Phuong Trinh, the owner of a restaurant in HCMC, is checking his business on Grab and Now. She notes that orders from the two apps have become unsatisfactory and wants to identify the problems to adjust the food processing capacity and working schedule. At BVOT, a company that specializes in running business campaigns for automobile enterprises, officers don’t stay after 6 pm and don’t work on weekends. In order to apply the policy, all the operation stages must be digitized. Every day, officers take duties from the system and update their implementation process. The method has helped increase productivity. Tran Hong Ninh, CEO of BVOT, said he is trying a model which allows work from a distance. The money saved from office leasing will be used for a new wage policy. ‘Digital transformation’ entails digitizing business activities to generate data which could be used for specific business purposes and corporate governance. Young businesses related to e-commerce … [Read more...] about What does Vietnam need for digital transformation?
The digital transformation
Vietnamese SMBs eager for digital transformation push
Luong Thi Le Thuy, managing director, Cisco Vietnam The Index, developed by global research firm IDC based on an independent survey of 1,340 respondents, looked at digital maturity of SMBs across four business dimensions: technology adoption and application, digital transformation strategy and organisation, processes and governance, and the capability to source, manage and retain the right talent to enable their digital transformation. Taking into account the four dimensions, SMBs in ASEAN, with the exception of Singapore, were classified into the ‘Digital Indifferent’ stage of digital maturity. The stage is defined as being one where companies’ digital efforts are often reactive to market changes, rather than driven by a proactive tactical approach. As SMBs in Vietnam become more digital, it is not surprising that Cloud is the top technology they are investing in (18 per cent). This aligns with the trend of cloud adoption across the region as the technology allows … [Read more...] about Vietnamese SMBs eager for digital transformation push
Digital transformation delivers breakthrough chances to VN
The experts comment that thanks to the digitalization process, along with the impressive growth of technological advancements, all regular activities of human beings, especially commercial ones, are gradually changing. There exist a group of businesses which operate basing on real-time data, making them the leader thanks to their remarkable performance and outstanding quality. They can better serve customers, and thus increasing their own revenues while minimizing overhead costs. In fact, the digitalization process has brought precious values like profit growth, cost saving, real-time operation of complicated data systems, large-scale customization of devices. Therefore ‘digital transformation’ has been ranked in the top three prioritized issues of any business in this era. According to Mr. Truong Gia Binh, President of FPT Group, since 8 years ago, FPT has continuously received invitations from major international corporations because they are able to master cutting edge … [Read more...] about Digital transformation delivers breakthrough chances to VN
Businesses willing to spend big money on digital transformation
VietNamNet Bridge - The cost for applying high technologies is becoming more affordable, which gives more opportunities to businesses to speed up digitalization of their production and business. Tran Ha Thanh, technology director of Techcom Securities (TCBS), said TCBS has decided to use Microsoft Azure, a cloud computing service, after a long trial use period. The solution will help TCBS analyze data in depth, which will provide important information to the company’s managers to make reasonable and timely decisions. It also serves TCBS’s goal of developing a technological platform to provide services to 1 million customers by 2020. According to Thanh, a friendly easy-to-use platform and high data security level are the two most important characteristics of an app. Businesses have been advised to choose the hybrid cloud, the environment that combines private (enterprise) clouds and public clouds, which can take full advantage of enterprises’ existing … [Read more...] about Businesses willing to spend big money on digital transformation
Digital transformation offers Vietnam pathway to prosperity : Minister
The Hanoitimes - Vietnam has to accept and integrate new things much faster than others. Staying behind or moving at the same pace, there would be no chance for Vietnam to catch up with others, a minister has said. Vietnam to pilot 5G network this month Vietnam has to accept new business models in Industry 4.0: Minister Digital transformation is an inevitable trend and would offer Vietnam a pathway to prosperity, according to Nguyen Manh Hung, minister of information and communications. Minister of Information and Communications Nguyen Manh Hung. Source: Zing. As part of the digital transformation, a digital economy would help Vietnam increase productivity and economic growth, Hung said at the Vietnam Economic Forum on January 17. Such growth is considered sustainable, which is more of a knowledge-based instead of natural resources exploitation. Moreover, the cost to participate in a digital economy is low, enabling a wider public involvement, Hung added. … [Read more...] about Digital transformation offers Vietnam pathway to prosperity : Minister