the ASEAN’s 50th anniversary. From the first five founding members, the bloc has continuously overcome difficulties and challenges, maintaining its solidarity in diversity, and has grown into the ASEAN Community with 10 member nations, with open external relations. The ambassador noted that while the ASEAN Community has become a model for successful regional cooperation, it is also facing challenges in the context of rapid changes within the region and across the globe, along with the ongoing fourth Industrial Revolution 4.0. He affirmed that Japan is one of the leading and closest partners of ASEAN. At the event, participants analysed the achievements and challenges of ASEAN, and envisioned the prospects for the growing relationship between Japan and ASEAN in the next decades.... [read more]

Vietnamese Ambassador to Japan Nguyen Quoc Cuong speaks at the event (Source: VOV) Tokyo (VNA) – A workshop focusing on the 50-year history of the Association of Southeast Asian Nations (ASEAN) was held in Tokyo, Japan on August 8 on the occasion of the bloc’s jubilee anniversary. The event, jointly organised by the ASEAN Japan Centre (AJC) and the Economic Research Institute for ASEAN (ERIC), was attended by ambassadors and embassy representatives of the ten ASEAN nations and its dialogue partners, and 300 delegates of the government, academic and business circles in Japan. Opening the workshop, Vietnamese Ambassador to Japan Nguyen Quoc Cuong, who is also Chairman of the ASEAN Committee in Tokyo, described the event as one of the significant activities to mark the ASEAN’s 50th anniversary. From the first five founding members, the bloc has continuously, overcome difficulties and challenges, maintained its solidarity in diversity, and grown into the ASEAN Community with 10 member nations, with open external relations. The ambassador noted that while ASEAN Community has become a model for successful regional cooperation, it is also facing challenges in the context of fast changes in the region and the world, along with the ongoing fourth Industrial Revolution 4.0. He affirmed that Japan is one of the leading and closest partners of ASEAN. At the event, participants analysed the achievements and challenges of ASEAN, and envisioned the prospects for the growing relationship between Japan and ASEAN in the next decades.-VNA... [read more]

HCM City, August 9 (VNA) – Businesses should cooperate closely with the Government to usher in a second export wave of products with higher added-value and promotion of brands, participants at a seminar in HMC City said on August 8.  According to Nguyen Phu Hoa, deputy head of the Ministry of Industry and Trade’s Import and Export Department, the second wave is crucial given the world has entered the tech-based Fourth Industrial Revolution that is tranforming society, services and trade.  For example, in Japan and the US, humans are working with robots while China is targeting more modern production similar to the Republic of Korea’s and Japan’s.  Vietnam’s first export wave, in which businesses exported raw material, is over.  The seminar pointed out that certain foundations would need to be established to successfully develop the second wave.  The first is setting up a system to share know-how innovated with the support of the Government, according to participants.  This kind of sharing will enable companies to access new technologies, talents and scientists.  Thus, all research outcomes must be shared and published so that they could be applied.  The second requirement is creating trust and confidence since now many consumers doubt the origin and quality of goods.  Thirdly, a competitive infrastructure needs to be developed.  Hoa said one huge thrust would be needed to upgrade roads, bridges, ports, and logistics facilities to serve production and exports.  "But exports cannot…... [read more]

According to Nguyen Phu Hoa, deputy head of the Ministry of Industry and Trade’s Import and Export Department, the second wave is crucial given the world has entered the tech-based Fourth Industrial Revolution that is transforming society, services and trade. For example, in Japan and the US, humans are working with robots while China is targeting more modern production similar to the Republic of Korea’s and Japan’s. Vietnam’s first export wave, in which businesses exported raw material, is over. The seminar pointed out that certain foundations would need to be established to successfully develop the second wave. The first is setting up a system to share know-how innovated with the support of the Government, according to participants. This kind of sharing will enable companies to access new technologies, talents and scientists. Thus, all research outcomes must be shared and published so that they could be applied. The second requirement is creating trust and confidence since now many consumers doubt the origin and quality of goods. Thirdly, a competitive infrastructure needs to be developed. Hoa said one huge thrust would be needed to upgrade roads, bridges, ports, and logistics facilities to serve production and exports. "But exports cannot be competitive when traffic jams occur regularly when goods are on the way to airports and ports," and this problem should be fixed soon, he said. Yasuo Nishitohge, general director of Japanese retailer AEON Vietnam, said Vietnamese goods suppliers were constantly improving…... [read more]

Businesses should co-operate closely with the Government to usher in a second export wave of products with higher added-value and promotion of brands, participants at a seminar in HMC City said on Tuesday. Footwear products made at My Phong shoe company in Tra Vinh Province’s Chau Thanh District. Viet Nam is advised to enter a second export wave of high added value products. According to Nguyen Phu Hoa, deputy head of the Ministry of Industry and Trade’s Import and Export Department, the second wave is crucial given the world has entered the tech-based Fourth Industrial Revolution that is tranforming society, services and trade. For example, in Japan and the US, humans are working with robots while China is targeting more modern production similar to South Korea’s and Japan’s. Viet Nam’s first export wave, in which businesses exported raw material, is over. The seminar pointed out that certain foundations would need to be established to successfully develop the second wave. The first is setting up a system to share know-how innovated with the support of the Government, according to participants. This kind of sharing will enable companies to access new technologies, talents and scientists. Thus, all research outcomes must be shared and published so that they could be applied. The second requirement is creating trust and confidence since now many consumers doubt the origin and quality of goods. Thirdly, a competitive infrastructure needs to be developed. Hoa said one huge thrust would be needed to upgrade roads, bridges, ports, and logistics…... [read more]

NDO/VNA – A workshop focusing on the 50-year history of the Association of Southeast Asian Nations (ASEAN) was held in Tokyo, Japan on August 8, on the occasion of the bloc’s jubilee anniversary. The event, jointly organised by the ASEAN Japan Centre (AJC) and the Economic Research Institute for ASEAN (ERIC), was attended by the ambassadors and embassy representatives of the ten ASEAN nations and its dialogue partners, alongside 300 delegates of the government and academic and business circles in Japan. Opening the workshop, Vietnamese Ambassador to Japan Nguyen Quoc Cuong, who is also Chairman of the ASEAN Committee in Tokyo, described the event as one of a number of significant activities to mark the ASEAN’s 50th anniversary. From the first five founding members, the bloc has continuously overcome difficulties and challenges, maintaining its solidarity in diversity, and has grown into the ASEAN Community with 10 member nations, with open external relations. The ambassador noted that while the ASEAN Community has become a model for successful regional cooperation, it is also facing challenges in the context of rapid changes within the region and across the globe, along with the ongoing fourth Industrial Revolution 4.0. He affirmed that Japan is one of the leading and closest partners of ASEAN. At the event, participants analysed the achievements and challenges of ASEAN, and envisioned the prospects for the growing relationship between Japan and ASEAN in the next decades.... [read more]

Footwear products made at My Phong shoe company in Tra Vinh Province’s Chau Thanh District. Vietnam is advised to enter a second export wave of high added value products. (Photo: VNA) HCM City (VNA) – Businesses should cooperate closely with the Government to usher in a second export wave of products with higher added-value and promotion of brands, participants at a seminar in HCM City said on August 8. According to Nguyen Phu Hoa, deputy head of the Ministry of Industry and Trade’s Import and Export Department, the second wave is crucial given the world has entered the tech-based Fourth Industrial Revolution that is tranforming society, services and trade. For example, in Japan and the US, humans are working with robots while China is targeting more modern production similar to the Republic of Korea’s and Japan’s. Vietnam’s first export wave, in which businesses exported raw material, is over. The seminar pointed out that certain foundations would need to be established to successfully develop the second wave. The first is setting up a system to share know-how innovated with the support of the Government, according to participants. This kind of sharing will enable companies to access new technologies, talents and scientists. Thus, all research outcomes must be shared and published so that they could be applied. The second requirement is creating trust and confidence since now many consumers doubt the origin and quality of goods. Thirdly, a competitive infrastructure needs…... [read more]

Footwear products made at My Phong shoe company in Tra Vinh Province’s Chau Thanh District. Viet Nam is advised to enter a second export wave of high added value products.— VNA/VNS Photo Vu Sinh Businesses should co-operate closely with the Government to usher in a second export wave of products with higher added-value and promotion of brands, participants at a seminar in HMC City said on Tuesday. According to Nguyen Phu Hoa, deputy head of the Ministry of Industry and Trade’s Import and Export Department, the second wave is crucial given the world has entered the tech-based Fourth Industrial Revolution that is tranforming society, services and trade. For example, in Japan and the US, humans are working with robots while China is targeting more modern production similar to South Korea’s and Japan’s. Viet Nam’s first export wave, in which businesses exported raw material, is over. The seminar pointed out that certain foundations would need to be established to successfully develop the second wave. The first is setting up a system to share know-how innovated with the support of the Government, according to participants. This kind of sharing will enable companies to access new technologies, talents and scientists. Thus, all research outcomes must be shared and published so that they could be applied. The second requirement is creating trust and confidence since now many consumers doubt the origin and quality of goods. Thirdly, a competitive infrastructure needs to be…... [read more]




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