VietNamNet Bridge - Contrary to all predictions, Vietnamese enterprises are willing to spend big money to use robots and advanced technologies in their production lines.

Artificial intelligence (AI) is being used in Vietnam in apps used such as face-identification technology cameras, smartphone chatbots, self-propelling vehicles, and nano robots.

VietNamNet Bridge - Ngo Dong Giang from Hung Yen province and his younger brother spent last week looking for new jobs. They both were taxi drivers for Uber, which has sold its local business to Grab. 

The Ministry of Finance has proposed a 50 percent personal income tax (PIT) reduction on income from salaries and wages of hi-tech workers in an effort to help ease enterprises’ staff shortage. 

VietNamNet Bridge - With nearly 3,000 startups, Vietnam is entering a startup boom similar to Europe’s in the 2010-2011 period, according to Max Scheichenost, the co-founder of 15 startups. 

As the number of IoT devices increases, low-power chips manufactured with SOTB technology (Silicon on Thin BOX) will become a key to IC (integrated circuit) industry development.

VietNamNet Bridge - About 20 startups in the field of blockchain have registered their headquarters in Vietnam.

VietNamNet Bridge - Peer to Peer, or P2P lending, became more popular over the last year with the establishment of many online lending companies.

Vietnam is believed to be a very attractive market for the world’s robot manufacturers as more and more local enterprises are using robots and speeding up automation in their production.

VietNamNet Bridge - Instead of resisting the robotization trend or the 4.0 revolution, cheap labor markets like Vietnam should learn to live with the trend, experts say. 

Vietnam’s economy is changing quickly in the wake of the Fourth Industrial Revolution. Professor Nguyen Mai writes on how this revolution can impact the country, particularly in terms of foreign direct investment.

Prime Minister Nguyen Xuan Phuc has given the go-ahead for a national programme on information and technology with the aim of accelerating the application of IT in State bodies’ operation.

IT workers are in very high demand as technology firms are planning to expand staff this year. The average pay in the industry is 3-4 times higher than many other fields.

To ensure sustainable development, economists emphasize the need to reform the growth model and improve productivity.

VietNamNet Bridge - Leading experts say that Vietnam must catch up with the IoT trend.

VietNamNet Bridge - The report that Vietnam’s productivity is even lower than that of Laos has sparked concern.

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.

VietNamNet Bridge - The fourth industrial revolution, which is a hot topic in Vietnam, has brought unprecedented economic benefits to many businesses.

 VietNamNet Bridge – Pham Dai Duong, deputy minister of Science and Technology, talks with Vietnam News Agency about challenges the country is facing in the course of deep international integration.

Students in other training majors who have finished their first, second or third year are allowed to shift to an IT major.