Solutions to promote digital transformation of construction industry in Vietnam

The 4th industrial revolution is taking place worldwide and has a strong impact on economic, cultural, and social activities. In recent times, digital transformation has become the top concern for businesses in Vietnam in the Industrial Revolution 4.0. According to the National Digital Transformatio...

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Main Authors: Nguyen Thi Tuyet Dung, Hoang Thi Hang Nga, Nguyen Thu Huong
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Subjects:
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/94/e3sconf_fci2023_02029.pdf
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author Nguyen Thi Tuyet Dung
Hoang Thi Hang Nga
Nguyen Thu Huong
author_facet Nguyen Thi Tuyet Dung
Hoang Thi Hang Nga
Nguyen Thu Huong
author_sort Nguyen Thi Tuyet Dung
collection DOAJ
description The 4th industrial revolution is taking place worldwide and has a strong impact on economic, cultural, and social activities. In recent times, digital transformation has become the top concern for businesses in Vietnam in the Industrial Revolution 4.0. According to the National Digital Transformation Program to 2025, with the Prime Minister’s 2030 orientation, the digital economy aims to achieve 20% of GDP by 2050 and 30% of GDP by 2030. In the construction sector, construction accounts for 30-40% of the total social investment capital, which contributes to increasing productivity, increasing the competitiveness of construction products, and is an important resource contributing to national economic development. For construction enterprises, this contributes to improving their competitiveness. Guidelines and policies of the Government and the Ministry of Construction are available, but digital transformation in the construction industry is still slow. The article analyzes the achieved results as well as difficulties and challenges, thereby proposing solutions to promote the digital transformation of the construction industry.
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spelling doaj.art-1fabd68a15a04a479df9709018b92c062024-01-26T10:35:45ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014570202910.1051/e3sconf/202345702029e3sconf_fci2023_02029Solutions to promote digital transformation of construction industry in VietnamNguyen Thi Tuyet Dung0Hoang Thi Hang Nga1Nguyen Thu Huong2Ha Noi Architechtural University, Faculty of Urban ManagementHa Noi Architechtural University, Faculty of Urban ManagementHa Noi Architechtural University, Faculty of Urban ManagementThe 4th industrial revolution is taking place worldwide and has a strong impact on economic, cultural, and social activities. In recent times, digital transformation has become the top concern for businesses in Vietnam in the Industrial Revolution 4.0. According to the National Digital Transformation Program to 2025, with the Prime Minister’s 2030 orientation, the digital economy aims to achieve 20% of GDP by 2050 and 30% of GDP by 2030. In the construction sector, construction accounts for 30-40% of the total social investment capital, which contributes to increasing productivity, increasing the competitiveness of construction products, and is an important resource contributing to national economic development. For construction enterprises, this contributes to improving their competitiveness. Guidelines and policies of the Government and the Ministry of Construction are available, but digital transformation in the construction industry is still slow. The article analyzes the achieved results as well as difficulties and challenges, thereby proposing solutions to promote the digital transformation of the construction industry.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/94/e3sconf_fci2023_02029.pdfdigital transformationconstruction industryindustrial revolution
spellingShingle Nguyen Thi Tuyet Dung
Hoang Thi Hang Nga
Nguyen Thu Huong
Solutions to promote digital transformation of construction industry in Vietnam
E3S Web of Conferences
digital transformation
construction industry
industrial revolution
title Solutions to promote digital transformation of construction industry in Vietnam
title_full Solutions to promote digital transformation of construction industry in Vietnam
title_fullStr Solutions to promote digital transformation of construction industry in Vietnam
title_full_unstemmed Solutions to promote digital transformation of construction industry in Vietnam
title_short Solutions to promote digital transformation of construction industry in Vietnam
title_sort solutions to promote digital transformation of construction industry in vietnam
topic digital transformation
construction industry
industrial revolution
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/94/e3sconf_fci2023_02029.pdf
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