Abstract

Abstract: The 4th Industrial Revolution (4IR) is changing all disciplines and global economy. The revolution is expected to introduce profound impacts on the socio-economic development in every nation. The private sector in Vietnam, although accounting for large percentage, is mostly small scaled with low performance. Therefore, approaches to promote the development of private enterprises coupling with the Revolution are of great concerns. This paper examines the impacts of the 4IR on production, a key characteristic of Vietnamese private enterprises, and proposing a number of thematic solutions for their advancing with the 4IR