It is expected that Vietnam should prepare itself for this great opportunity as well as challenge. Clear Objectives Questions ‘Where is Vietnam now in the process of the Fourth Industrial Revolution?’, ‘What are other nations doing in this process?’, and ‘What should Vietnam do to successfully develop its digital economy as well as smart industry?’ were raised by Prime Minister Nguyen Xuan Phuc at the international exhibition ‘Smart Industry World 2017’ in Hanoi at the end of 2017. By raising these questions, the Prime Minister wished that there would be not only a detailed report on Vietnam’s current position in implementing new technologies and developing smart industry but also an analysis of strengths and weaknesses, especially on human resources, the innovation and activeness of the private business sector. Up till now, most of the major businesses with great potential on technology such as Viettel, VNPT, FPT, CMC, VNG have already announced that they are ready for the Fourth Industrial Revolution. According to VNPT’s representative, being one of the founding members of the World Economic Forum (WEF), VNPT has had access to the content of this revolution since its early time (the first version in January of 2016). The company has… Read full this story
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