Vietnamese small- and medium-sized enterprises (SMEs) are facing barriers in digital transformation and have a passive response to market changes, said Hoang Minh Chien, deputy head of the Vietnam Trade Promotion Agency (Viettrade).

The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

VOV.VN - The Foreign Ministers of ASEAN member states and the United States agreed to give priority to the fight against COVID-19 and post-pandemic economic recovery as part of future co-operation, during a meeting on August 4.

VOV.VN - Digital transformation of the banking and finance sector has made cyber security and information safety a major concern.

FPT Software has announced an investment in Global IT service provider Intertec International (Intertec), aiming to advance its efforts to provide solutions, technology services and digital transformation in the Latin American market.

VOV.VN - Vietnam aspires to become one of the food innovation hubs of Asia, Deputy Prime Minister Pham Binh Minh made the proposal at a UN gathering virtually hosted by Italy on July 27.

The programme to assist businesses in digital transformation for the 2021-2025 period of the Ministry of Planning and Investment and the USAID-funded Linkages for Small and Medium Enterprises (LinkSME) project have announced a support package to help enterprises promote digital transformation.

About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness as part of a project launched on July 22 by the World Bank (WB).

Business, trade and investment opportunities in Vietnam were introduced to businesses of Geneva and French-speaking states of Switzerland during a seminar in Geneva on July 20.

Domestic banks will continue striving to ensure business performance and deliver on commitments to investors while supporting clients amid difficulties this year.