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HCM City mulls ways to help small firms achieve digital transformation

Ho Chi Minh City leads the country in digital transformation, but its small, medium and micro enterprises, which account for a majority of businesses, face challenges in achieving it.
HCM City mulls ways to help small firms achieve digital transformation ảnh 1HCM City should create support policies to help SMEs in digital transformation, experts said. (Photo vnexplorer.vn)

HCM City (VNS/VNA)
– Ho Chi Minh City leads the country in digitaltransformation, but its small, medium and micro enterprises, which account fora majority of businesses, face challenges in achieving it.

Nguyen Viet Toan, deputy chairman of the city Automation Association, said thefourth industrial revolution and COVID-19 pandemic meant SMEs had to transformor perish.

But since it required a lot of resources, knowledge of digital transformationand technological infrastructure, small firms had encountered challenges, hesaid.

Vu Tuan Anh, deputy director of consulting agency Dr SME, said digitaltransformation was inevitable for enterprises, especially amid the pandemic andthe rapid global integration.

Do Phuoc Tong, chairman of Duy Khanh Engineering Company, said his companytransformed five years ago and the efficiency was evident from cost saving,increased production and general business efficiency.

Operation, connecting with other businesses and interaction with partners andcustomers had been very convenient, he explained.

Director of the city Department of Industry and Trade Bui Ta Hoang Vu said thecity was set to create a legal framework that would enable businesses toinnovate and mitigate legal risks.

Policies that encourage enterprises and foster their use of new technologiesand digital transformation would be needed, especially those which allow thetesting of new Vietnamese products and technologies that still face legalobstacles, he said.

The city would also promote the development of large technology enterprises,raise awareness of the benefits of digital transformation and digitaltechnologies and set basic standards for digital transformation to helpbusinesses mitigate the risks involved, he added./.
VNA

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