ADB’s study Reaping the Benefits of Industry 4.0 Through Skills Development in Viet Nam examines the logistics and agro-processing industries in Viet Nam which are both important for growth, employment, international competitiveness, and 4IR. It finds that 4IR technologies will eliminate between a quarter and a third of jobs in these industries, but these would be more than offset by new labor demand, which could lead to positive job gains in both sectors.
“While applications of 4IR technologies will help the country move up the value chain in products and services, Viet Nam should consider new approaches to ensure inclusion and social protection for entry level workers, especially those at risk of job displacement, and those who need upskilling,” said ADB Country Director for Viet Nam Andrew Jeffries. “Adequate and timely investments in skills development can help the country not only to harness the potential of 4IR to increase productivity but also ensure the 4IR will benefit workers at large.”
Because of the impact of COVID-19 on supply- and value chains, Viet Nam’s agro-processing industry will need to adjust to shifting consumer behavior. While logistics should see a post-pandemic upswing due to the growth of e-commerce and the changing nature of retail, both industries will have to embrace digital supply chains and launch digital initiatives – rendering the need to upskill and reskill even more urgent.
The study is part of a four-country study of ASEAN nations that also includes Cambodia, Indonesia, and The Philippines.
While 68% of training institutions in Viet Nam reported feeling well equipped for 4IR, this was lower than Cambodia (73%), the Philippines (81%) and Indonesia (95%). There is also a mismatch in perceptions between training institutions and employers in the preparedness of graduates to work. Only 4% of training institutions reported using online training platforms while 18% reported using augmented reality and virtual reality tools for training.
“As 4IR technologies spread rapidly, extensive investments in digital skills will improve the chances of the young and old to access higher quality jobs and lower the risk of job losses,” said ADB Principal Education Specialist Shanti Jagannathan. “Now is the time to re-think delivery of skills using virtual platforms and mobile technologies, develop agile training institutions with courses and credentials that match labor market needs”./.
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Việt Nam is taking strong actions from the central to the grassroots level to speed up the application of Industry 4.0 technology, making changes in fields of production, business, cultural and social life, as well as national defence and security.
over 40 countries and territories, including developing countries, have issued strategies and action programmes related to the Fourth Industrial Revolution (Industry 4.0). Many of them have also developed and implemented national digital transformation strategies, which is one of the core contents of participation in Industry 4.0.
For our country, many domestic and international research results forecast that participation in the Industry 4.0 will bring many positive results to Việt Nam’s economic growth in the future
The Party and State directed all levels and sectors to promote the application of science, technology and innovation and well as boost research activities to actively participate in Industry 4.0.
In Việt Nam, telecommunications infrastructure has been built in a synchronous manner, with mobile coverage reaching 99.7 per cent of the population nationwide. 3G and 4G coverage reached over 98 per cent with low cost, while the 5G network is undergoing testing and expected to be deployed commercially from 2020.
Industry 4.0 will bring both challenges and opportunities. We must proactively prevent and limit the negative impacts of this revolution. It requires management innovation to reform institutions, piloting new models
For developing countries like us, this is a golden opportunity and an important tool to catch up, compete, and make breakthroughs in the future.
the National Assembly, the Government, ministries and sectors and localities will jointly participate in implementing concrete programmes and plans to promote Industry 4.0 nationwide.
By 2025, Việt Nam strives to maintain its position in the top three ASEAN countries in the Global Innovation Index (GII) rankings, building the digital economy to account for about 20 per cent of GDP while labour productivity increases on average over 7 per cent per year.
To achieve these objectives, the resolution states several guidelines and major policies needed to be implemented, including innovating thinking and perfecting institutions to facilitate proactive participation in Industry 4.0 and the process of national digital transformation.
Việt Nam wishes to expand and deepen scientific and technological cooperation with partners, especially strategic partners with advanced science and technology qualifications, who are leading in Industry 4.0
the Government has issued many policies to speed up the Industry 4.0 nationwide.
Our target is fast and sustainable development based on Industry 4.0. We need to build up our creation and innovation capacity
It’s said that technology is important and institution is decisive, but in my view, people are the most decisive factor
The Party General Secretary and President recently signed Resolution No.52 on behalf of the politburo. The government plans to implement policies that facilitate the country’s active participation in the fourth industrial revolution.
over the last few years, Vietnam has stepped up the development and applications of science, technology, and creative innovation to access and contribute to Industry 4.0.
There are specific policies on the development of essential infrastructure; development and enhancement of the national creative innovation capacities; human resource development; development of priority sectors and technologies; and international integration.
the State will support digital transformation in businesses and current manufacturing sectors. It will enable them to optimise, allocate, and improve the efficiency of resource use, enhance competitiveness, and promote innovation in new industries, products, and business models.
A series of contents related to Industry 4.0 were actively implemented by the government.
We assess the current status of industrialization in the country, take a closer look at the contents of the national policy and action plan, and identify future opportunities and challenges.
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