Digital Transformation in Vietnam - Trends and Solutions in the Coming Time

Abstract

Vietnam is a developing country but has a relatively high growth rate of the Digital Economy and digital transformation. Digital transformation helps businesses cut costs, optimize performance and labor productivity, in addition, this activity also promotes innovation, thinking, and creating new values. For that reason, digital transformation is the key for Vietnam to make changes and develop rapidly economically, realizing its strong aspirations. Therefore, identifying digital transformation trends is always an important in Vietnam and urgent issues for both the Government and businesses in Vietnam. The article has identified the main trends of digital transformation and recommended some solution implications for the Government and businesses to make the best use of these trends to achieve economic development goals and the society of the nation.