At a recent APEC workshop in Hanoi, Vietnam and other member economies emphasized the importance of bolstering cooperation to help micro, small, and medium-sized enterprises (MSMEs) embrace digital transformation and artificial intelligence (AI). This initiative aims to enhance the productivity and competitiveness of these enterprises. Vietnamese officials underscored the significance of supporting MSMEs through technology transfer, the development of digital skills, and innovation.
The workshop, which convened representatives from APEC economies, international organizations, and leading technology companies, focused on discussions surrounding AI adoption, digital infrastructure, access to finance, and bridging the digital divide. Participants worked together to address key challenges and opportunities in these areas, aiming to foster a more inclusive and digitally advanced economic environment across the region.
As Vietnam prepares to host APEC in 2027, the workshop served as a significant step in formulating policy recommendations that encourage responsible use of AI and the strengthening of regional digital economic cooperation. The collaboration seeks to ensure that MSMEs can effectively harness the potential of AI and digital technologies to thrive in a rapidly evolving global market.
This initiative reflects a broader commitment among APEC members to enhance digital transformation efforts, with a particular focus on empowering smaller enterprises. By sharing insights and strategies, the workshop participants aim to create a supportive ecosystem that enables MSMEs to navigate the complexities of digitalization and remain competitive on the international stage.