Sci-Tech

Support package aims to promote digital transformation of businesses

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.
Support package aims to promote digital transformation of businesses ảnh 1At the launching of the programme to assist businesses in digital transformation (Photo: VNA)

Hanoi (VNA) – The programme to assist businesses in digital transformation for the 2021-2025 period of the Ministry ofPlanning 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.

The support aims to help at least 100 businessessuccessfully conduct their digital transformation process by 2025.

Its objectives also include enhancing all businesses’awareness of digital transformation, and the setting up of an expert networkcomprising 100 organisations and individuals providing consultancy andsolutions to promote the process in enterprises and supporting them indeveloping digital platforms.

In the first phase spanning from August to December 2021,the programme will send independent and experienced experts to 15 enterprisesto support them in building suitable strategies and roadmaps for digital transformation.

Eligible companies should have 50-500 employees and at leastfive-year operations in one of the prioritised sectors such as mechanicalengineering, electronics, agriculture and agricultural product processing, woodprocessing, furniture production, garment and textiles, pharmaceuticals andpackaging, and have their own orientations in digital transformation andrestructuring.

Enterprises engaging in supply chains related to export activities and having female owners and managers will be also prioritised.

Do Hoang Hai, a digital transformation expert of theprogramme, said that it may take several years to conduct digital transformationin a company depending on its scale and level of readiness. Costs for the workmay amount to hundreds of million of VND for a medium-sized enterprise, he added.

Hai advised businesses to design clear strategies and adetailed roadmaps in the work, while being prepared for difficulties andchallenges during the process.

Benefited firms will receive support from the Ministry ofPlanning and Investment and USAID LinkSME in connecting with leading companiesin domestic and foreign supply chains so that they will have chances to jointhe global supply chains./.
VNA
#LinkSME #digital transformation #digital platforms #restructuring #medium-sized enterprise #supply chains #Vietnam #Vietnam news #Vietnam News Agency
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