Digital transformation vital to enhance competitiveness

Hastening solutions to improve competitiveness for businesses will be key for Vietnam to promote innovation and digital technology application, said Vietnam Chamber of Commerce and Industry's Phong. VNA/VNS

HANOI: Enhancing competitiveness through digital transformation is vital for enterprises in a digital economy to create the foundation for transforming growth models and building an independent and autonomous economy, deputy chairman of Vietnam Chamber of Commerce and Industry Hoang Quang Phong says.

“Developing the digital economy is a long journey, while the efficiency of economic integration depends largely on the competitiveness of the economy and enterprises,” Phong said.