Under the theme of “Vietnam's Strategy & Action Plan in Proactively Embracing the Fourth Industrial Revolution,” the summit is hosted by the Party Central Committee’s Economic Commission in collaboration with other relevant ministries and agencies.
Speaking at the opening, Politburo member and Head of the Central Economic Commission, Nguyen Van Binh, said that the Fourth Industrial Revolution is a major trend taking place all over the world with strong developments in science and technology that’s resulting in major rapidchanges in almost all fields of production, business, socio-cultural, national defence and security, creatingboth opportunities and challenges for all nations.
The Party and State have directed relevant agencies and sectors to step up the application and development of technologies and innovation. To seize and take advantage of the opportunities brought aboutby the industrial revolution, the Politburo had assigned the Central Economic Commission to build a project on policy to proactively join in the industrial revolution.
Politburo member Nguyen Van Binh speaks at the opening of the Industry 4.0 Summit 2019 in Hanoi on October 3, 2019. (Photo: VGP)
Based on the outcomes of the project, the Politburo issued Resolution 52 on September 27, mapped out a number of guidelines and policies on participating in the fourth Industrial Revolution.
Binh emphasised the need to bring the resolution into life to help Vietnam catch up with the region and the world in the fourth Industrial Revolution.
The Industry 4.0 Summit 2019 is taking place in Hanoi on October 2 and 3 with the participation of about 1,500 domestic and international delegates. The summit aims to explain key polices of the Party and State on Vietnam’s participation in the fourth Industrial Revolution, pool domestic and foreign experts’ recommendations for such engagement, and connect international investors in the field with the Vietnamese business community.
It features a high-level discussion, five symposiums on banking innovation, smart city, smart manufacturing, smart energy and digital economy, an exhibition on modern technologies and a business matching event.
Deputy Prime Minister Vu Duc Dam (C) visits exhibits at the Industry 4.0 Summit 2019 which opens in Hanoi on October 3, 2019. (Photo: VNA)
