Hanoi (VNA) - In the context of fierce global competition, applying digital technology is no longer an option but an inevitable path.
Resolution 41-NQ/TW of the Politburo, issued on October 10, 2023, focuses on building and promoting the role of Vietnamese entrepreneurs in the new era. It calls on enterprises to take action and inspire them to embrace innovation, creativity, and bold thinking.
The Resolution demonstrates the determination of the Party and State in promoting national digital transformation, enabling Vietnamese enterprises to make breakthrough development in the digital age and reach a new height in the Fourth Industrial Revolution.
A key highlight of Resolution 41 and Resolution No. 66/NQ-CP (Action Programme to implement Resolution 41) is the leadership role of grassroots Party organisations within enterprises.
Nguyen Doan Thang, Secretary of the Party Committee and General Director of Rang Dong Light Source and Vacuum Flask Joint Stock Company, shared the company’s five-year journey in digital transformation.
He said under the leadership of the company’s Party Committee, Rang Dong has stepped out of its comfort zone, shifting from scale-based competition to value-based competition, while leveraging digital technology to optimise production capacity and enhance growth quality.
As a result, the company’s growth has increased to 15%-20% over the past five years, compared to 8%-10% previously. The company set a revenue target of 11 trillion VND (nearly 435 million USD) for 2024, 13.75 trillion VND (over 543 million USD) for 2025, and 25 trillion VND (about 988 million USD) for 2030.
Pham Ngoc Son, Chairman of the Board of Directors of FaceNet High Technology and Software Services Joint Stock Company, underlined the vital role of the Party organisation in the company in driving digital transformation.
He shared that FaceNet is currently providing AI solutions for domestic banks and manufacturing companies, as well as selling technology solutions to German partners in the healthcare sector. This shows the potential of Vietnamese technology enterprises in this field.
However, he pointed out that many Vietnamese technology firms are still young, so it is crucial to foster cooperation and build a collaborative ecosystem.
Bui Anh Tuan, Deputy Director of the Centre for Information Technology Solutions and Digital Services at Viettel Group, also emphasised the importance of collaboration among domestic enterprises, particularly in the high-tech sector, to ensure autonomy and reduce dependence on foreign countries.
A report on the digital transformation support programme for enterprises in the 2021-2025 period by the Department of Enterprise Development under the Ministry of Planning and Investment, shows that Vietnamese businesses have recognised the importance of digital transformation.
However, there are still limitations in standardising processes, operational policies, data collection, storage and analysis capabilities, infrastructure connectivity, information technology systems, and investment resources.
This has resulted in a low level of readiness for digital transformation in various aspects of the supply chain and information management systems.
Therefore, it is necessary to devise support policies and consultation on digital transformation roadmaps, especially for small and medium-sized enterprises./.
