Vietnam, alongside other Asia-Pacific Economic Cooperation (APEC) member economies, is intensifying efforts to bolster collaboration aimed at helping micro, small, and medium-sized enterprises (MSMEs) expedite their digital transformation and integrate artificial intelligence (AI) to enhance productivity and competitiveness. This initiative was a focal point during a recent APEC workshop held in Hanoi, where Vietnamese officials underscored the critical need for technology transfer, digital skills development, and fostering innovation to support MSMEs.
The workshop convened a diverse group of participants, including representatives from APEC economies, international organizations, and leading technology companies. The discussions centered on key themes such as AI adoption, the development of digital infrastructure, improving access to finance, and bridging the digital divide. These elements are considered essential in helping smaller enterprises leverage technology to compete effectively in the rapidly evolving digital economy.
As part of its strategic agenda, Vietnam is actively preparing to host APEC in 2027. The workshop serves as a stepping stone towards that goal, with participants working on formulating policy recommendations that advocate for the responsible use of AI and strengthening digital economic cooperation across the region. Such policies aim to create a more inclusive digital environment that empowers smaller businesses to thrive.
By focusing on digital transformation and AI adoption, Vietnam and its APEC partners aim to provide MSMEs with the tools necessary to overcome challenges and seize new opportunities in the digital age. The commitment to fostering innovation and building robust digital infrastructures highlights the region’s dedication to ensuring that enterprises of all sizes can contribute to and benefit from the global digital economy.