Monday, November 19, 2018 4:00:42 PM - Markets open
VN-INDEX 916.06 +17.87/+1.99%
HNX-INDEX 103.95 +0.93/+0.91%
UPCOM-INDEX 52.40 +0.38/+0.74%
Water industry needs smart tech
Vietnam News - 11/9/2018 3:55:41 PM
 (0 ratings. You must sign in to rate.)
HCM CITY — Việt Nam needs to work on implementing modern IT systems and high quality workforce training in the water supply and drainage industries in preparation for the Fourth Industrial Revolution, experts said at a conference in HCM City yesterday.
 
Mai Thị Liên Hương of the Ministry of Construction said Việt Nam’s water supply and drainage industry had been applying hi-tech methods and IT. However, it was facing problems such as limited funding, climate change and pollution.
 
Investing into smart systems for managing water distribution is crucial for sustainable development of water industries.
 
Nguyễn Việt Anh, director of the Institute of Environment Science and Engineering, said that Industry 4.0 technologies like cloud computing, 3D printing, AI and the Internet of Things can be used alongside data collection and processing in water supply and drainage systems. Smart equipment such as smart valves, digital data loggers and equipment to detect leakage can also be implemented. 
 
Việt Nam’s production capability for smart water management products is still limited. Smart systems require a large amount of data, which can be difficult to gather and manage.
 
Supervisory control and data acquisition systems need to be upgraded for better data gathering and water network management. Databases and customer service should move away from manual paperwork and be more digitised.
 
Việt Nam should work towards smart water supply and drainage systems to enable efficient management of water quality and volume, weather forecasts and problem detection.
 
Ưng Quốc Dũng, deputy chairman of the Việt Nam Water Supply and Sewerage Association, said that, despite the fact that many firms in Việt Nam were still using low-tech systems, the implementation of 4.0 technology would impose massive changes on the Vietnamese job market. Low skilled jobs would be replaced by high skilled employees needed to run smart systems.
 
Firms will also have to train and hire more suitable workers and invest more in modern IT systems. 
 
“In the future, the intelligence and talent of the workers will be the most important factor for production, so preparing a high quality workforce is essential,” Dũng said.
 
The education system and human resource training have to be revamped to produce workers that have the skills and creativity needed for Industry 4.0.
 
Many skilled workers are grouped in HCM City and Hà Nội, while more are needed in the Central Highlands and Mekong Delta.
 
Dũng said that to prepare for Industry 4.0, the workforce – especially in the drainage and wastewater industries, which are relatively new in Việt Nam – needs to improve on foreign languages, IT capability, teamwork, communication and other skills.
 
The conference was a part of VIETWATER 2018, an international exhibition for technologies and systems in water industries. — VNS
 
Read original article here
 
Newer News
16/11 CPTPP to create impetus for textile, footwear industries
16/11 Japan, VN to deepen cooperation in the new global context
14/11 CPTPP approval lifts export stocks
14/11 Vietnam trade promotion area launched in Shanghai
14/11 Forum: Latin America promising market for Vietnam
13/11 More enterprises transferred to state capital management committee
13/11 CPTPP expected to boost Vietnam’s GDP by 2.01% by 2035
12/11 Việt Nam has opportunity to boost white-leg shrimp exports to EU
12/11 PM urges banks to aid key economic sectors Read more at http://vietnamnews.vn/economy/469821/pm-urges-banks-to-aid-key-economic-sectors.html#y0AdCScWHhUl1V8e.99
Older News
07/11 European firms remain optimistic about business situation in Vietnam
05/11 Vietnam rolls out red carpet for Chinese investors
05/11 French PM attends France-Vietnam technological business forum
02/11 VN posts trade surplus of $6.4 billion in 10 months
02/11 New decree facilitates rice trading, export activities
01/11 Agreement opens EU to VN timber
31/10 PetroVietnam calls on Government support for Block B-Ô Môn gas project
30/10 Construction firm Vinaconex sees revenue and profit down
29/10 State’s divestment plan set for failure
26/10 For VN firms, ready or not, here the CPTPP comes
 
Newsletter Signup
Top Stories
VN Index to rise amid volatility, weak liquidity
VN stocks continue rallying
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Market Update
Last updated at 3:09:16 PM
VN-INDEX 916.06 +17.87/+1.99%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.