IMPACT OF DIGITAL TRANSFORMATION ON VIETNAM’S INDUSTRIAL SECTOR IN RECENT YEARS

Abstract

Digital transformation originated in industry, manufacturing activities
has provided an important platform for learning and skill development, innovation, and
associated with researches, development and application of digital platform into production.
Digital transformation has led to positive changes in the industrial sector. Applying digital
transformation in the activities of enterpriese, especially manufacturing enterprises to
create new production models is the core content of Industry 4.0. This article will present
the characteristics of digital transformation and its impact on changes in the industrial
sector. Such changes include: changing production models and methods, being the engine
of industrial growth and total factor productivity (TFP), and the output multiplier effect for
industries and the extent of their spread to other industries.