The Ministry of Planning and Investment has drawn up a program to support digital transformation in enterprises, cooperatives, and household businesses for the 2021-2025 period. It has also sketched out a draft project, proposal, and decision approving the program that aims to materialize policies and guidelines of the Party, the laws of the state, and the solutions of the government in this regard.
According to a report, the program is predicted to assist accelerate digital transformation through changes within the awareness, mindset, and methods of enterprises, also as incentives towards digitalization in business, administration, and production activities.
Accordingly, all of the production facilities would “have their awareness and mindset of digital transformation improved by 2025”, the report noted. Meanwhile, a minimum of 500,000 of them will receive assistance from the program like training, consultancy, and access to digital packages. Among the beneficiaries, a minimum of 800 firms, 100 cooperatives, and 4,000 household businesses are set to become models in digital transformation, especially in processing, manufacturing, agriculture, tourism, and certain production spheres.
A network of experts will be set up, bringing together at least 500 organizations and individuals that will provide consultancy in digital transformation, and announce a database with at least 100 digital transformation solutions. The program targets enterprises, cooperatives, and business households that seek digital transformation to enhance their production and business efficiency, and competitiveness.
To meet the set targets, the Ministry will build documents and tools guiding digital transformation, roll out activities, and boost cooperation between relevant sides. The program will focus on developing and raising the capacity of experts in digital transformation according to global standards and trends, and connecting them with production facilities. It will select production facilities that have the capacity and commitment to digitalization, helping them put forth a roadmap for digital transformation, and offering them up to a 50% reduction of consultancy costs. The funding for the program will come from the State budget, both at central and local levels, and contributions by organizations, individuals, and businesses.
In July, the Ministry of Design and Investment and therefore the USAID-funded Linkages for little and Medium Enterprises (LinkSME) project announced a support package to assist enterprises to promote digital transformation. The support package was provided as a part of the project’s program to assist businesses in digital transformation for the 2021-2025 period.
As OpenGov Asia reported, the support aims to assist a minimum of 100 businesses in successfully conduct their digital transformation process by 2025. It aims to enhance Vietnamese businesses’ awareness of digital transformation and set up an expert network comprising 100 organizations and individuals. This network will provide consultancy and solutions related to digitalizing operations. It will aid the event of digital platforms.
In the first phase, which began in August and will end in December this year, the program sent independent and experienced experts to 15 enterprises to support them in building suitable strategies and roadmaps for digital transformation. Eligible companies should have at least five-year operations in one of the prioritized sectors such as mechanical engineering, electronics, agriculture and agricultural product processing, wood processing, furniture production, garment and textiles, pharmaceuticals, and packaging. They must have their orientations in digital transformation and restructuring.
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