Fourth Industrial Revolution to create new industries in Vietnam
The fourth Industrial Revolution will create new industries, which are expected to give new momentum to Vietnam’s economic growth, said an economic expert.
Hanoi (VNA) – The fourth Industrial Revolution will create newindustries, which are expected to give new momentum to Vietnam’s economicgrowth, said an economic expert.
Speakingat a workshop in Hanoi on November 21, Nguyen Thi Tue Anh, Deputy Director ofthe Central Institute for Economic Management (CIEM), explained that therevolution will change the structure of sectors as well as growth resources.
Thegovernment has assigned the Ministry of Planning and Investment, and the CIEMto draft a national strategy on the fourth Industrial Revolution, build aninnovation and creation centre, and develop a network of talents, she said.
DangQuang Vinh, deputy head of the CIEM’s Business Environment and CompetitiveAbility Department, held that with huge economic potential and ability ofbusinesses and labourers, Vietnam can capitalise on the revolution.
Vinhcited services launched by FastGo, thefirst ride-hailing app to offer insurance to customers for all trips, notcharge drivers for discounted rates and provide driver partners with manybenefits.
However, he said, new management methods and goodsupportive policies are necessary for Vietnam’s new technologicalsectors, he said.
The CIEM pointed out challenges facing Vietnamwhen the country enters the fourth Industrial Revolution such as a shortage ofIT workers, especially high-quality labour resources, unclear institutions,limited domestic capital and difficulties hindering foreign investment instartups.
Many experts suggested competent agenciescooperate with businesses to grasp information, build suitable institutions,create a favourable legal corridor for business activities and reduce risks tosociety, while promptly adjusting unsuitable business regulations and issuingnew ones.
Many underlined the need to set forth taxpolicies to attract human resources, especially Vietnamese abroad, enhancecooperation between universities and businesses, build training programmes inenterprises and expand EduTech/Learning models in the IT sector.-VNA
The fourth Industrial Revolution (Industry 4.0), is expected to make Indonesia one of the top 10 economies in the world in 2030, stated Industry Minister Airlangga Hartarto.
The fourth industrial revolution brings opportunities but also challenges for traditional craft villages in Vietnam, a truth evident to both experts and local households.
The fourth Industrial Revolution will impact all socio-economic aspects of Vietnam, especially labour and employment, heard a forum in Hanoi on October 31.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
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Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
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Under the theme “Breakthrough Era with the Development of Industrial Internet”, the event gathered over 400 delegates, including senior officials, leading Internet experts, and technology engineers from Vietnam and abroad.
At the workshop (Source: qdnd.vn) 
