IoT connectivity infrastructure, Vietnam’s top priority in Fourth Industrial Revolution

Vietnam is developing a science technology and innovation strategy with a vision to 2035 for the Fourth Industrial Revolution
iot connectivity infrastructure vietnams top priority in fourth industrial revolution

The Internet of Things (IOT), also known as the Internet Connectivity Network, has recently emerged from the global technology boom.

IoT is a system of interrelated computing devices, mechanical and digital machines, and smart devices that can automate almost every sector and socio-economic field with its ability to transfer data over the network without requiring human-to-human or human-to-computer interaction.

Phan Thanh Son, Chief Technology Officer of FPT IS said, “IoT will create more connections in a smarter way to provide people more information. It will communicate with people and things automatically.

This represents a new way for people to exchange information to help each other. For example in the past, when a global incident occurred, government leaders had to fly to meet each other. That meant the opportunity to address the event could be lost. But now connection can easily be set up thanks to technology."

By 2020 Vietnam hopes to be a nation with a good IoT connectivity infrastructure. It is developing a science, technology, and innovation strategy, with a vision to 2035 for the Fourth Industrial Revolution.

Minister of Science and Technology Chu Ngoc Anh said at a recent seminar in HCM city, “The world is pursuing a trend of enhanced cooperation and integrated economies driven by advanced technology and innovation. Vietnam considers the opportunities and challenges brought by the Fourth Industrial Revolution to be the bass for choosing national directions and a way to close Vietnam’s development gap with other countries.”

Vietnam's advantages in the IoT era are a young workforce and breakthroughs in information technology. The government is encouraging businesses to build their own IoT platforms instead of just buying second-han technologies.

Source: VOV

Related News

Equipping human resources with digital skills drives the development of the logistics industry

Equipping human resources with digital skills drives the development of the logistics industry

VCN - Human resources play a crucial role in the logistics field. However, the proportion of trained personnel to meet practical demands remains limited, affecting the competitive capacity of the logistics service industry. Especially in the context of the Fourth Industrial Revolution and the proliferation of digital technology, the logistics industry faces new opportunities and challenges.

Latest News

High-quality science, technology human resources key to sustainable growth

High-quality science, technology human resources key to sustainable growth

To achieve sustainable development and help the economy take off, high-quality human resources and advancements in science and technology should be seen as key components, according to insiders.
Vietnam, France look to boost economic partnership

Vietnam, France look to boost economic partnership

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.
Opportunity for growth and investment links between Vietnam and the US

Opportunity for growth and investment links between Vietnam and the US

VCN- “Before deciding to invest, the US investors are always interested in building the business and investment environment in localities”, US Ambassador to Vietnam Marc E. Knapper told the media.
Positive economic transformations in four months

Positive economic transformations in four months

VCN - In the context of global difficulties and challenges, Vietnam's socio-economic situation in April continues to undergo quite positive transformations, contributing to improving the overall results of the first four months of the year and setting the pace for the following months.

More News

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.
Việt Nam, Japan sign MoC on forestry co-operation

Việt Nam, Japan sign MoC on forestry co-operation

In wood product trade, Japan is one of the five biggest importing countries of Việt Nam in the world with about US$1.5-2 billion each year.
Mounting inflationary pressure requires Government’s flexible moves

Mounting inflationary pressure requires Government’s flexible moves

Inflationary pressure may increase between now and the year’s end due to impacts of multiple factors, requiring the Government take proactive and flexible actions, some experts have said.
Business conditions numerous and cumbersome: CIEM

Business conditions numerous and cumbersome: CIEM

Major hurdles must be overcome to simplify and streamline regulations governing economic activities, according to the latest report by the Central Institute of Economic Management (CIEM).
Prime Minister chairs seminar with Chinese businesses

Prime Minister chairs seminar with Chinese businesses

Prime Minister Pham Minh Chinh on May 14 chaired a seminar with representatives from 19 Chinese groups specialising in green economy and digital economy.
Vietnam charts vision for sustainable, modern fisheries

Vietnam charts vision for sustainable, modern fisheries

Vietnam aims to have a sustainable and modern fishery sector by 2050, with maritime and inland waters biodiversity preserved and local livelihoods improved.
Vietnam becomes fastest growing digital economy in ASEAN: HSBC

Vietnam becomes fastest growing digital economy in ASEAN: HSBC

Vietnam was the fastest growing digital economy in ASEAN in 2022 and 2023 and it is expected to maintain this position until 2025, with the number of smartphones users anticipated to reach 67.3 million by 2026, accounting for 96.9% Internet users.
Maintain fiscal policy to "open the way" for the economy in 2024

Maintain fiscal policy to "open the way" for the economy in 2024

VCN - According to Dr. Can Van Luc, member of the National Financial and Monetary Policy Advisory Council (as picture), to maintain high and sustainable growth momentum in the next 1-2 years, the Government still needs to continue to prioritize fiscal policy tools with the support of monetary policy to promote domestic aggregate demand. In particular, to further accelerate economic recovery, it is necessary to apply support policies similar to the Covid-19 epidemic and "stimulate" consumption and private investment.
Key economic pillars show positive growth

Key economic pillars show positive growth

Vietnam's economy has gone through one-third of the 2024 yearly plan and achieved some remarkable results, showing clear recovery momentum through the growth of important pillars.
Read More

Your care

Latest Most read
High-quality science, technology human resources key to sustainable growth

High-quality science, technology human resources key to sustainable growth

To achieve sustainable development and help the economy take off, high-quality human resources and advancements in science and technology should be seen as key components, according to insiders.
Vietnam, France look to boost economic partnership

Vietnam, France look to boost economic partnership

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.
Opportunity for growth and investment links between Vietnam and the US

Opportunity for growth and investment links between Vietnam and the US

VCN - Currently, the relationship between the US and Vietnam has been upgraded to a comprehensive strategic partnership, which is a solid foundation for the US to assist Vietnam's sustainable development and contribute to improving the business investment
Positive economic transformations in four months

Positive economic transformations in four months

VCN - In the context of global difficulties and challenges, Vietnam's socio-economic situation in April continues to undergo quite positive transformations, contributing to improving the overall results of the first four months of the year and setting the
Vietnam is ready to welcome a new wave of investment in the semiconductor industry

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.
Mobile Version