Invoice Bazaar Blog

Vietnam witnesses 250% jump in SMEs participating in digital transformation

By Invoice Bazaar | November 1, 2022

The number of SMEs accessing the Vietnam government’s Small and Medium Enterprises Support Program for Digital Transformation (SMEdx) after the pandemic surged sharply to 490,000 enterprises last month from 190,000 enterprises in April, recording a growth of 250%. So, SMEdx has now reached 61% of the total number of SMEs nationwide. To enable SMEs to implement an effective digital transformation, the SMEdx program provides free-of-charge access for three to six months to SMEs with less than 50 employees. Furthermore, SMEs don’t have to invest in operations to use digital platforms but need to pay a monthly “subscription” amount, which is both secure and simple.

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