At the symposium. (Source: VNA) Hanoi (VNA) –The readiness of enterprises inVietnam, and foreign countries in general, for the Fourth Industrial Revolution(Industry 4.0) was debated at a symposium in Hanoi on July 13.
The symposium, themed “Smart Production Development: Visionand Solutions for Sustainable Development,” took place within the framework ofthe Industry 4.0 Summit and Exhibition on July 12-13.
Delegates at the event also looked into mechanisms andpolicies which need to be streamlined in order to push ahead with smart andhigh-tech application in production, and thus improve the productivity andcompetitiveness of various enterprises and the economy.
Representatives from the world’s leading technological firmsshared their experience in implementing Industry 4.0, as well as building,managing, and operating digital and smart factories.
The participants said information and communicationtechnologies, plus other new trends of the Fourth Industrial Revolution, havegenerated both challenges and opportunities for business administrators.
Cao Duc Phat, permanent deputy head of the Party CentralCommittee’s Economic Commission, said smart factories with breakthrough technologieswill change traditional production methods, creating new products withoutstanding quality.
The automation and artificial intelligence technology willmean the cheap unskilled labour force may lose some of its advantages in theindustrial sector and require a workforce suitable to the new situation, hesaid.
Moreover, natural resources have been gradually replaced bynew synthetic materials, the official said, noting that major technologicalprogresses in renewable energy production has helped ease the reliance onfossil fuels.
The symposium is expected to help Party think tanks, Statemanagement agencies and the research and business circles set forth guidelines andpolicies to step up technological application and development.-VNA
VNA
