Digital transformation is not only a trend but also essential for businesses to thrive as the fourth industrial revolution (4IR) has boomed globally, heard at a conference held in Ho Chi Minh City on October 20.
Many small and medium-sized companies (SMEs) have little experience in e-commerce and lack information about the field, experts said at the recent “Digital Transformation - Gateway to the Global Market” forum in HCM City.
Successfully launched in 2018 and catching the attention of more than 2,000 visitors, the Industry 4.0 Summit has gained a reputation not only as one of the most prestigious industry events but also a premium platform for knowledge-sharing, discussion, and networking.
With Industry 4.0 knocking on its doors, Vietnam is seeking solutions and partnerships to promote digital transformation in the healthcare sector.
Digital transformation is creating opportunities for small and medium-sized businesses in Vietnam but also bringing new risks, according to experts.
Information and technology (IT) firms will lead the country’s digital transformation in all sectors, said Phan Tam, Deputy Minister of Information and Communications (MIC).
VOV.VN - Vietnamese enterprises need to continue to innovate and increase IT application in both production and business governance and become the leaders in the digital transformation of the national economy.
VOV.VN - The Vietnamese government has identified that building an e-government towards a digital government, society, and economy is one of the top priorities in the 2016-2020 period to create a firm foundation for a total digital transformation in the 2021-2030 period.
VOV.VN - Local firms must prepare strategic digital transformation blueprints in line with technological changes emerging from Industry 4.0 in order to keep up with market trends, insiders have noted.
Vietnam continues to be a great example of successful transition and development, according to Business Times of Singapore.
Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.
VOV.VN - Digital transformation is forecast to help Vietnam earn an additional US$168.6 billion, or 1.1 per cent of annual GDP by 2045, heard a symposium held in Hanoi on May 15.
Digital transformation’ entails digitizing business activities to generate data which could be used for specific business purposes and corporate governance.
VOV.VN - The Vietnam Study Promotion Association held a joint press conference in collaboration with the Vietnam Post and the Telecommunications Group in Hanoi to launch the Vietnamese Talent Awards 2019 on April 18.
Deputy Prime Minister Vuong Dinh Hue has urged domestic firms to embrace digital transformation at a recent business forum.
Vietnamese businesses should embrace digital transformation to remain competitive and enhance their value, heard a seminar on digital transformation held on March 21 in HCM City.
Increasing profit a few hundred percent, saving billions of dollars in technology costs, operating complex data systems in real time, transforming appropriate business models, improving operational efficiency and personalising customer experience on large-scale digital platforms at fast speed were the benefits of digital transformation.
The first-ever Vietnam Digital Awards were presented at a ceremony in Hanoi on November 19, honouring organisations and individuals excelling in providing or applying digital technologies aimed to improve customers’ experience.
Several sectors, including telecommunications, retail and financial-banking, have been greatly affected by digital transformation, according to a technology conference held in HCMC on September 20.
Local tech giant FPT Corporation has become a technology partner of Carlsberg, one of the world’s leading brewery groups, providing information technology and digital transformation services for the global brewer.