U.S.-funded project promotes Viet Nam's economic growth through technological transformation
VGP - The U.S. Agency for International Development (USAID) and the Ministry of Planning and Investment on October 1 launched the Viet Nam Workforce for an Innovation and Start-up Ecosystem (WISE) project.
The USAID-funded initiative will support Viet Nam’s National Fourth Industrial Revolution Strategy to advance continued economic transformation.
USAID WISE showcases the U.S. Government’s commitment to partnering with Viet Nam along its economic transformation, said USAID/Viet Nam Mission Director Ann Marie Yastishock at the event.
The project will help advance this strategy, which centers on mastering and integrating new advanced technologies, spurring innovation, and accelerating the growth of the digital economy, she added.
The USAID WISE will support scalable, market-driven, and sustainable models to prepare Viet Nam’s workers for the Fourth Industrial Revolution via partnerships with the private sector.
The project will build basic digital literacy, provide the Fourth Industrial Revolution career pathways information to make smart talent investments, provide information and communication technologies, upskilling/reskilling for lifelong learning, and explore innovative financing mechanisms for skills acquisition.
The USAID WISE will support Viet Nam’s efforts to emphasize skills development opportunities to all demographics by devoting special focus on women and vulnerable groups to help narrow the country’s digital divide.
This priority is consistent with the USAID Digital Strategy and will deliver long-term impact in Viet Nam through an information and communication technology sector that features leaders, coders, designers, and technicians that advance the use and development of the fourth industrial revolution as it takes root across Viet Nam’s economy.
By Thuy Dung
