HCMC to establish Industry 4.0 center with WEF help

HCMC – The government of HCMC will work with the World Economic Forum (WEF) to create the Center for the Fourth Industrial Revolution (C4IR) in Vietnam’s southern city. This development positions HCMC as the second Southeast Asian city to host a center for the Fourth Industrial Revolution (Industry 4.0), following the successful launch in Malaysia in 2023. The signing ceremony, graced by Prime Minister Pham Minh Chinh and Professor Klaus Schwab, founder and chairman of WEF, was held during the World Economic Forum in Davos, Switzerland on January 16. The center aims to shape and advance strategies for Industry 4.0, with a focus on the city’s economic development goals and broader national priorities. Jeremy Jurgens, CEO of WEF, described the establishment of C4IR HCMC as a milestone in the collaboration between WEF and Vietnam.