At the Industry 4.0 Summit concluded in Hanoi on Friday, Vietnamese IT giants affirmed that the first and foremost solution for the country to advance in the Fourth Instrial Revolution is enhancing human resources, especially in the area of artificial intelligence (AI).
Overview of Industry 4.0 Summit in Hanoi on Friday
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“It’s necessary to boost the human resource in the area of information technology (IT)”, Chinh said, while suggesting the government to issue incentives regarding taxes, lands, etc. for education firms to provide high-quality personnel in the field.
Sharing the same opinion, Vo Quang Hue, deputy CEO of real estate giant Vingroup, highlighted the role of human resources toward the revolution. Hence, the group has decided to pour about US$10 million in its vocational school, Hue noted.
Besides, enterprises suggested the government to encourage the win-win policies for both domestic firms as well as foreign ones.
"The government should bring equal incentives for Vietnamese firms who invest in 4.0 Industrial areas like Big data, AI, with foreign technology giants like Samsung," said Nguyen Trung Chinh from CMC. “They should also be able to enjoy the most favorable incentives on land, value added tax, import-export tax, etc.” Chinh stressed.
Meanwhile, Chairman of FPT Group Truong Gia Binh said: “The new economy craves for a new legal framework, in which if Vietnam go ahead, international organizations would find Vietnam as an attractive hub in the Fourth Industrial Revolution.”
The Fourth Industrial Revolution, a fusion of digital, physical and biological technologies, the internet of things and artificial intelligence, is taking place all over the world and having a strong impact on all aspects of socio-economic life, leading to changes in production methods and workforce structures.
Vietnam is positively involved in the revolution also, affirmed experts and Vietnamese officials.
“Vietnam cannot be excluded from the Fourth Industrial Revolution," Vietnamese Prime Minister Nguyen Xuan Phuc stated at the Industry 4.0 Summit.
For this, Vietnam needs to “change its preconceptions, take concrete actions, boost technological development and resolve possible side effects of the Fourth Industrial Revolution,” the PM said.
