Vietnamese businesses braced for Industry 4.0

(VOVWORLD) -The 4th Industrial Revolution opens opportunities for innovative start-ups, but also poses challenges in business application, according to a workshop organized by the Hanoi Young Business Association (HANOIBA) in Hanoi on Wednesday. 


Nguyen Xuan Hoang, Vice President of Misa Joint Stock Company, said that as Technology 4.0 is in its initial stages, businesses need to be aware of the revolution’s impacts on them: “Businesses need to learn how global companies are applying Industry 4.0 and be ready to transform themselves into digital companies to improve operations and offer new products or services.”   


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