Pandemic drives need for technology adoption among firms
The COVID-19 pandemic has forced many enterprises to close, with workers losing their jobs and their lives seriously affected. However, through the use of technology, businesses can rebuild management and operations to accelerate and create breakthroughs, experts have said.
Hanoi (VNA) – The COVID-19 pandemic has forced many enterprises to close, with workers losing their jobs and their lives seriously affected. However, through the use of technology, businesses can rebuild management and operওations to accelerate and create breakthroughs, e𓆉xperts have said.
Nguyen Van Khoa, General Director of FPT, said that COVID-19 has made businesses rethink the role of technology. Many businesses have spent millions of US dollars to improve their management and operational capabilities.
Nguyen Tuan Hong Phuc, Deputy General Director of KPMG Vietnam, said that in addition to investing in technology, companies need to transform the way they operate.
Companies that do not adopt digital transformation will be left behind, he said, adding that many Vietnamese companies have advanced further than their peers in the same industry.
As perceptions of digital transformation change, there has been a positive spillover attributed to promotions run by state agencies, professional organisations and the efforts of enterprises, especially technology firms, of which FPT is an example.
Many businesses have spent millions of US dollars to improve their management and operational capabilities. (Photo: VNA)
According to Tran Huy Bao Giang, General Director of FPT Digital Co. Ltd, the COVID-19 pandemic has provided an opportunity for change and breakthroughs from which businesses can accelerate.
He said the company has carried out digital transformation projects across three pillars: business, technology and people.
FPT has also provided solutions to help enterprises automate processes and operations with high accuracy, optimise costs, improve labour productivity by 69 percent and create new experiences for customers.
The company has been working with the healthcare sector to carry out comprehensive digital transformation, bringing practical values tไo people and society when using FPT eHospital, a management system which has been adopted by more than 300 hospitals and clinics to manage all activities from patient registration to discharge, he said./.
Vietnam’s logistics market is worth around 40-42 billion USD a year, and digital transformation among businesses is considered key to their success in this competitive market.
The Vietnam Social Security (VSS)’s digital transformation efforts have helped provide chip-based ID cards for health insurance at more than 4,000 medical facilities across the country.
With its own capabilities and the close, experienced partnership of the International Atomic Energy Agency (IAEA), Vietnam is well-positioned to pursue its first nuclear power plant that meets the highest international safety standards. Ambassador Vu Le Thai Hoang, Permanent Representative of Vietnam to the United Nations and International Organisations in Vienna, Austria, talked to the Vietnam News Agency about the country’s deepening cooperation with the International Atomic Energy Agency (IAEA) in applying nuclear technology for peaceful purposes.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
Illustrative image. (Photo: mot.gov.vn)
Many businesses have spent millions of US dollars to improve their management and operational capabilities. (Photo: VNA)
