(VEN) - The Ha Tinh Province People’s Committee has prepared long-term industry promotion plans, including plans for mobilizing capital from businesses and organizations to diversify industry promotion resources in the province. Ha Tinh Province spends most of its industry promotion funding on the province’s potentially strong industries From 2014-2018, the north-central province received more than VND15.5 billion for its industry promotion programs, which helped attract reciprocal capital of VND141.6 billion from program beneficiaries. Using the above-mentioned funding, the province’s Industry Promotion Center spent more than VND685 million to finance management training courses for owners of rural industrial production establishments, over VND264 million to fund product branding, and VND729 million to finance the development of rural industrial products. Over the past five years, the center implemented eight projects for technical demonstration … [Read more...] about Ha Tinh diversifies sources of industry promotion capital
Industrial training fund
Binh Thuan supports industrial production
(VEN) - The southeastern coastal province of Binh Thuan intends to prioritize efforts to raise capital in order to support industrial production. Good results Between 2014 and 2018, industry promotion activities in Binh Thuan have achieved progress in the development of rural industry, including building technical performance models and applying the latest machinery and equipment in production. The province has granted more than VND3.1 billion for implementation of one technical performance model and 17 projects to apply the latest machinery and equipment. Major projects were developed in processing farm-forest-sea products, consumer goods and unbaked bricks, helping many rural industrial facilities to gradually automate their production, reduce manual labor and increase productivity and product quality. Binh Thuan also launched a series of other industry promotion programs such as facilitating cleaner production in the industrial sector, subsidizing booth fees for 16 rural industrial … [Read more...] about Binh Thuan supports industrial production
Indonesia prepares human resources for Industry 4.0
A corner of Indonesia (Source: bp.com) Jakarta (VNA) – The Indonesian Government is giving priority to the development of human resources in order to prepare them for the fourth Industrial Revolution or Industry 4.0, after focusing on massive infrastructure development. The fourth industrial revolution, starting this year, will revolutionise the manufacturing and production industries by integrating Internet of Things, data integration, cloud computing, and other technological advancements into the heart of production and manufacturing systems. Indonesian Industry Minister Airlangga Hartarto said that improving the competence of human resources is the key to success in facing the Industry 4.0. This is in line with the roadmap of Making Indonesia 4.0 which seeks to place Indonesia in the ranks of the 10 largest economies in the world in 2030, he noted. The road map was prepared on the basis of the directives of President Joko Widodo, who stressed the importance of the fourth … [Read more...] about Indonesia prepares human resources for Industry 4.0
All Aboard the Social Enterprise Train
Viet Nam News By Brian Spence* It is little wonder that Việt Nam is attracting global attention as Asia’s next ‘tiger economy’. According to International Monetary Fund data, the country’s economy has grown at a compound annual rate of 5 per cent for more than a decade now - among the world’s fastest - and its GDP is thought to be just 11 years behind China. Poverty has plummeted and growth continues apace as Việt Nam starts to join the ranks of middle-income countries. Yet this boom brings its own issues. International grants have naturally declined as Việt Nam’s fortunes have improved and rapid development has led to unsustainable (if not downright dangerous) business practices in several quarters. As for previous ‘tigers’, pollution is becoming a real concern. As other high-growth countries have also found, tackling these problems while continuing to foster further economic growth is a … [Read more...] about All Aboard the Social Enterprise Train
Canadian fund to invest in Saigon-Mekong high-speed rail
Canada’s MorFund Financial Inc. will invest 6.3 billion Canadian dollars (US$5 billion) in a high-speed rail connecting Ho Chi Minh City with the Mekong Delta region, with its last stop in Can Tho City. The investment in the form of a public-private partnership (PPP) has been formalized in a memorandum of understanding signed between MorFund and Phuong Nam Science and Technology Institute (PNSTI), which was responsible for the project’s feasibility study. PNSTI said the investment deal was the last legal ground needed for a complete feasibility report on the project, which would be submitted to the Ministry of Transport, the prime minister and the lawmaking National Assembly later this year for approval. Construction of the high-speed rail, which would shorten travel time between Ho Chi Minh City and Can Tho to roughly 45 minutes, is expected to commence in late 2018. The project has been studied for five years by PNSTI and the Southern Transport Engineering Design … [Read more...] about Canadian fund to invest in Saigon-Mekong high-speed rail
Tourism industry in need of a breath of fresh air
In an interview with DTiNews, the deputy director of the Institute of Tourism Development Research, Pham Trung Luong, talked about measures that could promote the tourism industry. One Vietnamese booth at an exhibition held in Berlin was blamed Our government has tried to promote and improve the Vietnam's tourism industry since 2000 but has made little progress. What's your opinion on this problem? Our promotion isn't effective because we're still doing things in an unprofessional way, so we haven't been able to give tourists what they really want. Furthermore, our promoters aren't the ones with the best understanding of the situation so they're not the right people to make these decisions. So what's the cause of those shortcomings? The tourism sector has been divided and then merged with other agencies six times. It should be thought of as a business-like sector but last time, it was merged with the Culture and Sport sectors. Our leaders must realise the … [Read more...] about Tourism industry in need of a breath of fresh air
Training course on micro-electro-mechanical technology ends
Illustrative image (Source: VNA) HCM City (VNA) – A training course on the manufacturing, packaging, certification and commercialisation of micro-electro-mechanical systems (MEMS) ended on February 7 in the Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. The course, lasting from October 2017 – January 2018, aims to help trainees master MEMS technology used in environment alert and construction of smart urban areas. As part of a cooperation programme between Ho Chi Minh City and the Dutch government, the course was conducted by the SHTP Research and Development Centre, the Delft University of Technology and the Netherlands’ Fabmax company. The Dutch government funded 300,000 EUR to the project. Fifteen trainees who are micro-electro-mechanical experts from universities and start-ups based in SHTP have so far mastered packaging technology using 3D printing and experimentally made flow sensors in the centre. Ngo Vo Ke Thanh, Director of the SHTP Research … [Read more...] about Training course on micro-electro-mechanical technology ends
Funds crucial for supervision of raw milk quality
Monitoring of raw milk quality was still limited by lack of funds and human resources from specialised management agencies. This was observed by Tong Xuan Chinh, deputy director of Livestock Husbandry Department at the Ministry of Agriculture and Rural Development, at the National Dialogue on RawMilk Quality and Supply in Ha Noi on Tuesday. He said supervision of rawmilk quality was an indispensable activity of the dairy industry at any scale to produce good-quality dairy products. To achieve that, milk enterprises were paying great attention to the quality of fresh raw milk in line with international standards, he said. These processes were based on the performance of basic quality tests at different stages: purchasing, transporting, processing, packing, preserving and distributing. According to La Van Thao, chief of the Livestock Husbandry Department’s cattle office, raw milk is currently collected in four forms. First, milk-processing enterprises sign raw material purchase … [Read more...] about Funds crucial for supervision of raw milk quality
Industry 4.0: A double-edged sword of opportunity and risk for Vietnam
Vietnam’s potentialNew technological solutions heralded by the fourth industrial revolution, such as advanced robotics, autonomous system, internet of things and artificial intelligence are changing production worldwide. Developing countries have proven they are able to catch up with developed nations in the fourth industrial revolution – and even to overtake them. Vietnam has many advantages allowing it to participate in this game.Prime Minister Nguyen Xuan Phuc addressed Vietnam’s potential on December 5 at Smart Industry World 2017, a conference held for the first time in Vietnam to discuss future orientations and methods to attract investment and develop the Vietnamese smart industry. Phuc told participants that with the active participation of the government and business, Vietnam has achieved initial positive results in carrying out the fourth industrial revolution. Ministries, departments and localities have focused on promoting IT application and most public … [Read more...] about Industry 4.0: A double-edged sword of opportunity and risk for Vietnam
Industry 4.0 response has to happen in real life
VietNamNet Bridge – Chu Ngoc Anh, Minister of Science and Technology, talks to Viet Nam News Agency about advantages that the fourth industrial revolution presents to the country and steps that need to be taken to tap them. Can you highlight some key points of the Prime Minister’s Instruction on the fourth industrial revolution (Industry 4.0)?We know that Industry 4.0 is based on digitalization and artificial intelligence breakthroughs. We can’t afford to be an outsider in this process. It is indisputable that the revolution will open up many opportunities for us to improve our technology levels and our competitiveness in production and business. Of course, the process will challenge us and could have negative impacts on the country.This is why Prime Minister Nguyen Xuan Phuc issued Instruction No.16/CT-TTg in May 2017 on how to approach Industry 4.0, towards seizing opportunities and minimising negative impacts.Acting as a focal point for implementing the … [Read more...] about Industry 4.0 response has to happen in real life