Vietnam looks to speed up digital transformation process
Measures to speed up digital transformation in health care, finance-banking and small- and medium-sized enterprises (SMEs) were discussed at symposiums held on December 15 in the framework of the 2020 Vietnam Digital Transformation Day (DX Day 2020).
A visitor at the 2020 Vietnam Digital Transformation Day (Photo: VNA)
Hanoi (VNA) –𝓰 Measures to speed up digital transformation in health care, finance-bankingand small- and medium-sized enterprises (SMEs) were discussed at symposiums heldon December 15 in the framework of the 2020 Vietnam Digital Transformation Day(DX Day 2020).
SMEs are havingopportunities for digital transformation, and it they cannot capitalise onupcoming chances for digital transformation, they will be lagging behind and evenbe wiped out, according to experts. The process isprojected to help the firms bolster growth, cut down on expenses and developsustainably in the digital environment. Figures of the VietnamSoftware and IT Services Association (VINASA) showed that about 15 percent ofSMEs across the country is carrying out digital transformation but up to 99percent of surveyed SMEs said they are facing capital shortage for the work. The Ministry ofPlanning and Investment (MPI) partnered with the US Agency for InternationalDevelopment to launch the Linkages for SMEs (USAID LinkSME) project earlierthis month, aiming to support effective digital transformation of firms for the2021-25. Under the project, at least 100,000 SMEs will receive technicalassistance. A representative ofthe MPI said the portal digital.business.gov.vn serves as a channel providingknowledge on digital transformation and linking enterprises. In the field ofhealthcare, deputy head of the Information Technology Department at theMinistry of Health Nguyen Truong Nam said that the COVID-19 pandemic had provedthat digital transformation is vital in the management and operation of medicalestablishments. The health sector aimsto apply digital technology in most of its activities and services by 2030, towardsthe formation of a smart health care system. Medical facilities areurged to bolster technological application and build interconnected database toreduce time for checkups and costs./.
Vietnam has carried out digital transformation programmes for enterprises and dialogues between companies and senior leaders of ASEAN countries to turn the bloc into a hub for innovative and sustainable start-up development.
Indigenous technologies are key to facilitating the country’s digital transformation and the widespread adoption of technologies, according to experts.
The Vietnam Digital Transformation Day 2020 will take place in Hanoi from December 14-15, said the Vietnam Software and IT Services Association (VINASA) on December 8.
IBM Vietnam will offer new online resources for teachers and students to learn the foundations of artificial intelligence (AI) for free to prepare the next generation of leaders with the skills and knowledge needed to adopt AI responsibly in Vietnam.
The Vietnam Digital Transformation Day (DX Day 2020), themed “National Digital Transformation: Sharing and Connectivity”, opened in Hanoi on December 14.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
A visitor at the 2020 Vietnam Digital Transformation Day (Photo: VNA) 
