In 2018, after nearly one year implementing the Prime Minister’s directive on Industry 4.0 development, Vietnam has been gaining new achievements contributing to the widespread development of the applications of the Industry 4.0 to all sectors of the economy.
Access to new achievements of the revolutionary production in the trend of integration with the world economy will be an effective tool for Vietnam to effectively participate in the global value chain and accelerate the process of industrialization and modernization of the country. According to experts in the field of economics, the 4th Industrial Revolution has brought great opportunities as well as challenges for the industry in Vietnam. Digital technology, which has been applied in the industry and services, helps businesses increase labor productivity, thereby saving costs, bringing significant benefits to the State, enterprises and consumers. However, the 4th Industrial Revolution also poses many challenges for the State and enterprises to be boldly innovated such as building a strict legal corridor for the digitization industry, training and supplementing high quality human resources, innovative breakthroughs to enhance competitiveness.
In this context, Industry 4.0 Summit 2018 Conference features the theme “THE VISION AND DEVELOPMENT STRATEGY IN THE AGE OF INDUSTRY 4.0”.