Digital Transformation

What is digital transformation?

Digital transformation is the process of overall and comprehensive change of individuals and organizations in terms of lifestyle, way of working and production methods based on digital technologies.

Why is digital transformation necessary?

Digital transformation not only helps increase productivity and reduce costs, but also opens up new development spaces, creating new values in addition to traditional values.

What is national number conversion?

National digital transformation includes 3 main components, respectively, digital transformation in the activities of state agencies to develop digital government, digital transformation in business activities to develop the digital economy, digital transformation in people's activities to develop a digital society.

Why does Vietnam need digital transformation?

Digital transformation opens up unprecedented opportunities for Vietnam. Digital government helps the Government operate more efficiently, effectively, more transparently, and reduce corruption. The digital economy promotes innovation, creates new value, helps increase labor productivity, creates new growth drivers, and escapes the middle-income trap. The digital society helps people have equal opportunities to access services, training, knowledge, narrow the development gap, and reduce inequality. Industries and fields are optimized and intelligentized towards improving the experience and quality of life of people.

Does Vietnam have a chance to digitally transform?

Digital transformation opens up opportunities for all countries. Developing countries can even take advantage of the opportunity to transform digitally faster. This is an opportunity for Vietnam to rise and change the national ranking. Vietnam's advantage is that under the leadership of the Party, Vietnam can have major policies quickly and focusedly.

Digital transformation is a comprehensive and comprehensive change, from the Government, to each business, each organization, each citizen, in all fields. The culture of Vietnamese people is to adapt quickly to the new, eager to learn the new, and be creative in applying the new. Vietnam is a country with a long tradition of successfully implementing national revolutions.

If we keep lagging behind in the new, we will forever be the ones who are behind, never changing the national ranking. Only by being at the forefront of the new will we have the opportunity to break through and rise to become a developed country.

Digital transformation, Vietnam and other countries are the same. There is also not much experience to learn. Developed countries are often not enthusiastic about the new because they are stable in the old. Only those who are struggling are enthusiastic about the new.

Why is digital transformation a great opportunity?

Digital transformation is our invaluable opportunity. Digital transformation is also a great opportunity for us in the next few decades. Breakthroughs in digital technology have been conceived for decades, only a few years have been popular for a few years and only once in many decades.

If we don't move forward when others advance, we fall behind. If we miss this opportunity, we will fall behind other countries even further, because the first to win is the one who takes it all.

Why do businesses need digital transformation?

Because, the market is always changing, consumer behavior is always changing, there is always a new class of users, new needs, and new experiences.

Why do individuals need digital transformation?

Life is constantly moving and changing. Everyone also needs to constantly learn, change, adapt, otherwise they will be left behind.

Why say digital transformation or death?

In Earth's million-year history, mass extinctions and the subsequent formation of species occurred naturally, due to the variable factors being changes in climate or living conditions. Likewise, a series of businesses went bankrupt in the early decades of the 21st century.

Between 2000 and now, 52 percent of Fortune businesses have been acquired, merged, or bankrupt. It is estimated that 40% of businesses that exist today will close in the next 10 years. The main root cause is the slow or failure in digital transformation.

Whoever successfully transforms from the real environment to the digital environment, he or she will survive. Failure to convert, failure to convert in time will be replaced and eliminated. Therefore, digital transformation or death.

Whose business is digital transformation?

Digital transformation is a process of overall and comprehensive change. For an organization, because it is a change, it is first of all the work of the leader, of the head, because otherwise no one dares to do it and can do it. Because it is holistic and comprehensive, it is the job of all members of the organization.

Who is a digital transformation leader?

A digital transformation leader is the head of the organization, has a vision, establishes a mission for the organization, believes that digital technology, digital transformation helps solve the painful problems of his organization and is consistent with the set goals. Digital transformation leaders do not necessarily need to understand digital technology. The most important thing for a leader is to know how to pose a problem. A digital transformation leader is a person who has the desire to change, who dares to accept the new and dare to give the new a chance.

Who are the participants in digital transformation?

Every member of the organization participates. But it can be broadly classified into two types of members. One type of participation strictly and complying with directions, orientations and regulations. A kind of involved coping and always looking for reasons not to change. Therefore, digital transformation leaders need to be consistent.

Digital transformation a matter unique to digital technology businesses?

No, it is not. Digital transformation is a common story of all businesses, regardless of industry or profession. Digital transformation is the playground of all businesses where anyone who is quick enough can seize the opportunity. Digital technology businesses are only a small part, who create digital technology or consult on digital technology applications. Other businesses that use digital technology to carry out digital transformation are the majority and the most important part.

What types of digital technology businesses are there?

The National Digital Transformation Program determines to focus on promoting the development of four types of digital technology enterprises.

Large commercial and service corporations in the socio-economic fields have shifted their activities to the field of digital technology, investing in core technology research.

Information technology enterprises have affirmed their brands to undertake pioneering missions in research, development, mastery of digital technology and proactive production.

Consulting businesses apply digital technology to create new products and services in socio-economic sectors and fields.

Startups are innovative and creative in digital technology.

Why is it said that digital transformation is a revolution for all people?

In the context of the Fourth Industrial Revolution, digital technology is not the most important issue, but the participation of the whole political system, synchronous action at all levels and the participation of the whole people is the factor that ensures the success of digital transformation. changes in national rankings.

After all, digital transformation is to serve the people. Every citizen becomes a digital citizen, digital transformation is successful. Therefore, digital transformation has the meaning of a national revolution.