Vietnamese firms should see Industry 4.0 as a business opportunity: VCCI

1 min readUpdated May 24, 2025Oct 2, 201810:14 AM

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The Vietnam Chamber of Commerce and Industry has high hopes that Industry 4.0 will open more doors and opportunities for Vietnamese companies.

On September 29, the chamber (VCCI) partnered with Vietnam Solomon Technology Company Ltd., to hold a conference in Hanoi, to heighten awareness among local companies about the inevitable transformation to Industry 4.0.

VCCI deputy chairman Hoang Quang Phong said that finding effective ways to run businesses should be an ongoing discussion for both business owners and regulators in Vietnam.

He said the fourth industrial revolution will have strong impacts on many industries including manufacturing, automation, transportation, finance, education, healthcare and agriculture.

Phong believes that artificial intelligence and other technologies will provide a platform for businesses to improve productivity, innovate new products and services, reduce raw material consumption and costs to meet consumer demands.

New technologies for automation and artificial intelligence were introduced at the conference for businesses to gain an overview of an innovative, sustainable industry in the future.

For instance, Vietnam, Solomon introduced AccuPick, a technology that can identify complex shapes of an object with high precision in a very short amount of time.

Solomon also introduced the Delco Eco Farm, and other artificial intelligence based business ideas at the event.The company said AccuPick can be used in automotive, mechanics, food and other industries to boost productivity.

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What this means

This VCCI initiative strongly signals Vietnam's commitment to modernising its economy, putting pressure on firms to embrace AI and automation or risk being left behind. While the conference is a crucial first step in awareness, the real challenge lies in widespread adoption, particularly for smaller enterprises. Unlike Panpuri's physical store expansion in China and Japan, or Tiffany & Co.'s entry into Singapore, this move focuses on foundational technological uplift, similar to how LivWell is forging new partnerships within Vietnam to expand its reach. This domestic push for digital transformation is essential, but its success hinges on tangible government support and accessible solutions for diverse business sizes. The next key indicator will be the actual uptake of solutions like AccuPick among Vietnamese manufacturers.

Sarah Chen · Retail News Asia newsroom

Questions & Answers

What is the VCCI's main objective in promoting Industry 4.0 to Vietnamese companies?

The VCCI aims to raise awareness among local businesses about the inevitable transformation to Industry 4.0, hoping it will create more opportunities. They believe it can help firms improve productivity, innovate, and reduce costs.

Which specific technologies were highlighted at the conference to demonstrate Industry 4.0 applications?

The conference introduced artificial intelligence and automation technologies. Vietnam Solomon Technology showed AccuPick, a high-precision object identification technology, and the Delco Eco Farm, alongside other AI-based business ideas for future industry.

In which sectors does the VCCI expect Industry 4.0 to have a significant impact within Vietnam?

VCCI deputy chairman Hoang Quang Phong stated that Industry 4.0 will strongly impact many sectors. These include manufacturing, automation, transportation, finance, education, healthcare, and agriculture.

Reader pulse

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