Forum seeks to accelerate innovation in industry

Representatives of some 200 companies and associations gathered at Industry Innovation Forum 2022, themed “Smart Manufacturing”, held by the Board of Management of Saigon Hi-tech Park (SHTP) in Ho Chi Minh City on September 20.
Forum seeks to accelerate innovation in industry ảnh 1Speakers in a discussion held at Industry Innovation Forum 2022. (Photo: VNA)
HCM City (VNA) – Representatives of some 200 companies andassociations gathered at Industry Innovation Forum 2022, themed “SmartManufacturing”, held by the Board of Management of Saigon Hi-tech Park (SHTP) inHo Chi Minh City on September 20.

It is the first time the forum has been organised, saidNguyen Anh Thi, head of the SHTP Board of Management.

It will be made an annual event for enterprises and expertsto share experience and strengthen connectivity and partnership in acceleratinginnovation in industry in Vietnam, he noted, adding that this, therefore, willenable improved productivity and optimise operating costs and efficiency in useof resources.

Innovation and application of technology in productionremain a major challenge for enterprises not only from Vietnam but globally,Thi said, emphasising that Vietnam can import technology but not innovation.

Vietnam sets to be among the world’s top 40 performers inthe Global Innovation Index (GII) by 2030. It also aims to expand 5Gcoverage to the whole country and have the digital economy account for more than 30% ofits GDP by the end of this decade.

It is seeking to develop a number of priority sectors,namely information technology, electronics-telecommunications, cyber security,smart manufacturing, finance-banking, e-commerce, digital agriculture, e-tourism,digital culture, health care, education and training.

During the forum, experts and business representativesdiscussed the prospect of industrial manufacturing in Vietnam and sharedexperience in leveraging technology to innovate the industry and maintain aleading position.

Last year, Vietnam’s digital economy hit 21 billion USD, ayear-on-year surge of 31%, making up 5% of the GDP. Google, Temasek Holdingsand Bain & Co. forecast that the Vietnamese digital economy will enjoy anannual growth of 29% to reach 57 billion USD in 2025./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.