Most of them cannot afford to prepare themselves for the wave of automation, or even worry about it. Quyen wakes up every day with the same routine: working until 6 p.m., rushing to her room to cook a quick meal with some vegetables and 150 grams of meat for both dinner and breakfast the next morning, and heading back to the factory to work overtime. Despite holding a teaching degree, the young woman from the northern province of Yen Bai chose factory life at the Bac Thang Long Industrial Zone in Hanoi as she could not afford the VND300 million ($13,200) needed to bribe herself into a school job back home. She still owes more than VND30 million of a social loan borrowed to pay for her college tuition. She hopes the factory job will help clear that debt. Vietnam's average annual income was around $2,200 last year. Many of Quyen’s co-workers are also college or university graduates, trained to use their academic knowledge to help the economy. But the only doors they found … [Read more...] about Will Vietnamese workers have a place in the Fourth Industrial Revolution?
The fourth industrial revolution
However, what is the subject of much debate, is how the new technology-driven age could stand to broaden and deepen the inequality gap between those who possess the ability to prosper, and those untold millions of uneducated Vietnamese that don’t have access to quality education and hence won’t flourish in this new era. Then there are also the monumental issues surrounding the need to change current perceptions and raise awareness about the omnipresent importance of improving the education of women and girls throughout the country. It is short-sighted at best to think that an illiterate mother raising her children in a rural village in Vietnam will be able to benefit from the cutting-edge products or services being produced in the country in the new era, or that one of her daughters will be empowered to benefit without fundamental change being effectuated. In this age of ‘fake news’ in Vietnam it is all too easy for critical issues—such as the fact that … [Read more...] about Getting the Fourth Industrial Revolution right
The session on January 20 morning (local time) focused on the governance in the fourth industrial revolution. PM Phuc said governments should fine-tune institutions, regulations and policies to meet the development requirements brought about by the fourth industrial revolution. They also need to make use of the revolution’s opportunities to solve global issues such as developing new energy sources, water resources security, sustainable organic agriculture, and responding to natural disasters, epidemics and climate change. Vietnam is pushing forward with start-up and innovation facilitation policies, obstacle removal, IT application and e-Government building, he noted. At a meeting with Ukrainian President Petro Poroshenko, PM Phuc said the two countries should enhance cooperation in economics, trade, education-training, science-technology and culture. He asked Ukraine to continue providing favourable conditions for Vietnamese people in the country who in turn will help to … [Read more...] about PM highlights impacts of fourth industrial revolution in Davos
The government is determined to grasp opportunities from the fourth industrial revolution and develop Vietnam into an IT power, Prime Minister Nguyen Xuan Phuc said in his opening remarks at the Vietnam Information and Communications Technology (ICT) Summit that opened in Hanoi on September 24. Themed “The Digital Revolution – Opportunities and Challenges”, the annual policy and business networking forum of national scale was held by the Vietnam Software and IT Services Association (Vinasa) under the auspices of the Ministry of Information and Communications (MoIC). The event attracted more than 500 delegates from ministries, agencies, localities and businesses at home and abroad. PM Phuc noted that this year, Vietnam moved up 10 spots from 2015 to the 89th out of 193 countries in terms of e-government development. The country has also attracted many IT giants such as IBM, Microsoft, Intel, Toshiba and Samsung, while many domestic IT firms such as Viettel, FPT and … [Read more...] about Vietnam resolved to grasp chances from fourth industrial revolution
(VOVworld)– Over 2,500 leaders from100 countries will convene at the 46th World Economic Forum Annual Meeting, from 20 to 23 January in Davos, Switzerland, themed “Mastering the Fourth Industrial Revolution”. At a press conference on Wednesday in Geneva, WEF’s President, Klaus Schwab, said that the 4th Industrial Revolution refers to the fusion of technologies across the physical, digital and biological worlds, which is creating new capabilities and dramatic impacts on political, social and economic systems. Critical current challenges, such as security, climate change, “new normal” global growth and commodity prices, are high on the agenda. … [Read more...] about World Economic Forum 2016 focuses on Mastering the Fourth Industrial Revolution