Politics

PM stresses human resource development for industrial revolution

Vietnam will focus on developing human resources, science and technology in a bid to keep pace with the fourth industrial revolution, Prime Minister Nguyen Xuan Phuc said at a debate session on the future of production in Davos, Switzerland, on January 19.
PM stresses human resource development for industrial revolution ảnh 1Prime Minister Nguyen Xuan Phuc (first, left) meets with delegates to the event (Photo: VNA)
Davos (VNA) – Vietnam will focus on developing human resources,science and technology in a bid to keep pace with the fourth industrialrevolution, Prime Minister Nguyen Xuan Phuc said at a debate session on thefuture of production in Davos, Switzerland, on January 19.

At the session, which forms part the 47th World Economic ForumAnnual Meeting, he noted that Vietnam can no longer count on exhausting naturalresources and cheap labor force to achieve a fast and sustainable growth in theera of the fourth industrial revolution.

He briefed participants that the country is renewing growth modal and improvinggrowth quality, labour productivity and economic competitiveness whiledeveloping sectors with high added value, scientific and technologicalapplications and highly-skilled workers.

He affirmed that businesses are positioned as the central part of Vietnam’srenovation course and the Government will work to spur development, serve thepeople and businesses, and strive to create a fair and favorable businessenvironment for businesspeople.

Up to 110,000 new businesses were set up in 2016, he said, reporting on thecountry’s 2020 goal of having over 1 million new enterprises and assisting 600businesses with 2,000 projects in creative start-up with a view to helpingbusinesses’ access to novel technologies. In addition to that, Vietnam willspeed up international integration to nurture renovation and creativity.

In 2017, Vietnamwill host the APEC Summit under the theme “Creating new driving force for acommon future”, which is facilitating discussions on promoting economiclinkages and raising competiveness in the digital era and offering a goodchance for businesspeople and investors to seek partnerships, he stressed.

The World Economic Forum (WEF) Annual Meeting 2017 started in Davos,Switzerland, on January 17.

It brought together 3,000 participants, including 50 State leaders, governmentofficials from 70 countries worldwide, and representatives from internationalorganisations, such as the United Nations and the World Trade Organisation.

Lasting throughJanuary 20, the meeting consists of 446 sessions, discussing the globalmatters, such as inclusive growth, the fourth industrial revolution,international cooperation models and immigration.-VNA



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