VOV.VN - With Vietnam possessing huge potential for development amid a strong digital transformation process, Singaporean technology firms are increasingly viewing the Vietnamese market as a key area for growth.

A shift to digital platforms is considered an effective means for businesses to expand export markets as Vietnam integrates more deeply into the global economy, Deputy Minister of Industry and Trade Cao Quoc Hung has said.

Ho Chi Minh City announced a programme on digital transformation along with a data sharing and integration platform at a conference on July 22.

While news agencies are facing decreasing revenues from readership, advertisement and the State budget, digital transformation is required to help media survive, develop and catch up with the developments of the region and the world.