NDO – The fourth industrial revolution, or Industry 4.0, has brought about fundamental changes in various fields, including the book publishing industry. Many people now prefer reading through electronic books (eBooks) and virtual reality (VR) books, meaning publishing houses will be left behind unless they manage to figure out a new orientation for their operations.
Although printed books still play a strategic role in the book market in Vietnam and the world in general, it is undeniable that physical books no longer hold their dominance as in previous years. The emergence of eBooks, and particularly applications and software allowing the exchange and purchase of eBooks, have brought about a complete revolution in the publishing circle and in people’s reading habits.
The major change in the book business was confirmed by the 2011 victory of Amazon Kindle over Borders, a once-mighty book chain. Before its bankruptcy, Borders had operated its book stores in Australia, New Zealand, Singapore and the US, with a total workforce of about 16,500.
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