Vietnam, along with other member economies of the Asia-Pacific Economic Cooperation (APEC), is intensifying efforts to boost the digital transformation of micro, small, and medium-sized enterprises (MSMEs). A significant focus is being placed on integrating artificial intelligence (AI) to enhance productivity and market competitiveness. This development was underscored at a recent APEC workshop held in Hanoi, where Vietnamese officials emphasized the crucial role of technology transfer, digital skills enhancement, and innovation in supporting these enterprises.
The workshop, which gathered representatives from APEC member economies, international organizations, and prominent technology firms, served as a platform to address key issues such as AI implementation, digital infrastructure development, and financial accessibility. The discussions also aimed to tackle the persistent challenge of bridging the digital divide, ensuring that MSMEs are not left behind in the fast-evolving digital economy.
This event is part of Vietnam’s strategic preparations for hosting APEC in 2027. As part of these preparations, participants are expected to draft policy recommendations that not only promote the responsible use of AI but also fortify regional cooperation in the digital economy. These recommendations are anticipated to serve as a roadmap for member economies to foster an environment conducive to digital growth and innovation.
The collective effort by APEC economies to support MSMEs highlights the increasing recognition of these enterprises as vital components of economic growth and stability. By equipping them with the necessary digital tools and knowledge, APEC aims to ensure that MSMEs can thrive in the rapidly changing global market, ultimately contributing to a more integrated and resilient regional economy.