Share why this center exists? The Prime Minister said this is the next initiative of the World Economic Forum (WEF).

Prime Minister tells the story of meeting Dr. Klaus Schwab and founding C4IR

"I and Dr. Klaus Schwab, Executive Chairman of the World Economic Forum, have met many times and asked what needs to be done for Vietnam that is practical, effective, and in line with Vietnam's conditions and the trend of the times?

Dr. Klaus Schwab suggested establishing a Center for the Fourth Industrial Revolution (C4IR) as some countries have done.

This is the story that leads to today, starting from the relationship between Vietnam and WEF; between me and the WEF president. Finally, it is the Ministry of Foreign Affairs and Ho Chi Minh City," said the Prime Minister.

The Prime Minister welcomed Ho Chi Minh City for accepting the task and implementing it very quickly, actively, and timely. The Center for the 4.0 Industrial Revolution has 6 meanings. These are:

- Concretize and institutionalize the Party's guidelines and policies on the 4.0 industrial revolution that the 13th Congress set forth, Resolution 29 on continuing to promote industrialization and modernization of the country to 2030, with a vision to 2045.

- Meet the practical requirements of national development. Innovation and the 4.0 industrial revolution are objective requirements and strategic choices for national development in the new period.

- Deep integration in the fields of science and technology, innovation, especially participating in promoting the process of the 4.0 industrial revolution with the world.

- Demonstrates the pioneering role of Ho Chi Minh City as the economic, political, social, security and defense center of the country.

- Expressing Vietnam's aspiration and pride, ready to compete with all countries in the world in this field.

- Affirming the close relationship between Vietnam and WEF (World Economic Forum)

Prime Minister Pham Minh Chinh emphasized the responsibility of the Government and ministries to orient policies and have priority policies for the development of this center.