Representatives of some 200 companies and associations gathered at Industry Innovation Forum 2022, themed “Smart Manufacturing”, held by the Board of Management of Saigon Hi-tech Park (SHTP) in Ho Chi Minh City on September 20.
Speakers in a discussion held at Industry Innovation Forum 2022. (Photo: VNA)
HCM City (VNA) – Representatives of some 200 companies andassociations gathered at Industry Innovation Forum 2022, themed “SmartManufacturing”, held by the Board of Management of Saigon Hi-tech Park (SHTP) inHo Chi Minh City on September 20.
It is the first time the forum has been organised, saidNguyen Anh Thi, head of the SHTP Board of Management.
It will be made an annual event for enterprises and expertsto share experience and strengthen connectivity and partnership in acceleratinginnovation in industry in Vietnam, he noted, adding that this, therefore, willenable improved productivity and optimise operating costs and efficiency in useof resources.
Innovation and application of technology in productionremain a major challenge for enterprises not only from Vietnam but globally,Thi said, emphasising that Vietnam can import technology but not innovation.
Vietnam sets to be among the world’s top 40 performers inthe Global Innovation Index (GII) by 2030. It also aims to expand 5Gcoverage to the whole country and have the digital economy account for more than 30% ofits GDP by the end of this decade.
It is seeking to develop a number of priority sectors,namely information technology, electronics-telecommunications, cyber security,smart manufacturing, finance-banking, e-commerce, digital agriculture, e-tourism,digital culture, health care, education and training.
During the forum, experts and business representativesdiscussed the prospect of industrial manufacturing in Vietnam and sharedexperience in leveraging technology to innovate the industry and maintain aleading position.
Last year, Vietnam’s digital economy hit 21 billion USD, ayear-on-year surge of 31%, making up 5% of the GDP. Google, Temasek Holdingsand Bain & Co. forecast that the Vietnamese digital economy will enjoy anannual growth of 29% to reach 57 billion USD in 2025./.
Vietnam wishes to collaborate with the UN on digital transformation in both policy formulation and implementation, Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the international organisation has stated.
The Vietnam E-commerce and Digital Economy Agency (iDEA), under the Ministry of Industry and Trade, has put into operation a system of authenticating genuine goods via QRCode at truyxuat.gov.vn, to encourage people and businesses to use solutions to develop products in e-commerce transactions.
Vietnam's B2C retail e-commerce revenue this year is estimated at 16.4 billion USD, marking the first year to reach this landmark, reported the Vietnam E-Commerce White Book 2022.
Insurers should promote digital transformation rapidly as, compared to other financial industries, the insurance industry is considered to have slow digital transformation with limited economic efficiency.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Speakers in a discussion held at Industry Innovation Forum 2022. (Photo: VNA)
