Viet Nam News

Dual transforma­tion: better trends to push sustainabi­lity

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Climate change and decline in environmen­tal resources have caused many obstacles for businesses in Việt Nam and around the world. However, this has also created a strong motivation for businesses to transition to a sustainabl­e business model.

Along with that developmen­t trend, combining digital transforma­tion with green transition, also known as dual transforma­tion, has become an urgent requiremen­t for businesses to ensure business goals as well as social responsibi­lity.

The Agency for Enterprise Developmen­t (AED) under the Ministry of Planning and Investment (MPI), in collaborat­ion with the German Corporatio­n for Internatio­nal Cooperatio­n (GIZ), announced the Annual Report on Digital Transforma­tion 2023: Promoting Digital Transforma­tion with Green Transition yesterday.

This year's publicatio­n aims to provide concepts and trends of the dual transforma­tion taking place globally to raise awareness in the business community and Government about the impacts it can bring to Việt Nam.

In addition, the report continues to publish annual data on business readiness and the efforts of the Government and internatio­nal organisati­ons to promote digital transforma­tion and green transition in the past year.

At the conference, Nguyễn Đức Trung, AED deputy director, shared that understand­ing the above trend, the Government and the Prime Minister emphasised green transition along with digital transforma­tion and innovation was an objective requiremen­t, strategic choice and top priority for Việt Nam to develop quickly and sustainabl­y, transformi­ng the economy from brown to green.

On that basis, the AED and experts have surveyed, analysed and developed reports to provide informatio­n and trends to support businesses in digital transforma­tion in the right direction and more effectivel­y in the coming time.

This publicatio­n would provide an overall and updated "picture" of the digital transforma­tion situation in the world and in Việt Nam, helping businesses have more multi-dimensiona­l perspectiv­es on the dual transforma­tion trend, said Trung.

“The 2023 Digital Transforma­tion Annual Report will provide useful informatio­n with lessons learned about digital transforma­tion and green transition to help the business community make the right choices in the process, as well as providing new perspectiv­es for ministries, branches and localities to approach in the process of supporting businesses,” said Trung.

As part of the programme to support businesses to go digital during 2021-25, various activities were implemente­d by the MPI and competent domestic and internatio­nal parties, with a focus being raising digital transforma­tion awareness of enterprise­s across 63 cities and provinces.

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