Producing mechanical components at the factory of the Misumi Vietnam company in the Linh Trung export processing zone in Thu Duc city, Ho Chi Minh City. (Illustrative photo: VNA)
Hanoi (VNA) – A forum discussing ways to help small- and medium-sized enterprises (SMEs) to accelerate digital transformation took place in Hanoi on November 9.
Jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and Meta Group, the event brought together representatives from the Ministry of Planning and Investment, the Ministry of Information and Communication, business associations and communities.
The event created a venue for policy makers, business support organisations, economic experts, and credit institutions to discuss the challenges facing SMEs, as well as policies, trends, opportunities, tools and solutions related to digital transformation.
Addressing the event, VCCI Vice President Bui Trung Nghia said digital transformation opens up opportunities for all countries, especially developing countries, to grow faster and upgrade their development ranking.
According to Vice Director of the Enterprise Development Agency under the Ministry of Planning and Investment Bui Thu Thuy, in recent years, the VCCI has cooperated with multiple organisations to support tens of thousands of businesses in accelerating application of digital tools in developing their businesses, contributing to changing the awareness and ability of the business community in this field.
With a population of nearly 100 million, including 70% with internet access, and about 72% using smartphones, Vietnam is considered one of the countries with the highest growth in the digital economy in Southeast Asia.
Vietnam’s digital economy was valued at 21 billion USD in 2021, up 31% year-on-year, and making up 5% of national GDP.
The country’s economy has recorded rapid changes through the application of digital technology. Its digital economy is expected to reach 57 billion USD in 2025, ranking second in Southeast Asia, with annual growth of 29%.
Digital transformation in the business community has recorded strong development in recent years to respond to changes in consumption behaviour well as management needs.
Many businesses have applied software solutions and used digital platforms in accounting-financial management, sales, online marketing, distribution channel management, business administration, and creating new products and services./.
Vietnam is a top market in adopting new technologies, in which 58% of digital consumers have used online banking solutions, e-wallets, money transfer applications, and digital banking.
The Small and Medium Enterprises Support Programme for Digital Transformation (SMEdx) of the Ministry of Information and Communications has reached about 490,000 SMEs by the end of last month, accounting for 61% of the total number of enterprises nationwide, achieving an average growth rate of 20% per month.
Digital transformation and the fake news fight were among the issues legislators questioned Minister of Information and Communications Nguyen Manh Hung about on November 4.
Digital transformation is no longer an option but a mandatory trend for real estate enterprises to overcome difficulties and contribute to promoting the formation of a healthy, transparent, and sustainable market.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.