Leading corporations set for Industry 4.0

16:27 | 10/09/2018 Science - Technology

(VEN) - The Fourth Industrial Revolution or Industry 4.0 is having a strong impact on all areas, including existing production and management systems. Enterprises should take the initiative in approaching new technologies and transforming production and trade models.

leading corporations set for industry 40
Most SABECO breweries have been computerized and automated

Initial success

The Ministry of Industry and Trade’s Department of Science and Technology says a number of leading corporations in the fields of electricity, oil and gas, and beer, alcohol and beverage industries have applied advanced technology in compliance with Industry 4.0.

The Saigon Beer - Alcohol - Beverage Corporation (SABECO), for example, has had most of its breweries computerized and automated. As the most modern factory of the corporation, the Saigon-Cu Chi brewery has been equipped with the Laboratory Information Management System (LIMS) to manage operations, compile data and monitor equipment and personnel.

The Vietnam National Tobacco Corporation’s (Vinataba) Hoa Viet Joint Stock Company has fully automated its material verification and measurement system. The company has designed and applied a remote farm control software program.

State support needed

Chairman of the Vietnam National Chemical Group (Vinachem) Council of Members Nguyen Phu Cuong said Industry 4.0 has become a major trend worldwide, and business need to renovate technology if they are to avoid lagging behind the trend. Enterprises need to prepare long-term development strategies in compliance with Industry 4.0, he said.

Do Duc Hau, General Director of the Advantech Vietnam Technology Joint Stock Company told Vietnam Economic News that if enterprises do not implement proper technological investment and policy development, they will be driven out from the market. The state should create the best conditions for enterprises to access credit for technology and competitiveness improvement, Hau added.

A representative of the Ministry of Industry and Trade’s Department of Science and Technology said Industry 4.0 research, facilitation and application is a key part of the industry and trade sector restructuring. The department will soon implement and suggest digital factory construction projects in different industries. In addition, the department will also strengthen international cooperation and improve business knowledge of the nature of and opportunities and challenges associated with Industry 4.0.

The Ministry of Industry and Trade’s Department of Science and Technology is working with the United Nations

Development Program (UNDP) to conduct a comprehensive survey on Industry 4.0’s impacts on the industry and

trade sector’s development. The survey will function as a base for evaluating enterprises’ readiness for digital

business, and for authorities’ policy development.

Quynh Nga