Prime Minister Pham Minh Chinh emphasized six key significances of the Fourth Industrial Revolution Center
- 59
- Business
- 15:08 26/09/2024
DNHN - Prime Minister Pham Minh Chinh highlighted six key significances of the Fourth Industrial Revolution Center (C4IR) at the inauguration ceremony of the C4IR located in the High-Tech Park, Ho Chi Minh City, which took place at noon on September 25.
The C4IR in Ho Chi Minh City is part of the Memorandum of Understanding (MOU) between the Government of Vietnam and the World Economic Forum (WEF) for the 2023-2026 period. This is the second C4IR in Southeast Asia after Malaysia, joining the WEF's global network of Fourth Industrial Revolution Centers. Located in the Ho Chi Minh City High-Tech Park, it aims to establish technology ecosystems in line with the trends of the Fourth Industrial Revolution, focusing on sectors such as semiconductor technology, biotechnology, new materials, drones, artificial intelligence, IoT, and more.

At the event, Prime Minister Pham Minh Chinh raised four issues concerning the establishment of the Fourth Industrial Revolution Center and emphasized six significances of the C4IR: "First, it concretizes and realizes the Party's directives and resolutions from the 13th National Congress of the Party and other Central Committee resolutions aimed at keeping pace with the Fourth Industrial Revolution. Second, the Fourth Industrial Revolution is an objective requirement, a top priority in the country's development strategy. Third, it represents the country’s deep international integration and its commitment to strongly advancing 4.0 technologies alongside the world. Fourth, it highlights Ho Chi Minh City’s pioneering role as a national and regional center for economy, finance, services, culture, education and training, science and technology, and innovation. Fifth, it reflects the pride, ambition, and intellectual creativity of the Vietnamese people. Sixth, it underscores the close relationship between Vietnam and WEF, reflecting the principle that once Vietnam makes a commitment, it delivers, with tangible outcomes.”
In that spirit, the Prime Minister pointed out that ministries must direct policy-making, institutional development, and provide priority policies for the development of this center. At the same time, Ho Chi Minh City needs to facilitate infrastructure and mechanisms to ensure the center operates seriously and effectively. The Prime Minister also suggested that businesses and founders support the center with resources, finances, human capital, and governance to enhance its effectiveness. Additionally, he called on all involved to foster a spirit of self-reliance, innovation, and creativity, and leverage the center’s capabilities based on their roles and responsibilities. The Prime Minister conveyed a 20-word message for the Fourth Industrial Revolution Center, encompassing: "Pioneering, cooperation, connectivity, digitization, greening, practicality, effectiveness, outreach, for the nation, for the people."

According to Chairman of the Ho Chi Minh City People's Committee, Phan Van Mai, the C4IR is a prime model of public-private partnership, where learning occurs alongside development. Currently, the C4IR has 10 founding members, including the Vietnam National University Ho Chi Minh City, Viettel, Sovico, HD Bank, and Techcombank. Mr. Mai expressed his hope that each member would initiate at least one activity per year, with the goal of organizing at least 10 events annually.
During the meeting with enterprises, founders, investors, both domestic and international, they shared their contributions to the center's development and pledged to continue investing heavily in high-tech projects that meet international standards. These initiatives aim to create a collaborative space for domestic innovation organizations and attract international resources for training, scientific research, and technology transfer, contributing to the development of a knowledge-based economy and promoting a sustainable growth model based on science, technology, and innovation. In doing so, they contribute to the overall development trends.
Uyen Nhi
Related news
#Vietnamese businesses

Billionaire Trần Bá Dương’s Thaco raised 1.3 trillion VND in bonds
Thaco has successfully issued a 1.3 trillion VND real estate-backed bond, continuing its strategy of raising large amounts of capital, bringing its total bond liabilities to 13.68 trillion VND.

Economic expert Võ Trí Thành assessed: President Donald Trump’s new trade policy will impact Vietnam
According to Dr. Võ Trí Thành, Director of the Institute for Brand and Competitive Strategy Research, Donald Trump’s new trade policy will have significant effects on Vietnam’s economy. He also provides strategic recommendations for businesses.

Honoring the spirit of the business community and entrepreneurs
October 13 is not only an occasion to honor the achievements of the business community but also to recognize the relentless efforts of Vietnamese entrepreneurs in nation-building.

Chairman of VINASME: Vĩnh Phúc businesses confidently aim for sustainable development
The Chairman of the Vietnam Association of Small and Medium Enterprises (VINASME) emphasized that businesses in Vĩnh Phúc province are solidifying their position for sustainable development.

Two Vietnamese developers featured in Apple's latest honors project
The app named DreameChaser by two Vietnamese developers is among the few listed in the "Dare to Dream" category on the App Store.

The data center market in Vietnam: High demand, great potential
According to Minister of Information and Communications Nguyễn Mạnh Hùng, investing in data centers is a new type of investment for telecom operators.
Đọc thêm Business
Vietnamese Ambassador to the Federal Republic of Germany, H.E. Mr. Nguyen Dac Thanh, Meets with German Business Leaders in Vietnam
This event holds special significance as Vietnam and Germany jointly commemorate the 50th anniversary of diplomatic relations, a partnership built on trust, mutual respect, and comprehensive cooperation.
Hodeco and 54 forge strategic partnership to evelate golf Integrated real-estate
Ho Chi Minh City, May 22, 2025 – As it prepares to celebrate its 35th anniversary, Ba Ria - Vung Tau House Development Joint Stock Company (Hodeco) has officially signed a strategic partnership with 54, a global sports and entertainment agency.
Business Networking at the Mastercard Golf – Vikki Invitational 2025
Nearly 200 Vietnamese entrepreneurs gathered in the United States as part of an investment promotion program combined with cultural and sports exchange, organized by HDBank in Miami in April 2025.
Halal market potential – The key to business success
Recently, IWEC organized the second edition of its Business Coffee program with the theme "Halal Market Potential – The Key to Business Success," attracting a large number of participating enterprises.
Dong Thap Business Club in Ho Chi Minh City launches support fund to accompany enterprises
More than 150 Dong Thap entrepreneurs in Ho Chi Minh City gathered at Van Hien University to foster business connections, expand cooperation, share practical experiences, and stay updated on current business trends.
Khai Hung corporation signs Strategic Cooperation Agreement with Japanese partners
Signing a cooperation agreement with reputable Japanese partners is a strategic move, demonstrating Khai Hung Corp’s proactive approach in capturing market trends, accessing advanced technology, and leveraging international expertise.
Women entrepreneurs in the Era of National Advancement
The economic forum "Women Entrepreneurs in the Era of National Advancement" aims to honor the role of female leaders, promote collaboration, and connect the business community.
Rice export prices expected to rebound soon due to limited supply
The Vietnam Food Association (VFA) has forecasted that rice exports in 2025 will reach 7.5 million tons. The rice market is currently at its lowest point, but it is anticipated that importers will soon ramp up purchases, driving prices upward.
GDP growth target for 2025: Aiming for a breakthrough pace
According to the proposal, Vietnam's national GDP growth target for 2025 must reach at least 8%, laying a solid foundation for achieving double-digit growth rates.
Economic expert Võ Trí Thành assessed: President Donald Trump’s new trade policy will impact Vietnam
According to Dr. Võ Trí Thành, Director of the Institute for Brand and Competitive Strategy Research, Donald Trump’s new trade policy will have significant effects on Vietnam’s economy. He also provides strategic recommendations for businesses.