MoIT prioritizes smart industry development

10:17 | 04/01/2018 Information Technology

(VEN) - Deputy Minister of Industry and Trade Do Thang Hai said the fourth industrial revolution will make industrial sectors more competitive and sustainable in the future.

moit prioritizes smart industry development

He spoke on December 5 at Smart Industry World 2017, a conference held for the first time in Vietnam to discuss future orientations and methods to attract investment and develop the Vietnamese smart industry.

Prime Minister Nguyen Xuan Phuc said the Vietnamese government should focus on guiding the building and development of the digital economy and smart industry as key tasks in restructuring the economy.

However the number of Vietnamese businesses that have financial capacity and strategic direction in the application of advanced technologies in the production process remains modest. With more than 97 percent of the country’s enterprises being small and medium-sized, they are facing great challenges.

In order to create favorable conditions for Vietnamese businesses to increase their accessibility and make most of opportunities, the prime minister issued Instruction 16/CT-TTg on capacity building for accessing the fourth industrial revolution, which concretizes solutions and tasks for ministries and departments. On November 10, 2017, the Ministry of Industry and Trade approved the action plan to implement the instruction by supporting businesses in developing advanced technologies, building digital transformation models and developing digital factories in potential industries.

To illustrate the advantages of utilizing smart technologies, TH Group Chairwoman Thai Huong said the group has applied advanced technologies to raise 45,000 cows. The cows are now “managed” by computer software to monitor their health and control their breeding time, while the grasslands are farmed with automatic watering machines and soil tillers. The application of advanced technologies has helped the group produce delicious and high-quality products, she said.

Nguyen Van Binh, head of the Vietnamese Party Central Committee’s Economic Commission, said it is necessary to develop specific mechanisms and policies to effectively implement the human resource development strategy to meet the requirements of the fourth industrial revolution.

The event included more than 50 booths showcasing smart technology solutions by the world’s leading producers and technology companies from the US, the European Union, Israel, the Republic of Korea, and Japan, including Siemens, Schneider, ABB, and Samsung.

The Ministry of Industry and Trade is actively searching and exchanging information with domestic and foreign businesses to develop business models based on technology platforms of the fourth industrial revolution.

Quynh Nga & Lan Anh