Centre for the Fourth Industrial Revolution set to launch in Vietnam

January 17, 2024 | 17:58
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On January 16, the World Economic Forum announced that it will team up with Ho Chi Minh City People's Committee to establish a centre for the Fourth Industrial Revolution (C4IR) in Vietnam in 2024.
Centre for the Fourth Industrial Revolution set to launch in Vietnam

C4IR Vietnam will be hosted by Saigon Hi-Tech Park, one of Vietnam's two national high-tech parks that are considered among Ho Chi Minh City's five focal economic projects to drive the city's development. The centre will focus on green growth, smart cities, and AI.

Jeremy Jurgens, managing director of the World Economic Forum said, “The establishment of a Fourth Industrial Revolution Centre is a significant milestone in the partnership between the forum and Vietnam, geared to help advance the nation’s ambitious innovation and growth agenda through international, multi-stakeholder collaboration.”

C4IR Vietnam will be a platform through which the country will shape the development of local and national Fourth Industrial Revolution strategies in line with its national development framework to contribute to the global trajectory of these technologies.

Phan Van Mai, Chairman of Ho Chi Minh City People's Committee said, "The establishment of the C4IR in Ho Chi Minh City holds great significance not only for the city's major development goals, but also for the top national priorities. In addition, Ho Chi Minh City will participate in global initiatives from the World Economic Forum, thereby establishing a comprehensive ecosystem to promote new growth drivers, attract investment, and enhance economic competitiveness."

"The centre will be a reliable and effective platform to boost cooperation between Vietnamese experts, researchers, businesses, and international partners," Mai continued.

The centre is the second to be established in Southeast Asia, following the launch of C4IR Malaysia in 2023, and aims to become a hub of expertise to co-design and pilot future-focused policy frameworks that enable both the regional and global development and deployment of technology.

Following the upcoming launch, C4IR Vietnam will join a global network of centres on five continents that connect public and private sector stakeholders to maximise the benefits of emerging technologies while minimising risks.

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