The Vietnamese government promotes the fourth industrial revolution
The Vietnamese government is actively promoting the fourth industrial revolution, and it is expected that Vietnamese society will change a lot in the future. On May 4, 2017, the Prime Minister’s office issued the “Strengthening Directive to meet the Fourth Industrial Revolution” No. 16 / CT-TOT. The main contents are as follows.
· Efforts to promote infrastructure development, IT applications and IT personnel
· Develop digital infrastructure.
· Protection of network security
· Early establishment of e-government in each ministry. Simplified administrative procedures
· Develop digital technology industry, smart agriculture, smart tourism, smart cities.
· Support startups.
Building digital infrastructure for the fourth industrial revolution
The cornerstone of the fourth industrial revolution is the development of digital infrastructure in Vietnam.
First of all, regarding communication infrastructure, the coverage of 4G communications introduced in 2016 now accounts for 71.26% of the country and 95% of the population. 4G transmission speed is 21.49 Mbps, according to VINASA, which is the second largest transmission speed in Southeast Asia after Singapore. In addition, 5G is expected to be introduced domestically by network service providers in 2019. According to Swedish telecommunications equipment manufacturer Ericsson, the economic effect brought by 5G is said to be would be economically viable at $ 3.17 billion if 5G is introduced in Vietnam to address industry digitization issues. Have. Industries of particular interest are manufacturing and energy.
Next, for data infrastructure, in 2015, the government built six national database systems for residents, residents, land, finance, insurance and business registration. This system is currently widely used by ministries and local authorities throughout the country. In addition, the Ministry of Education and Training has built a database to collect data for 1.2 million out of 1.4 million teachers and 12 million out of 20 million students and students worldwide. national. In addition, the Vietnamese government has been actively building database systems in recent years, using advanced surveillance camera systems and having data on about 1 million vehicles to drive vehicles.
As such, digital infrastructure in Vietnam is gradually being developed.
Developing new technologies
Vietnam’s leading IT companies are a major force driving the development of new technologies. Japan’s largest FPT develops software for self-driving cars and has begun to offer cooperation services with major Japanese and European car manufacturers. In addition, Viettel is researching products and solutions for e-Government, smart education and agriculture and projects on smart cities. For example, there is a permanent database based on information on national identification cards, identification cards and health insurance. However, not only large companies support the development of such technology. Products and solutions using new technologies such as AI, IoT, Big Data and Robotics, developed by engineers from small and medium enterprises in Vietnam, are drawing attention in Japan and countries other than Vietnam.
Impact of the fourth industrial revolution on production and trade activities
In Vietnam, in recent years, factories that can operate day and night with robots have begun to appear. At a factory in Binh Duong Industrial Park and a factory in Doksan Industrial Park, Hanoi, a factory where robots were introduced instead of humans started operating. For Vietnam, these movements are innovative and many other manufacturing plants are developing plans to use robots. Perhaps in the next three to five years, the use of robots is expected to bring about significant changes in Vietnam’s manufacturing sector.
In addition, the latest technologies such as blockchain and Fintech and mobile payment are rapidly changing Vietnam’s commercial activities. According to a report from British marketing firm Canter Group, Vietnam is named alongside Thailand and Malaysia as the three fastest growing e-commerce countries in the world. Moreover, BtoC e-commerce in Vietnam has achieved an average annual growth rate (CAGR) of 23.3% from 2013-2017, making it one of the fastest growing markets in the Southeast. ASIAN. According to the Information Technology E-Commerce Agency, Vietnam’s EC market is growing at a rate equivalent to about 2.5 times that of Japan and by 2020, the total number of transactions on the EC market will be reached 10 billion USD. It is anticipated to be achieved.
According to a report by the Department of E-Commerce and Information Technology (VECITA), a total of 14,305 BtoC e-commerce in 2017 in Vietnam.
The trading website has been registered, but the eight largest companies are all Vietnamese. (Thegioididong, sendo, adayro, tiki, dienmayxanh, vatgia, etc.)
Finally, despite e-payment, it is expected to grow increasingly in line with the rapid growth of the EC market. The e-wallet market is intensifying competition with more than 10 competing providers including Momo, Vi Viet, Moca, OnePay, VTCPay, BankPlus, Ngan Luong, ZaloPay, PayYoo, Samsung Pay and more.
Vietnam start-up ecosystem
It has been repeatedly stated that the Vietnamese government is actively developing startups, small and medium enterprises (SMEs) and IT companies, but in the background, the growth of these companies will Promoting Vietnam’s future economic development There is an acknowledgment of the Vietnamese government that it will be a great driver. Recently, programs and policies have been planned to fully support startups and small and medium businesses.
In 2016, the government will “support the national innovation and innovation start-up ecosystem by 2025”
Approve bills, and formulate laws to support creative and creative startups.
The goal is to support the development of 2000 startup projects and 600 companies by 2025 and support 100 companies so they can attract an investment of about 2 billion.
Business ecosystem
In major cities such as Ho Chi Minh City, Hanoi City and Danang City, support for entrepreneurs is actively provided by establishing a startup ecosystem.
· Venture capital funds:
Currently, about 40 venture capital funds are operating in Vietnam. Major foreign-funded funds include IDG Ventures Vietnam, Cyber Agent, Mekong Capital, DFJ Vina Capital, ESP Capital and Innovatube. On the other hand, local joint venture capitals include SeedCom, FPT Ventures, CMC Innovation Fund, VPBank Startup, VIISA, ESP, VSV, 500 Startups, and the like.
· Business incubator · Accelerator
According to information from the Department of Science and Technology Enterprise Development, initially, in 2017, Vietnam will have about 10 accelerators and 30 incubator facilities, including Vietnam Silcon Valley, Accelerator , Vietnam Accelerator, Microsoft Expara Class, VIISA, etc. Lotte Accelerator Hebronstar recently completed and others are actively promoting entrepreneurship.
Of the 30 incubators, 10 are under the direct control of government agencies, 7 are under the direct control of universities and 13 are Private or foreign organizations set up. Good examples include the Hoa Lac Hi-Tech startup incubator, the Ho Chi Minh Hi-tech startup incubator, Danang nursery and the young entrepreneur support center.
· Big companies involvement
Many large companies, including public and private companies, have established support programs for entrepreneurs. Representative companies include FPT, CMC, Vitel, VNG, Tinh Van, etc. Among them, some companies have established venture capital funds such as FPT.
· Co-working space
Recently, the use of public offices has been increased. According to CBRE’s report, a real estate service developer worldwide, in the first half of 2017, 17 transaction offices with joint offices appeared in Vietnam and 22 joint offices, with a total of The area is 7,500 square meters. As of the first quarter of 2018, the executive organization has grown to 40 companies and the number of joint offices supplied to the market has increased to a total area of 30,000 square meters. Joint offices are concentrated in Ho Chi Minh City, Hanoi and Danang, but typical examples include Toong. Up, CoGo, Nakedhub, Dreamplex and BKHub.
· Start-up event program
Business networking events are regularly organized by business support sponsors such as SharkTank, VIISA, Topica and Hatch Venture, but the largest event in the country is the Tech Fest, held every year. by the Ministry of Science and Technology. According to government statistics, there are about 15,000 entrepreneurs in Vietnam, and in 2017, there were 92 investments in entrepreneurship, with a total capital of more than $ 291 million. Compared to 2016, the number has doubled and total investment has increased by about 50%.
About information security
In Vietnam over the past two years, efforts have been made to minimize information security risks at a national scale.
Improve laws and policies
The Information Security Act, approved by Diet on July 1, 2016, came into effect. On this basis, the Prime Minister’s Office issued Cabinet Order No. 85/2016 / ND-CP on the Information System Security Level and the Ministry of Information and Communications issued Circular No. 03/2017. / BTTTT to immediately execute Cabinet Order. Friend
In addition, the Ministry of Science and Technology has issued the standard 11930: 2017 for establishing network information security and confidentiality requirements at the information system level.
Establishing an organization specialized in information security
The Ministry of Information and Communications has an Information Security Agency (AIS) and an Emergency Response Center (VNCERT). In addition, in 2014, the Ministry of Public Security established a Department for Crime Prevention and Cyber Security, using high-tech technology. In addition, in 2017, the Ministry of Defense established a cybercrime fighting command. Therefore, based on a series of legal frameworks, specialized agencies have been established, and the confidentiality of national information is gradually increasing.
In addition, typical Vietnamese companies providing advanced information security services are Vitel, FPT, BKAV, VNPT, CMC, VNCS, etc.
Summary
In the great flow of the Fourth Industrial Revolution, the activities of all groups and organizations such as governments and companies will be digitized. In this key trend, issues like how to start digitalization, how much time and resources are needed, which solutions are appropriate, and how to measure results will be more important. .
It goes without saying that training IT personnel, especially personnel training with AI, IoT, robots, AR, VR, blockchain and big data technology, will be essential in promoting the public revolution. fourth career.
With the support of the Vietnamese government, the domestic IT industry will continue to grow rapidly. It is necessary to embrace the changing of this era and determine what opportunities for Japanese companies will be brought.
