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Vietnam and APEC Propel MSMEs’ Digital Shift in the AI Age

by admin477351

Vietnam, alongside other member economies of the Asia-Pacific Economic Cooperation (APEC), is intensifying efforts to support micro, small, and medium-sized enterprises (MSMEs) in embracing digital transformation and utilizing artificial intelligence (AI) to boost their productivity and competitiveness. This initiative was underscored during a recent APEC workshop held in Hanoi, where Vietnamese officials emphasized the critical role of technology transfer, the development of digital skills, and fostering innovation for MSMEs.

The Hanoi event gathered a diverse group of participants, including representatives from various APEC economies, international organizations, and leading technology companies. The discussions focused on the adoption of AI, the development of digital infrastructure, securing access to finance, and addressing the digital divide. These themes are central to helping MSMEs navigate the evolving digital landscape effectively.

As Vietnam prepares to host the APEC summit in 2027, this workshop is a significant step in laying the groundwork for policy recommendations aimed at promoting responsible AI usage and enhancing regional cooperation in the digital economy. Participants are expected to contribute ideas that will shape future strategies and policies to support the digital transformation of MSMEs across the region.

By prioritizing digital skills and innovation, Vietnam and its APEC partners aim to ensure that MSMEs can keep pace with technological advancements and remain competitive in the global market. The emphasis on cooperation reflects a shared recognition of the importance of digital transformation in driving economic growth and closing gaps in digital access among member economies.

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