Transport sector speeds up for fourth industrial revolution

The fourth industrial revolution will have a profound impact on every country, industry and business, and the transport sector is no different.
Transport sector speeds up for fourth industrial revolution ảnh 1Nguyen Ngoc Dong, Deputy Minister of Transport, speaks at a meeting on opportunities and challenges the fourth industrial revolution posed for the transport sector in Hanoi (Photo: baogiaothong.vn)
Hanoi (VNA) - The fourthindustrial revolution will have a profound impact on every country, industryand business, and the transport sector is no different.

The Ministry of Transport organised ameeting on the opportunities and challenges the fourth industrial revolutionposed for the transport sector in Hanoi on November 24.

According to Tran Quang Ha, Deputy Directorof the Science and Technology Department under the Ministry of Transport, saidthat the country’s transport industry had experienced the second and thirdindustrial revolutions, and would now embrace the fourth.

Specifically, the industry has set up highspeed road systems and applied information technology and Internet connectionsin providing transport services such as ticket booking and check-in andautomatic charge collection, he said.

The appearance of Internet-based transportservices such as Uber and Grab and the provision of public services via theInternet are strongly influenced by this revolution, he noted.

"However, due to the lack of resourcesand an overall information technology application model, applications are justbeing developed on a narrow scale, without having formed a common and shareddatabase for the whole sector," Ha said.

The deputy director also said that thefourth industrial revolution could help save labour through technology, however,it could also affect workers by cutting job opportunities for cheap labour andchange the mode of production through apps like Uber and Grab.

Nguyen Ngọc Dong, Deputy Minister of Transport,noted that the beginning of the technology revolution would certainly affectthe Vietnamese economy in general and the transportation sector in particular.

“Therefore, we must analyse and evaluate inorder to manage the industry to keep up with global development,” heemphasised.

In the future, the deputy minister saidthat there would be reviews and updates to supplement and amend regulations formanagement in line with actual requirements.

The effects of data digitisation and bigdata storage require the industry to review strategies and planning to maketimely adjustments, creating opportunities to leapfrog in the direction ofdevelopment, he said.

"We also need to research newtechnology applications, digital technology, information sharing, artificialintelligence and robots to improve operational capacity. At the same time,agencies also need to be proactive in sharing information to serve the work ofmanagement and operations," he said.

Dong also emphasised the preparation ofhuman resources. "The urgent need is to prepare and direct skills trainingand update knowledge," he added.-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.