Digital transformation how mature are swiss smes

Digital transformation has been applied for data-driven logistics and supply chains, digital device management, quality control, and intelligent processes. Vietnamese enterprises need to build digital human resources, improve innovation capacity and competitiveness in the market in order to meet requirements about digital transformation, local experts said. SMEs lack of digital skills to meet the requirements of digital transformation. Photo: CMC More than 300 delegates discussed and gave recommendations for digital conversion in small and medium enterprises (SMEs) at the online seminar themed “Digital Transformation - from policy to a practical solution for small and medium enterprises” organized by the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with Hewlett Packard Enterprise (HPE) Vietnam and its partners on September 9. Speaking at the event, Hoang Quang Phong, Vice President of VCCI emphasized most Vietnamese SMEs have faced many …

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VCCI Vice Chairman Hoang Quang Phong speaks at the workshop. (Photo: VNA) Hanoi (VNA) – Digital transformation is significant to Vietnamese small-and medium-sized enterprises ( SMEs ), especially amid the COVID-19 pandemic, heard a workshop on September 9. Jointly held by the Vietnam Chamber of Commerce and Industry (VCCI), Hewlett Packard Enterprise (HPE) Vietnam, and Elite Technology JSC, the online event brought together 300 enterprises nationwide. It aims to help domestic SMEs draw up digital transformation frameworks, seek suitable solutions and optimise cutting-edge technologies to successfully embark on digital transformation . The workshop is also expected to raise their competitiveness to join global value chains, adapt to the new situation and develop sustainably. VCCI Vice Chairman Hoang Quang Phong pointed out barriers to local SMEs in digital transformation regarding digital skills and capacity, IT infrastructure, and digital mindset. He suggested …

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Illustrative image (Photo: VietnamPlus) Hanoi (VNA) - The Ministry of Planning and Investment (MoPI) has drawn up a draft project, a draft proposal and a draft decision approving the programme on supporting digital transformation in enterprises, cooperatives and household business es during the 2021-2025 period. The programme aims to realise policies and guidelines of the Party, laws of the State and solutions of the Government to promote digital transformation in order to meet practical and urgent needs of production and business establishments. It is expected to help quicken digital transformation through changes in awareness, visions and strategies of enterprises, and incentives towards digitalisation in business and production activities, administration, and technological application in businesses. Comprehensive digital transformation Under the draft , all of the production and business facilities nationwide would have their awareness and mindset of digital …

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Digital transformation to help Vietnam's agricultural sector survive COVID-19 storm Over the years, climate change has had a marked negative impact on agriculture in Vietnam, particularly in the Mekong Delta and the Central Highlands. The COVID-19 pandemic has rubbed salt into the wound as movement curbs have interrupted supply chains. Farmers are unable to sell their produce while consumers are struggling to buy food in the southern provinces, in a frustrating paradox created by COVID-19 travel restrictions and the closures of both wholesale and retail markets as a result. In the face of many challenges, it is important for the agricultural sector to accelerate the digital transformation process to sail through the tough time. However, the Overview Report of Vietnam Agricultural Digital Transformation in 2021 reveals that the percentage of agricultural enterprises interested in digital transformation is still very low. Lack of needful resources, digital infrastructure, and …

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Hanoi (VNA) – The Enterprise Development Agency under the Ministry of Planning and Investment in coordination with Amazon Global Selling Vietnam on September 9 held a webinar to launch a programme for firms interested in export via e-commerce. The 90-Day Amazon Launchpad programme is part of the ministry’s Go Digital Go Global aid package for enterprises’ digital transformation during 2021-2025, aiming to help small- and medium-sized ones bring their products to global markets using digital tools and platforms. Amazon Global Selling is among partners of the package. Amazon Global Selling Vietnam will assist more than 50 selected businesses with different levels of assistance, from providing information and knowledge via email, webinars to direct support by Amazon personnel in the process of business planning on cross-border e-commerce . digital transformation . In addition, at least 100,000 enterprises are supported to use a digital transformation readiness evaluation …

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Workers make clothes in Binh Minh Import Export Co. The “90-day Amazon Launchpad” programme, designed to help small and medium-sized firms boost exports to global market via e-commerce. — VNA/VNS Photo Duong Giang The “90-day Amazon Launchpad” programme, designed to help small and medium-sized firms boost exports to global market via e-commerce, kicked-off on September 9. Under the programme, 50 enterprises were selected to be trained via email and webinar, online or directly, by Amazon Global Selling staff to do business on cross-border e-commerce platforms. They will not only be provided with information and knowledge of e-commerce but be assisted to study and apply digital tools to do market research, access customers and analyse consumption trends such as big data and artificial intelligence. After 90 days, the enterprises are expected to master skills for trading online via e-commerce platforms. The three-month programme is part of the Go Digital - Go Global package …

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Techcombank has chosen AWS for its vision to "change banking, change lives" Techcombank will harness the breadth and depth of AWS cloud services to support its vision to “change banking, change lives” and facilitate the rapid development of innovative new products and services that help Vietnamese individuals, businesses, and corporations grow. The multi-year collaboration will also focus on establishing a cloud skills programme to provide the bank’s employees with access to the world’s most comprehensive and broadly adopted cloud offering and promote an environment of rapid and continuous innovation. Using AWS, Techcombank gains the reliability and scalability to offer new digital financial services faster, while remaining highly secure and compliant. Techcombank's “change banking, change lives” vision requires the ability to launch new differentiated offerings quickly for Vietnamese consumers at speed and scale. To achieve its vision and to set itself apart from others in …

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Post-pandemic cooperation prospect of Vietnam, Hong Kong The Vietnamese Ministry of Industry and Trade and the Commerce and Economic Development Bureau of the Hong Kong Special Administrative Region Government (China) jointly held a teleconference on post-pandemic economic recovery – Vietnam-Hong Kong partnership on September 20. Speaking to Vietnam News Agency's correspondents, Anthony Lam, Executive Deputy Chairman of the Federation of Hong Kong Industries (FHKI) and CEO and Vice Chairman of the Golden Resources Development International Ltd., said a number of Hong Kong manufacturers have recently expanded production out of Hong Kong and to ASEAN, including Vietnam, for different reasons. About the potential of cooperation between Vietnamese and Hong Kong firms, Lam said Hong Kong is focusing resources on health care and pharmaceuticals so its businesses could consider investment in those fields in Vietnam. He stressed that Vietnam boasts a young, hardworking, …

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About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new... Some 58 per cent of global respondents predict that they will completely cease to exist in the next five to ten years unless they change their business models. — Photo bnews.vn About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus). The ‘Evolve or be extinct’ report was conducted by FT Focus and surveyed over 500 senior banking executives globally to gain insights into their perception of the banking industry, now and in the future. The results illustrate the urgent need for banks to modernise their offerings, with 58 per cent of global respondents predicting they will completely cease to exist in the next five to ten years unless they change …

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Wood exports plummet as amid virus outbreak Wood production and exports have hit a slump in recent months after showing strong numbers during the first half of the year, according to a report by the Ministry of Agriculture and Rural Development (MARD). The country exported US$8.71 billion worth of wood products in the first half of 2021, a 62.9 per cent increase year-on-year. However, the sector has been hard hit by yet another outbreak of the virus. The virus has paralysed some of the largest production centres of the industry including the southern provinces of Binh Duong and Dong Nai, said Bui Chinh Nghia, deputy head of MARD's department of forestry. "We have seen significant drops in wood exports in recent months. Exports for June, July and August dropped by 16 per cent compared to the previous three-month period. August saw the biggest drop at 22 per cent compared to July," said Nghia. More than half of the country's wood producers have had to shutter or scale down …

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