Industry 4.0 brings about opportunities for Mekong integration

Industry 4.0 brings about opportunities for Mekong integration: PM

The fourth Industrial Revolution has created great opportunities for promoting the integration of Mekong countries, with the rising important role of soft and digital connectivity in economic connectivity, stated Prime Minister Nguyen Xuan Phuc.
Industry 4.0 brings about opportunities for Mekong integration: PM ảnh 1Prime Minister Nguyen Xuan Phuc addresses the session (Photo: VNA)

Hanoi (VNA) – The fourth Industrial Revolution has created great opportunities for promotingthe integration of Mekong countries, with the rising important role of soft anddigital connectivity in economic connectivity, stated Prime Minister NguyenXuan Phuc.

Speaking at a session themed“A new Vision for Mekong Region” as part of the World Economic Forum on ASEAN(WEF ASEAN) in Hanoi on September 12, the Vietnamese Government leaderunderlined that Mekong countries’ integration has made important contributionsto reinforcing an environment of peace and stability in the region.

The process also helpspromote their potential, supplementary advantages, while fostering renovationand reform as well as completing economic institutions, thus contributing toimproving people’s living conditions.

Along withconnectivity in effective use of water resources, energy, transport and humanresources training, the Mekong region also has great potential in digitalinfrastructure connectivity thanks to a market with about 250 million consumershaving rising incomes.

He said that at ministerialmeetings within the WEF ASEAN 2018, Vietnam gave its ideas on the expansion ofcooperation in mobile network integration with a single service price amongCambodia, Laos, Myanmar and Vietnam, heading to a “flat ASEAN” where peopleenjoy best telecommunications services at a low roaming price.

He showed his beliefthat that Industry 4.0 will contribute to promoting the rapid and effectivegrowth of regional countries.

The session, whichdrew Cambodian PM Hun Sen, Lao PM Thongloun Sisoulith, Myanmar’s StateCounsellor Aung San Suu Kyi and Thai Deputy PM Prajin Juntong, discussed anumber of important issues to the growth and integration of Mekong countries,including the impacts of Industry 4.0, the digital, transport infrastructure,and soft connectivity, along with matters related to the environment and Mekongriver water resource management.

The leaders agreedthat the Mekong countries should work harder to promote their internalstrengths and market advantage as well as abundant young workforce to takeadvantage of opportunities and benefits of Industry 4.0 for more sustainabledevelopment.

They sharedorientations and measures to strengthen integration in the region, in ASEAN andthe world, fostering connectivity in transport, energy and telecommunicationsand economic connectivity.-VNA
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.