Digital transformation gains momentum in Vietnam

Vietnam has seen an increase in digital adoptions among SMEs, according to the Small and Medium Enterprises Support Programme for Digital Transformation (SMEdx). 

The programme, under the purview of the Ministry of Information and Communications, has reached about 490,000 SMEs as at end-September, accounting for 61% of the total number of enterprises nationwide, reported Vietnam Plus. 

Digital adoption among SMEs in the programme has now achieved an average growth rate of 20% per month. Under the programme, SMEs will be provided with three to six months of free digital services, applicable to those who employ fewer than 50 people. 

The rate of digital adoption in Vietnam has varied across localities. Some provinces and cities have a higher percentage of businesses using the platform, including Hanoi (34%), HCM City (32.7%), Da Nang (11.5%), Ca Mau (7.5%), and Binh Duong (2.5%). Localities like Dien Bien, Hoa Binh, Tay Ninh, and Hau Giang, however, have reported a lower participation rate. 

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Localities in remote areas still face many obstacles in digital transformation and accessing digital platforms for business development, said the Ministry of Information and Communications.