Opportunities for Vietnam to participate in the global semiconductor industry value chain Establishing a board of project implementation on building an IT system to implement digital customs 6th WCO Global AEO Conference opens in Shenzhen, China

Businesses urged to embrace the Fourth Industrial Revolution

19:39 | 12/06/2018 Import-Export Follow english.haiquanonline.com.vn on
The Fourth Industrial Revolution technological foundation presents huge opportunities for businesses to participate in the global supply chain, say economists.
businesses urged to embrace the fourth industrial revolution

Multinational companies have offered opportunities for Vietnamese businesses to become a part of global supply chains through support programs on capacity building and productivity and competitiveness improvement.

Vietnamese businesses can overcome any technological and financial challenges to seek clients and get involved in the global value chain if they take full advantage of these opportunities.

According to Associate Prof. Dr. Nguyen Manh Quan, head of Institute of Business Research and Development, Vietnamese businesses lack much of knowledge and experience in international business in the market economy mechanism. He maintains that the Fourth Industrial Revolution will provide connections to the global networks in which businesses will gain benefit.

Source: VNA
Tags:
businesses Fourth Industrial Revolution economist

Related News

New trends in digital transformation for businesses

New trends in digital transformation for businesses

13:29 | 13/05/2024 Import-Export

VCN - Given the rapid and substantial changes in technology, finding suitable solutions and keeping up with trends is a critical issue for businesses.
Businesses must fully understand the new EU import control regulations

Businesses must fully understand the new EU import control regulations

08:17 | 12/05/2024 Import-Export

VCN - According to the European Union (EU) regulations, from June 2024, all businesses related to goods exported from Vietnam to the EU must declare data before the goods arrive in the Import Control System (ICS2). If Vietnamese businesses are not aware of these regulations, they may face serious consequences.
Open credit flow to support import and export

Open credit flow to support import and export

09:30 | 08/05/2024 Import-Export

VCN - Weak demand, reduced orders, pressure from trade defense... thereby leading to a series of financial difficulties for import-export businesses. Therefore, the credit flow to support import and export needs to "flow" properly and meet the needs of businesses.
"The key" to promote growth for businesses

"The key" to promote growth for businesses

10:23 | 10/05/2024 Import-Export

VCN - An unlocking growth driver is an urgent requirement from the Government to help businesses and the economy quickly recover. But unlocking the driving forces must be accompanied by drastic reforms in institutions and the business environment to create conditions and increase confidence for businesses to step forward.

Latest News

Opportunities for Vietnam to participate in the global semiconductor industry value chain

Opportunities for Vietnam to participate in the global semiconductor industry value chain

11:34 | 15/05/2024 Import-Export

VCN - The global chip race is heating up, and Vietnam has a unique opportunity to assert itself as one of the participants in the semiconductor industry value chain.
"Improving quality, increasing quantity" of human resources in the semiconductor industry

"Improving quality, increasing quantity" of human resources in the semiconductor industry

11:31 | 15/05/2024 Import-Export

VCN - Customs Magazine reporter interviewed Associate Professor, Dr. Nguyen Thu Thuy, Director of the Department of Higher Education (Ministry of Education and Training).
Output simultaneously increased, many ports reported profits

Output simultaneously increased, many ports reported profits

14:47 | 14/05/2024 Import-Export

VCN - Import-export activities recovered strongly, bringing significant growth in the amount of goods exploited at ports in the first quarter of 2024, thereby recording impressive business results in both revenue and profit.
The Việt Nam Import-Export Report to be released Thursday

The Việt Nam Import-Export Report to be released Thursday

14:45 | 14/05/2024 Import-Export

The annual trade publication by the MoIT gives an overview of the import-export picture for the whole year

More News

Banks raise interest rates to attract depositors

Banks raise interest rates to attract depositors

14:44 | 14/05/2024 Import-Export

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
The fruit and vegetable industry has plenty of room for export in the five largest markets

The fruit and vegetable industry has plenty of room for export in the five largest markets

13:55 | 14/05/2024 Import-Export

VCN - Vegetables and fruits are products with great potential for export, because import demand in the world market is always high. Although it is a key export product, the market share of Vietnamese vegetables and fruits still accounts for a small proportion in the world's five largest markets.
Desk established in Dong Nai to support Japanese investors

Desk established in Dong Nai to support Japanese investors

17:04 | 13/05/2024 Import-Export

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
Fishery enterprises prioritize exporting value-added processed products

Fishery enterprises prioritize exporting value-added processed products

13:30 | 13/05/2024 Import-Export

VCN - Market fluctuations in recent years have shown that choosing a business strategy for value-added processed products is more suitable for Vietnam's fishery enterprises.
India as main market for Vietnamese star anise exports

India as main market for Vietnamese star anise exports

17:58 | 12/05/2024 Import-Export

Việt Nam has an anise growing area of about 40,000 hectares, mainly in Lạng Sơn and Cao Bằng, with an annual output of more than 16,000 tonnes.
Domestic auto market shows signs of recovery

Domestic auto market shows signs of recovery

17:57 | 12/05/2024 Import-Export

Cautious optimism as Việt Nam’s car market shows tentative signs of growth, which is expected to improve even more with new government policies to support the sector.
Responding to the market, export enterprises are willing to spend more on "green practices"

Responding to the market, export enterprises are willing to spend more on "green practices"

17:52 | 11/05/2024 Import-Export

VCN - Export businesses spend the most to invest in greening activities to target markets in developed countries, where environmental standards are higher and consumers are more aware of the environmental issue.
Cai Mep port authorised to receive super container ships

Cai Mep port authorised to receive super container ships

17:51 | 11/05/2024 Import-Export

The Ministry of Transport has approved a proposal for the Cai Mep International Terminal (CMIT) to officially receive reduced-load container ships with a carrying capacity of up to 214,121 DW.
The new race in developing green and smart industrial parks

The new race in developing green and smart industrial parks

10:07 | 11/05/2024 Import-Export

VCN - Vietnam is an attractive destination for foreign investors in the fields of high-tech equipment manufacturing. Accordingly, along with digital transformation, the transformation of the model from simple industrial parks to green industrial parks and ecological industrial parks is being focused on implementation by localities.
Read More

Your care

Latest Most read
Opportunities for Vietnam to participate in the global semiconductor industry value chain

Opportunities for Vietnam to participate in the global semiconductor industry value chain

11:34 | 15/05/2024 Import-Export

The global chip race is heating up, and Vietnam has a unique opportunity to assert itself as one of the participants in the semiconductor industry value chain.
"Improving quality, increasing quantity" of human resources in the semiconductor industry

"Improving quality, increasing quantity" of human resources in the semiconductor industry

11:31 | 15/05/2024 Import-Export

VCN - Customs Magazine reporter interviewed Associate Professor, Dr. Nguyen Thu Thuy, Director of the Department of Higher Education (Ministry of Education and Training).
Output simultaneously increased, many ports reported profits

Output simultaneously increased, many ports reported profits

14:47 | 14/05/2024 Import-Export

VCN - Data from the General Statistics Office shows that the import and export situation of goods has improved positively in the first quarter of 2024 with total import and export turnover reaching 178.04 billion USD, an increase of 15.5% over the same pe
The Việt Nam Import-Export Report to be released Thursday

The Việt Nam Import-Export Report to be released Thursday

14:45 | 14/05/2024 Import-Export

The annual trade publication by the MoIT gives an overview of the import-export picture for the whole year
Banks raise interest rates to attract depositors

Banks raise interest rates to attract depositors

14:44 | 14/05/2024 Import-Export

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
Mobile Version