Digital transformation helps enhance capacity, competitives for enterprises

Digital transformation is the most effective way to help businesses improve their capacity and competitiveness, and adapt to new trends and situations, according to Nguyen Duc Trung, Deputy Director of the Enterprise Development Department (EDD) at the Ministry of Planning and Investment (MPI).
Digital transformation helps enhance capacity, competitives for enterprises ảnh 1Representatives of FPT Group offer digital transformation solutions to some businesses of Hai Duong province (Photo: VNA)

Hanoi (VNA) – Digital transformation is the mosteffective way to help businesses improve their capacity and competitiveness, andadapt to new trends and situations, according to Nguyen Duc Trung, Deputy Director of the Enterprise Development Department (EDD)at the Ministry of Planning and Investment (MPI).

The EDD reported that in the 2021-2023 period, thedepartment has mobilised resources from international agencies and coordinatedwith agencies, associations and organisations to implement a programme to supportbusinesses in digital transformation for 2021-2025. These activities focus onraising awareness, building databases, tools, documents and platforms to enhanceawareness for businesses and develop an ecosystem to assist businesses indigital transformation.

The department cited a survey conducted by the MPI that shows positive changes in enterprises' awareness of the need for digital transformation. Many enterprises have entered the stage of digitising data,standardising processes, applying digital technology and moving towards digitaltransformation on a broader scale.

However, these results are still modest as businesses,especially small and medium-sized enterprises, are still facing many challengesin the digital transformation process, insiders said.

A representative of Vietnam Posts andTelecommunications Group (VNPT) said that digital transformation is not an easyjourney and many difficulties will arise, requiring the unityand synergy of all enterprises. The group has accompanied ministries, localities,and associations to promote the digital transformation process of businessesthrough the oneSME platform, the representative went on. 

The MPI has set the goal that through the digitaltransformation support programme, by 2025 at least 100,000 businesses will benefit from the programme and 100 enterprises will receive assistance to become success models in digital transformation. 

Nguyen Thi LeQuyen, an EDD’s representative said that in 2024-2025, the programme will focus on in-depth training to improve digital transformationcapacity for businesses, particularly via training of heads of departments, managerial staff in enterprises, digital technology engineers and consulting experts.

According to PhungDinh Thong, Director of Thang Loi  Co.Ltd, integrating software and technology solutions into the company'smanagement activities is very necessary because it helps solve its currentproblems, especially in the context of an increasing number of orders. However, todeploy them effectively, the company needs in-depth support from experts, hesaid, adding that it will enable the company minimise costs and the use of resources while making the most of functions of software and technologysolutions./.

VNA

See more

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit.

Saigon Marina IFC – The light of Ho Chi Minh City’s new icon

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit. Designed to become an International Financial Centre, this new architectural icon along the Saigon River is envisioned not only as a premium commercial complex, but as a central platform supporting financial institutions, international investors and cross-border capital flows in the years ahead.

Shoppers at a supermarket in Hung Yen (Photo: VNA)

Retailers see tax compliance, AI as key to survival in 2026 survey

The annual survey, conducted at the end of 2025 among retail and food and beverage (F&B) sellers nationwide, found that businesses are shifting their focus from rapid growth to operational efficiency, cost control and legal compliance amid increasingly stringent regulatory standards.

Visitors shop at Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026 opens broader prospects for Vietnam–UAE trade cooperation

For Vietnam, the UAE serves not only as a consumer market but also as a gateway to the Middle East and North Africa. Vietnamese agricultural products such as cashew nuts, pepper, cinnamon and rice have steadily gained market share, while aquatic products, including tra fish and tuna, are increasingly present in the UAE’s hospitality sector.

Bao Viet Bank's employee counts Vietnamese banknotes at a transaction counter in Hanoi. (Photo: VNA)

Credit quota reform, tighter capital rules may widen gap among banks

Yuanta Vietnam Securities estimates that to achieve GDP growth above 10%, credit growth would need to exceed 16%. This suggests bank credit is no longer expected to be the main growth driver, with greater reliance on fiscal policy, public investment and capital markets.

Commercial Counsellor Do Viet Phuong, Head of the Vietnam Trade Office in Cambodia. (Photo: VNA)

Spring Fair 2026 offers ample room to deepen Vietnam–Cambodia trade ties

Cambodia holds substantial potential for cooperation in agro-processing and exports, especially in key products such as rice, cashew nuts and rubber. In recent years, the country’s cultivation area and agricultural output have grown steadily, providing a stable raw material base for processing industries.

Vietnam is projected to have approximately 2.4 million SMEs, accounting for over 98% of the country’s total enterprises. (Photo: cafef.vn)

Banks offer diverse solutions to support SMEs

With an increasingly significant role in the economy, the small and medium-sized enterprise (SME) sector is becoming a key segment in the credit growth strategies of many banks and the banks have been taking diverse solutions to support the enterprises.

Workers process coconuts for export at Vina T&T Group. (Photo: nhandan.vn)

Agricultural exports reliant on securing raw material supply

According to Secretary General of the Vietnam Pepper and Spice Association Le Viet Anh, pepper remained Vietnam’s leading spice export in 2025, with shipments exceeding 247,000 tonnes, accounting for 59.3% of total spice export volume. Export revenue reached 1.66 billion USD, out of total spice exports of 2.1 billion USD.