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Digital Transformation Experiences of the World’s Top Countries: Experiences for Vietnam

In: The Vietnamese Economy and the Fourth Industrial Revolution

Author

Listed:
  • Nguyen Phong Nguyen
  • Dang Khoa Tran
  • Quoc Thy Pham

Abstract

Although Vietnamese digital platform businesses are making great efforts, they are under tremendous competitive pressure from foreign digital platforms, especially those operating across borders, and are facing competition right at their doorstep. Due to an incomplete legal corridor, we currently lack practical tools to fight monopoly, fight unfair competition, and protect Vietnamese businesses in cyberspace. We also lack legal tools to limit harmful forms of mergers and acquisitions, which can negatively impact the market. Besides, the digital economy market has not developed in the right direction. Creating and dedicating the domestic digital market, especially the Government digital market, so that Vietnamese businesses have the opportunity to train and grow to go global has not been implemented effectively.The policy of creating and prioritizing the domestic digital market, especially the government sector market, to serve as a foundation for Vietnamese businesses to mature before expanding globally, has not yet been implemented effectively

Suggested Citation

  • Nguyen Phong Nguyen & Dang Khoa Tran & Quoc Thy Pham, 2026. "Digital Transformation Experiences of the World’s Top Countries: Experiences for Vietnam," World Scientific Book Chapters, in: Dong Phong Nguyen & Dinh Thanh Su & Quang Hung Bui & Bich Nguyet Phan Thi & Viet Tien Ho & Nguyen Ph (ed.), The Vietnamese Economy and the Fourth Industrial Revolution, chapter 10, pages 249-267, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811262258_0010
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    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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