Abstract
This study presented an overview of the concept of digital transformation, the current digital transformation of Vietnamese businesses, and pointed out the opportunities and challenges for Vietnamese businesses during the digital transformation process. By reviewing previous studies and synthesizing digital transformation models, this study proposed a model of three groups of factors. The first group consists of the factors promoting digital transformation; the second group is the stages of digital transformation; and the last group consists of the strategic elements of digital transformation. This study is expected to help businesses improve their operational efficiency and enhance competitiveness in the market.
digital transformation
digital business
factors
process
digitization