Policies Supporting Business Digital Transformation in Vietnam: An Institutional Perspective

Tran Van Mong
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Tran Van Mong: Thu Dau Mot University, Ho Chi Minh City, Vietnam

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Abstract: This study analyzes policies supporting digital transformation for small and medium-sized enterprises (SMEs) in Vietnam from an institutional perspective, focusing on the process of converting policy resources into digital capabilities. The findings indicate a shift in policy from a generalized orientation toward differentiated designs, diversified instruments, and expanded support. However, bottlenecks persist regarding policy operationalization, the complementarity of support instruments, institutional coordination, implementation capacity, accessibility, and absorptive capacity. The study conceptualizes the "institutional transformation gap" as the diminished ability to convert policy resources into digital capabilities. Policy implications focus on tiered support, instrument integration, enhanced coordination, and the assessment of capability- related outcomes.

Keywords: digital capabilities; institutions; public policy; small and medium-sized enterprises (SMEs); Digital transformation (search for similar items in EconPapers)
Date: 2026-09-30
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Published in European Journal of Management, Economics and Business, 2026, 3 (5), pp.65-75. ⟨10.59324/ejmeb.2026.3(5).06⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05771235

DOI: 10.59324/ejmeb.2026.3(5).06

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