Representatives discuss the applications of IoT in business activities. — Photo laodongthudo

HÀ NỘI — Industrial Revolution 4.0 promised to bring opportunities to the business community, especially in sectors such as manufacturing, automation, agriculture, transport, finance, banking, education and health.

The statement was made by Hoàng Quang Phòng, vice chairman of the Việt Nam Chamber of Commerce and Industry (VCCI), at a forum held in Hà Nội yesterday.

The event was aimed at raising awareness of the internet of things (IoT)’s potential. In addition, it helped create opportunities for businesses to access IT applications to optimise operations, improve working efficiency, and increase revenue and profit.

Phòng said the workshop was also an opportunity to introduce IoT projects in agriculture, environmental monitoring, smart urban and smart production to the business community in the context of the economy developing towards the era of innovation and sustainable development.

Speaking at the conference, Đào Ngọc Chiến, deputy director of High Technology Department under the Ministry of Science and Technology, mentioned the significance of IoT in State management agencies, bringing great value to save time, effort and finance for many units; especially in simplifying administrative procedures, consolidating the database system to check and control enterprises more closely.

Ngô Việt Hải, sales director of Advantech Việt Nam Technology Company Ltd, suggested the Government should have supporting mechanisms for enterprises using IoT applications.

“I hope the State can help enterprises connect closer with customers’ needs as well as have guidance for firms, especially foreign businesses, in juridical issues and administrative procedures,” Hải told Việt Nam News.

The event was organised by the VCCI in collaboration with the Hà Nội Association for SME Enterprises and IoT Open Community Việt Nam. — VNS