Overcoming SME challenges in Digital Transformation Vietnamese
Studies reveal that over 40% of SMEs are uncertain about where to begin their digital transformation journey, more than 50% have yet to integrate AI and still rely on paper-based processes, and 12% struggle with regulatory compliance. Most critically, SMEs are the most frequent targets of cyberattacks, with 60% of small businesses forced to shut down within six months of an attack. These figures highlight that digital transformation is not just a trend but a vital necessity for survival.
Drawing on its experience supporting over 2,000 enterprises and a deep understanding of these challenges, VNETWORK has partnered with others to create a holistic digital transformation ecosystem. This ecosystem addresses barriers in finance, human resources, and technology, with VNETWORK fulfilling multiple roles, including: Strategic consultant; Provider of technical solutions; Research and development collaborator.
Under the terms of the agreement, VPBank will offer innovative financial solutions and banking services tailored for enterprises, while VNETWORK will deliver cutting-edge technology solutions, such as infrastructure, content delivery, cybersecurity, and AI. These solutions ensure secure, stable, and efficient business operations. Both parties will continuously update and refine their collaboration to meet real-world needs and align with market trends.
Leadership insights on the partnership
Mr. Chu Minh Tuan, Director of the Digital Products and Payment Solutions Center at VPBank, stated that the partnership with VNETWORK is a critical step in expanding the bank’s digital financial services, enhancing customer experiences, and supporting enterprises throughout their transformation journey.
Mr. Nguyen Van Tao, Chairman of VNETWORK, emphasized: “VNETWORK is dedicated to partnering with VPBank to support SMEs through three key pillars: digital transformation, green transition, and AI adoption. Participating businesses will receive comprehensive, tiered support, including strategic consultation, financial assistance, and tailored technology solutions. This approach enables enterprises to enhance competitiveness and achieve sustainable growth.”
VNETWORK’s Leadership in Cybersecurity and Digital Transformation
Established in 2013, VNETWORK is a premier cybersecurity and incident response center in Vietnam and the Asia-Pacific region. Over its 12-year journey, the company has focused on delivering a dual-transformation ecosystem to drive and secure the digital economy. As Vietnam enters a transformative era filled with opportunities and cybersecurity risks, VNETWORK stands out as one of the few enterprises recognized as a Science and Technology Enterprise. It holds international certifications such as ISO 27001 and ISO 20000-1 and has earned high acclaim and global recommendations from leading cybersecurity organizations, including Gartner, Rapid7, ITSCC, and ITU.
VNETWORK currently provides solutions to over 2,000 domestic and international clients across various industries, with notable partners such as TikTok, VTV, HSC, and Vietcap.
A clear testament to the value of VNETWORK’s ecosystem is its collaboration with ClickAI, an AI solution provider. Upon its launch, ClickAI achieved monthly growth rates of 30–50% but faced challenges related to speed and operational costs. After implementing VNETWORK’s comprehensive infrastructure and content delivery acceleration solutions, ClickAI experienced a staggering 1,000% performance increase and a 50% reduction in operating costs. This case demonstrates how digital infrastructure transformation supports sustainable growth and underscores the essential role of a robust transformation ecosystem.
Moving forward, VPBank and VNETWORK will continue to collaborate closely, leveraging their unique strengths to develop practical, high-value products and services for customers and the broader business community.
The partnership aims to foster a culture of digital and green transformation among SMEs, enabling businesses to access financial and technological resources more easily while receiving in-depth consultation and training to strengthen operational capabilities in the digital age.
Additionally, VPBank plans to introduce a preferential loan package worth up to VND 1,000 billion, providing favorable terms to businesses participating in the transformation ecosystem.