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ITAP 2022 Voice of the Markets: Expediting Vietnam’s manufacturing ecosystem with I4.0 solutions

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Industrial Transformation ASIA-PACIFIC 2022 (ITAP 2022) Roadshow – Voice of the Markets in Vietnam took place on the afternoon of August 10, 2022 at the Binh Duong Convention & Exhibition Center (BCEC), which included an online session with a number of countries connected via the online platform.

As a prerequisite event for ITAP 2022, the forum “Voice of the Markets” with the theme “Promoting Vietnam’s manufacturing ecosystem with Industry 4.0 solutions” aimed to highlight the development of the Industry 4.0 in Vietnam and its importance in promoting the development of the manufacturing ecosystem in the region. Attending the program on the afternoon of August 10, there were many experts from Hanoi and provinces across the country, and many representatives online from abroad.

In particular, the discussion session was quite “hot” on the afternoon of August 10 with the participation of Dr. Pham Tuan Anh – Director of BECAMEX Smart Manufacturing Innovation Center; Ms. Do Thi Thuy Huong – Member of Executive Committee of Vietnam Electronics Industry Association (VEIA); Mr. Cao Van Dong – General Director of Kettle Interior Asia, and Mr. Kiet Tran – Business Development Manager, Vietnam – Singapore Smart Energy Solutions (VSSES).

The key to helping businesses recover from the Covid-19 pandemic

Industrial Transformation ASIA-PACIFIC 2022 (ITAP 2022) was about people and technology; applying 4.0 technology to production, meeting demand and seizing development opportunities in the coming time. This was also an opportunity to explore the latest technology platforms, and 4.0 solutions to meet the target needs of businesses. Buyers had access to online exhibition “booths”, experienced innovative products, and solutions in areas such as Industrial Automation; Additive production; Smart Factory and Smart Transport” – Ms. Huynh Dinh Thai Linh, CEO of World Trade Center Binh Duong New City (WTC BDNC) shared at the ITAP Roadshow.

Panel discussion at the event with the participation of many experts

“ITAP 2022 focuses on aspects including digitalization, connection and workforce development, and environmental sustainability. The digital aspect is seen as the flexible application of innovative tools, data analysis, and building integrated technology system, effectively managing data sources, improving productivity at lower cost, optimizing operation management. The aspect of connecting and developing human resources is considered as raising the level of human resources, ready to adapt and keep up with the organizational structure for innovation. Finally, businesses aim to build a green economy – reduce the amount of CO2 emitted into the environment, in order to maintain the sustainable development of the business,” Ms. Huynh Dinh Thai Linh said.

“There are more than 18,000 businesses participating in ITAP 2022, with delegates from more than 70 countries and regions around the world, including some leading countries, Vietnam is in the top 5 in terms of connecting with many entrepreneurs and businessmen from many countries. The topic of business digitization, virtual reality and artificial intelligence are three important areas in the digital society that are of primary concern to us,” emphasized Mr. Darren Seah, Business Director of Constellar.

Promoting the digital ecosystem

“What is the opportunity for Vietnam to capture the development in the market that is bound to change with this 4.0 revolution? In my opinion, each country will have its own strategy to capture competitive advantages in the new period, abandon old methods, improve new methods, increase labor productivity, increase product value. In order to enter the 4.0 revolution, virtual reality, AI, and IoT are essentially a combination of information technology and operational technology, bringing computations closest to business operations, creating new big change,” Dr. Pham Tuan Anh, Director of the Smart Manufacturing Innovation Center, BECAMEX IDC emphasized.

The event aims to highlight the development of the fourth industrial revolution in Vietnam and its importance in promoting the development of the manufacturing ecosystem in the region

Connecting via an online meeting platform, from Singapore, a representative of Singapore Polytechnic International shared his topic of how digital transformation can help manufacturers improve the employee experience and attracting talent.

“Employees on the factory floor have seen significant changes in recent years in the tools they are given to do their jobs. Crucially, digital devices not only make manufacturing work cleaner and safer, but are also more data-driven, with informed employees combining their expertise and experience, helping them make faster, more accurate decisions. We wanted to discuss how manufacturers can help former employees transition smoothly as the process changes and attract new talent,” said Mr. Toh Ser Khoon, Managing Director of Singapore Polytechnic International.

Regarding orientation to support digital transformation in the new period, Dr. Pham Tuan Anh said: “We develop according to the model of putting people at the center, creating an ecosystem where investors must find workers, workers must have jobs and a place to live. We have developed the BECAMEX model to dozens of provinces and cities nationwide, solving millions of labor positions for those with low qualifications. But looking at the picture of having to move to an autonomous system, the labor settlement will no longer have an advantage. Therefore, we determine that many workers will then move to the service sector. We are focusing on training people so that workers can upgrade their qualifications to meet new requirements.”

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