Removing “bottlenecks” for digital transformation in industrial production

VCN - Although implementing digital transformation towards smart production creates many opportunities, it also poses significant challenges for businesses, especially in terms of investment costs and human resources.
New export and business cooperation opportunities from New export and business cooperation opportunities from "dual conversion"
Actively listening to the voice of the business community Actively listening to the voice of the business community
Logistics service businesses transform digitally to reduce costs Logistics service businesses transform digitally to reduce costs
By Ngoclinh/Quynhlan

Many wood processing enterprises in Binh Duong are making efforts to digitally transform to increase productivity and efficiency.

Mr. Nguyen An Son, Department of E-commerce and Digital Economy, Ministry of Industry and Trade, said that in Vietnam, digital transformation in the industrial production sector has become an urgent need. However, managers and businesses are faced with the decision of how to transform before the technology boom, with the increase in integration options, but must be linked to production and business conditions and suitable with resources.

According to Mr. Son, the level of readiness for digital transformation in the current business sector is quite low and there are not many small businesses such as startups that have the conditions and resources to access effective digital transformation programs and solutions. Along with that, the dependence on technology is tending towards large enterprises, FDI enterprises.

Accordingly, small businesses find very difficult to access advanced production lines and technologies. “In addition, in terms of human resources, especially in the upcoming period, AI has been affecting the quality and quality-related issues, the ability to provide human resources for the digital transformation manufacturing industry in the industry…” Mr. Nguyen An Son pointed out.

From the business perspective, Dr. Nguyen Huu Phuoc Nguyen, CEO of Selex Motors, said that there are still limitations in the perception of the benefits of digital transformation. The most important thing is that the head of the business must recognize and correctly assess the digital transformation needs of the business and have a roadmap for appropriate transformation.

According to Mr. Tran Duc Tung, Deputy General Director of Hanel Manufacturing and Import-Export Joint Stock Company (Hanel PT), for businesses in the electronics sector, the need for digital transformation is very urgent. In the past five years, digital transformation and smart manufacturing have become an inevitable need that businesses need to aim for. Without smart manufacturing as well as the application of technology and centralized enterprise data management, it is difficult to compete and create efficiency in the process of enterprise management.

According to Mr. Tran Kien Dung, ILO expert, Director of ProfM Vietnam Co., Ltd., in Vietnamese enterprises, in the recent period, there have been both successful and failed lessons. 80% of enterprises failed in digital transformation due to hasty decisions without a suitable strategy or roadmap. To successfully transform digitally, it is necessary to have appropriate technology solutions, financial resources and especially competent, trained, dedicated human resources who understand digital transformation.

Therefore, to successfully transform digitally in manufacturing enterprises, Mr. Nguyen Huu Phuoc Nguyen emphasized the need for support and pilot programs to help enterprises change their perceptions more strongly and promote the digital transformation process. State management agencies or associations need to build many practical support programs. In addition to training, these programs should focus on directly consulting each enterprise, helping them identify digital transformation solutions suitable for the current production situation

Many enterprises have difficulty in objectively self-assessing or taking the time to find effective digital transformation methods. Therefore, specific pilot projects will be an important "springboard", not only helping enterprises change their perceptions but also clearly demonstrating the practical benefits of digital transformation, thereby motivating them to continue to deploy on a larger scale.

In addition, there should be policies to encourage and support domestic enterprises to develop digital solutions. “Digital transformation is not just a matter of will, but solutions are the deciding factor. If businesses only depend on foreign solutions, the cost will be very high and difficult to access. Meanwhile, Vietnam can completely develop domestic solutions at a more reasonable cost. Therefore, creating conditions and supporting policies to promote domestic technology businesses to develop suitable products is very important, helping businesses easily access and effectively implement digital transformation,” said Mr. Nguyen Huu Phuoc Nguyen. Mr.

Nguyen An Son said that the Ministry of Industry and Trade will also continue activities to promote digital transformation. In addition to reviewing, amending and supplementing the system of legal documents, the Ministry will soon submit to the Prime Minister for approval the Program to support industrial manufacturing enterprises in applying 4.0 technology through digital transformation to develop smart manufacturing in the period up to 2030 and effectively implement the Program after approval, creating a unified basis for activities to support industrial enterprises in digital transformation and access to smart manufacturing models.

By Ngoclinh/Quynhlan

Related News

Industrial production maintains rapid and throughout bounceback

Industrial production maintains rapid and throughout bounceback

VCN - The industrial production index in 11 months continued to recover rapidly and increase steadily in 60/63 provinces and cities, which is a good signal for the economy.
Industrial production maintains rapid and throughout bounce back

Industrial production maintains rapid and throughout bounce back

VCN - The industrial production index in 11 months of 2024 continued to recover rapidly and increase steadily in 60/63 provinces and cities, which reveals a good signal for the economy.
Customs modernization: From VNACCS to Digital Customs: Part 3: Part 3: Comprehensive digital transformation in customs field

Customs modernization: From VNACCS to Digital Customs: Part 3: Part 3: Comprehensive digital transformation in customs field

VCN - The shortcomings and inadequacies related to the VNACCS/VCIS and satellite information technology (IT) systems have been identified early by the General Department of Customs. Therefore, on the one hand, the Customs sector has been actively seeking solutions to solve them, on the other hand, it has focused resources to carry out comprehensive digital transformation in the customs sector in response to the Government's policy.
Border gate planning: Issues for Lang Son

Border gate planning: Issues for Lang Son

VCN - In order to exploit and promote the potential and economic strengths of border gates, helping to realize the aspiration of turning Lang Son into a "green border city" with a "border gate urban area", the requirements for openness and connectivity in border gate planning need to be clearly oriented, allocated and used effectively. In particular, the planning of border gate areas must be associated with the goal of digital transformation, in which human resources, equipment and infrastructure are prioritized.

Latest News

Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.
Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.

More News

Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Vietnam's agricultural product exports shine in 2024

Vietnam's agricultural product exports shine in 2024

The agricultural sector wrapped up 2024 with 62.4 billion USD in export turnover, marking an 18.5% increase against 2023, while achieving a record trade surplus of 18.6 billion USD, surging 53.1%.
Aiming for 16% credit growth and removing credit room allocation

Aiming for 16% credit growth and removing credit room allocation

VCN - A representative of the State Bank of Vietnam (SBV) said that the SBV is gradually innovating its credit management methods, aiming to remove the mechanism of allocating credit room to each credit institution.
Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia initiates anti-dumping investigation on galvanised sheets from Việt Nam

Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.
Coffee prices hit record highs, heightening speculation risks

Coffee prices hit record highs, heightening speculation risks

Phan Minh Thông, Chairman of Phúc Sinh JSC, called the price surge "insane," warning of continued increases as businesses are compelled to trade at elevated prices instead of following pre-set contracts.
Exports witness a rise of US$1 billion in the first 15 days of 2025

Exports witness a rise of US$1 billion in the first 15 days of 2025

VCN - Compared to the same period in 2024, exports in the first half of January 2025 increased by more than 6%, equivalent to nearly USS$1 billion.
Central industrial hub sets ambitious growth target in 2025

Central industrial hub sets ambitious growth target in 2025

The central province has targeted ambitious growth of up to 10 per cent with some key strategic industrial investment projects in 2025, contributing VNĐ25 trillion (US$1 billion) to the State budget.
Demand for dragon fruit in Tiền Giang Province continues to increase

Demand for dragon fruit in Tiền Giang Province continues to increase

Dragon fruit prices in Tiền Giang Province remain high after the Lunar New Year due to increased demand from China and domestic consumption.
Data centres are attracting investors in Asia

Data centres are attracting investors in Asia

The global data centre market reached new heights in 2024, driven by the growing demand for generative AI, which has triggered a new wave of investment.
Read More

Your care

Latest Most read
Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.
Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - The figure decreased by 15.6% (equivalent to a decrease of US$5.33 billion) compared to the figure in the first half of January 2025.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Mobile Version