The Vietnamese youth is optimistic about the changes Industry 4.0 will bring, Photo: Le Toan Source: World Economic Forum and Sea, one of Southeast Asia’s leading internet companies Last weeks’ visit to Vietnam by Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), was quite special. He came to the country with a big gift, a great deal of novel ideas for Vietnam to go forwards sustainably within the unfolding Fourth Industrial Revolution. The gift was the Vietnamese-language version of his world-famous book titled “Shaping the Fourth Industrial Revolution,” which has already been translated into 29 languages. “Shaping the Fourth Industrial Revolution” draws on contributions by more than 200 of the world’s leading technological, economic, and sociological experts to present a practical guide for citizens, business leaders, social influencers, and policy-makers. It outlines the most important dynamics of … [Read more...] about Shaping future of Vietnam’s labour
Future and emerging technologies
Richard R. C. Shih speaking at Taiwan Excellence 2018 In the 4.0 era, how important are smart technology applications in our day-to-day lives? Are these applications suitable for use in Vietnam? We have various emerging technologies that impact our lives in different ways today. Take smart technology for example, it makes use of artificial intelligence (AI) to enable a level of cognitive awareness. The technology employs machine learning and Big Data analysis to perform functions that have traditionally been done by humans. This boosts the efficiency, productivity, and functionality of almost anything it is applied to, hence creating a smarter and more comfortable life for us. Vietnam is both qualified and motivated to take the lead in the Fourth Industrial Revolution. Smart applications can be applied in various fields in Vietnam, ranging from manufacturing and healthcare to education or home appliances. It also attracts great attention from users in Vietnam. In Vietnam, real … [Read more...] about How does technology make lives faster and easier?
Contactless payment is the future and a major foundation for the success of smart transport, Photo: Dung Minh Age of contactless transit Contactless payments are disrupting cities around the world in various areas, notably mass transit systems. A notable example is London (the UK), where 2.5 million contactless journeys are made across bus, tube, and rail services every day. Since early 2016, the proportion of pay-as-you-go journeys made through London’s contactless systems has risen from 25 to more than 50 per cent of today. It is estimated that more than four of every five journeys of this kind are made using Visa contactless cards. Various reasons have been put forward for the London success story. First, the underlying technology, such as chip cards based on Europay, Mastercard, and Visa (EMV) standards are already there. Second, Transport for London has enabled contactless payments across all modes of transit – tube, bus, light rail, heavy rail – making it … [Read more...] about Riding digital payments to the future of transport
Diep Thanh Kiet, Lefaso’s deputy chairman Viet Nam’s footwear exports have been worth US$9.45 billion in the first half of this year, a year-on-year increase of 8.4 per cent. According to the Viet Nam Leather and Footwear Association (Lefaso), footwear companies have faced challenges due to the US-China trade spat and rapid progress of the fourth industrial revolution. Diep Thanh Kiet, Lefaso’s deputy chairman, talks to Viet Nam News about these issues. What are the advantages and challenges for the footwear industry and what do you think about its export prospects this year? Viet Nam’s leather and footwear export can reach US$19.5 billion or slightly higher depending on the situation. We see many advantages for Viet Nam’s leather and footwear sector. Negotiations for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership have concluded and according to the Vietnamese negotiating team, it is likely that the agreement will come … [Read more...] about Footwear industry at technological crossroads
RMIT and TNO collaborate to strengthen cyber expertiseThe Saigon Times Daily RMIT and TNO representatives at the signing ceremony - PHOTO: COURTESY OF RMIT VIETNAM HCMC - RMIT University and the Netherlands Organization for Applied Scientific Research (TNO) have signed a memorandum of understanding (MOU) to strengthen cyber expertise in a number of areas, in particular the Internet of Things (IoT), blockchain, and dark web. Associate Professor Mathews Nkhoma, head of RMIT Vietnam’s School of Business & Management, said he expects the cooperation to generate much knowledge about emergent cybersecurity threats in blockchain and IoT. “This agreement will facilitate discussions of possible solutions to cybersecurity threats, with an interdisciplinary approach, and based on technical foundations from control theory, artificial intelligence, game theory, networking, and software engineering,” he said. “In addition, the MOU will create an opportunity for … [Read more...] about RMIT and TNO collaborate to strengthen cyber expertise