Việt Nam and Australia have become key economic partners in various fields since the relationship between the two countries was upgraded to comprehensive strategic partnership in March.
The HCM City C4IR, part of an agreement between Việt Nam and the WEF, is one of the 19 C4IRs of the World Economic Forum (WEF) and the second one in Southeast Asia.
FDI has been a major growth driver for the Vietnamese economy and is expected to continue the upward trend in the context of rising demand for diversifying the supply chain of multinational manufacturers, in which Việt Nam has increasing appeal...
Although much of the economy was impacted by the fourth wave of COVID-19 in 2021, Viet Nam’s imports and exports reached a record of nearly US$670 billion, an increase of almost 23 per cent from 2020.
In the context of the ongoing COVID-19 pandemic and the pending Fourth Economic Revolution, experts are grappling with how best to invigorate sustainable growth for the economy.
The Fourth Industrial Revolution is both creating opportunities and posing challenges to developed countries and countries entering the 4.0 revolution, including Viet Nam, from a perspective of readiness, ability integration and adaptation of the workforce.
The fourth wave of COVID-19 has affected all aspects of socio-economic life, including production and business. In response to the relaxing of pandemic restrictions, enterprises are being encouraged to take advantage of the unique opportunities that are now on offer.
Local businesses are struggling to recruit new employees due to a labour shortage caused by the fourth wave of COVID-19, according to authorities and business leaders.
While margin loans were still at a record high and securities companies continued to raise capital, new money deposited into accounts started to show signs of declining.
The trend of integrating modern technologies in the banking industry has been indispensable to meet customers’ requirements for convenience in the Fourth Industrial Revolution era, especially in the context of the re-outbreak of the COVID-19 pandemic.
The fourth industrial revolution (Industry 4.0) has a great impact on the human resources of the banking sector, according to the general director of Viet Nam Prosperity Joint Stock Commercial Bank (VPBank).
Improving labour productivity is vital for Vietnamese businesses in the context of Industry 4.0, with rapid increases in digitalisation, robotisation and intelligent automation, experts said.
Training the workforce and helping reskill low-skilled workers are important tasks in preparing for the rapid technological development during the Fourth Industrial Revolution.