In a concerted effort to bolster micro, small, and medium-sized enterprises (MSMEs), Vietnam, alongside other APEC member economies, is focusing on enhancing digital transformation and the integration of artificial intelligence (AI) to boost productivity and competitiveness. This initiative was underscored during an APEC workshop held in Hanoi, where Vietnamese officials emphasized the pivotal role of technology transfer, digital skill enhancement, and innovation in supporting MSMEs.
The workshop gathered a diverse group of participants, including representatives from APEC member economies, international organizations, and leading technology firms. Discussions centered around the adoption of AI, the development of digital infrastructure, access to financial resources, and strategies to bridge the digital divide. These topics are critical as they align with Vietnam’s broader objectives of fostering a digitally inclusive economy.
This event also serves as a stepping stone in Vietnam’s ongoing preparations to host APEC in 2027. The workshop’s participants are expected to work collaboratively to develop policy recommendations that will encourage responsible AI usage and reinforce regional cooperation in the digital economy. These efforts aim to ensure that MSMEs can effectively leverage new technologies to remain competitive in an increasingly digital world.
By focusing on these key areas, APEC economies are not only addressing the immediate needs of MSMEs but also laying the groundwork for long-term economic resilience and growth. The collaboration among these nations highlights the shared commitment to navigating the challenges of digital transformation and ensuring that the benefits are widely distributed across the region.