Science and technology have entered a new period of development with Industry 4.0, including digital transformation and green transition, which have comprehensive and deep impacts on Vietnam’s industrialization and modernization process, Prime Minister Pham Minh Chinh has said.

He made the statement while addressing a plenary session with the theme “Accelerating digital and green transitions in driving breakthroughs to shorten the process of industrialization and modernization to 2030 with a vision to 2045” at the Industry 4.0 Summit 2023 that opened in Hanoi on June 14.

The policy of basing development on science and technology, innovation, and achievements in Industry 4.0 was confirmed by the Party and the State in the Party Central Committee’s Resolution No. 29 on the country’s industrialization and modernization to 2030 with a vision towards 2045, the Prime Minister said.

The resolution clearly defines that the manufacturing and processing industry is key and digital transformation is a new breakthrough mode to shorten the industrialization and modernization process.

Vietnam has gained encouraging results in digital transformation over the past year. However, in order to reach its goals in industrialization and modernization, the government leader sought focus on key solutions, including renewing mindsets and improving institutions and national governance quality to create an environment conducive to industrialization and modernization.

During the 2021-2030 period, the focus will be on actively promoting the strong application of scientific and technological advances and innovation; achieving breakthroughs in productivity, quality, efficiency, and competitiveness; and carrying out digital transition and green transition, he said.

The 2031-2045 period will concentrate on enhancing the quality of industrialization and comprehensively modernizing all sectors of the economy and social life, the Prime Minister said.

It is necessary to accelerate the process of building, issuing, and effectively implementing the Strategy for Digital Industrial Development; building and deploying the Semiconductor Industry Development Strategy of Vietnam until 2030, with a vision to 2045; building the Law on Digital Industry; actively and effectively implementing the contents of the Political Declaration on the establishment of the Just Energy Transition Partnership (JETP); and successfully realizing the Power Development Plan VIII towards reducing and balancing emissions in line with Vietnam’s commitments at the 26th and 27th United Nations Climate Change Conferences, Prime Minister Chinh noted.

He affirmed that the government will continue to focus on fine-tuning institutions, promoting entrepreneurship, and fostering innovation in line with market mechanisms and international practices.

It is also necessary to make a breakthrough in building infrastructure, particularly strategic infrastructure that provides momentum for national industrialization and modernization, he said.