Industry 4.0 brings about opportunities for Mekong integration: PM

Thursday, 2018-09-13 11:27:24
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Prime Minister Nguyen Xuan Phuc addresses the session (Photo: VNA)
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NDO/VNA – The fourth Industrial Revolution has created great opportunities for promoting the integration of the Mekong countries, with the increasingly important role of soft and digital connectivity in economic connectivity, stated Prime Minister Nguyen Xuan Phuc.

Speaking at a session themed “A new Vision for Mekong Region” as part of the World Economic Forum on ASEAN (WEF ASEAN) in Hanoi, on September 12, the Vietnamese Government leader underlined that the Mekong countries’ integration has made important contributions to reinforcing an environment of peace and stability in the region.

The process also helps promote their potential and supplementary advantages, while fostering renovation and reform as well as completing economic institutions, thus contributing to improving people’s living conditions.

Along with connectivity in the effective use of water resources, energy, transport and human resources training, the Mekong region also has great potential in digital infrastructure connectivity thanks to a market of roughly 250 million consumers having rising incomes.

He said that at ministerial meetings within the WEF ASEAN 2018, Vietnam gave its ideas on the expansion of cooperation in mobile network integration with a single service price among Cambodia, Laos, Myanmar and Vietnam, heading to a “flat ASEAN” where people enjoy the best telecommunications services at a low roaming price.

He expressed his belief that that Industry 4.0 would contribute to promoting the rapid and effective growth of the regional countries.

The session, with Cambodian PM Hun Sen, Lao PM Thongloun Sisoulith, Myanmar’s State Counsellor Aung San Suu Kyi and Thai Deputy PM Prajin Juntong in attendance, discussed a number of important issues to the growth and integration of the Mekong countries, including the impacts of Industry 4.0, transport infrastructure, and soft connectivity, along with matters related to the environment and Mekong river water resource management.

The leaders agreed that the Mekong countries should work harder to promote their internal strengths and market advantage, as well as an abundant young workforce, to take advantage of the opportunities and benefits of Industry 4.0 for more sustainable development.

They shared orientations and measures to strengthen integration in the region, in ASEAN and the world, fostering connectivity in transport, energy and telecommunications and economic connectivity.