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Policy for Industrial Development in Era 4.0 In Some Pioneering Countries and Proposing to Vietnam

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  • Phan Thi Thuy Hoa
  • Nguyen Thi Hoa
  • Pham Thi Minh Chau

Abstract

Vietnam is considered to be a country with the advantage of a young and abundant labor force, which will not be a strength because robots will replace all manual jobs. In the future, people will lose their jobs, because robot technology can affect all industries such as textiles, services, entertainment to health, transportation, education. The paper analyzes policies that pave the way for 4.0 industry development in the eight most representative countries of the European Union. The author points out the most basic content and clarifies the key points of the policy that the so-called countries have followed, including identifying policy space, pursuing goals, and supply. funding, efficiency brought about, the focus and impacts of policies, governance and implementation, specific barriers and obstacles in each country. From there, draw lessons learned in planning, as well as implementing policies at the national level on industry 4.0 in Vietnam today. The author also made some suggestive suggestions about the policy direction to create a solid condition for Industry 4.0 to develop.

Suggested Citation

  • Phan Thi Thuy Hoa & Nguyen Thi Hoa & Pham Thi Minh Chau, 2019. "Policy for Industrial Development in Era 4.0 In Some Pioneering Countries and Proposing to Vietnam," European Journal of Engineering and Technology Research, European Open Science, vol. 4(9), pages 129-134, September.
  • Handle: RePEc:epw:ejeng0:v:4:y:2019:i:9:id:61527
    DOI: 10.24018/ejeng.2019.4.9.1527
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    References listed on IDEAS

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