Assess the Effect of Factors on the Digital Transformation Decision of Businesses in Vietnam
Downloads
The study examines the factors affecting the digital transformation decision of enterprises in Vietnam. Based on behavioral theoretical models and empirical studies on digital transformation, the research team collects and analyses data using Smart PLS software. The research results have shown five positive factors and one negative impact on the intention of enterprises to convert digitally in Vietnam. In addition, the research team conducts an additional assessment of the influence level of the factors through statistics that describe the average value of the element. The outcome of the analysis and evaluation is the foundation for proposing solutions to promote businesses in Vietnam to implement digital transformation
Downloads
Ajzen, I. (1991). The theory of planned behavior, organizational behavior, and human decision processes, 50, 179-211.
Anh, N.T.V, et al (2023). The factors affecting digital transformation in small and medium enterprises in Hanoi city. Uncertain Supply Chain Management, DOI: 10.5267/j.uscm.2023.6.019, Available Online, June 2023.
Anh, K.T, et.al (2022). Study of factors influencing the quality of digital transformation processes in Vietnamese commercial banks. Retrieved from https://tapchinganhang.gov.vn/nnghien-cuu-cac-nhan-to-anh-huong-toi-chat-luong-quy-trinh-chuyen-doi-so-tai-cac-ngan-hang-thuong-ma.htm
Anh, N.T.K (2022). Factors influencing enterprise digital transformation: Research model and scale. Retrieved from https://taichinhdoanhnghiep.net.vn/cac-nhan-to-anh-huong-den-chuyen-doi-so-doanh-nghiep-mo-hinh-nghien-cuu-va-thang-do-d33928.html, accessed on November 12, 2022.
ARC (2020). Leading the digital transformation process - A perspective on Vietnam.
Ministry of Planning and Investment (2019). Vietnam Business White Book 2019, Statistical Publishing House, Hanoi.
Ministry of Planning and Investment (2021). Digital transformation support program. Retrieved from http://digital.business.gov.vn, accessed on November 10, 2022.
Chen & Lu (2002). Enticing online consumers: An extended technology acceptance perspective, Information, and Management, 39, pp. 705-719.
Chi, D.M (2022). Factors influencing digital transformation implementation in enterprises in Ho Chi Minh City. Retrieved from https://tapchicongthuong.vn/bai-viet/cac-yeu-to-anh-huong-den-viec-thuc-hien-chuyen-doi-ky-thuat-so-tai-cac-doanh-nghiep-tren-dia-ban-thanh-pho-ho-chi-minh-89793.htm, accessed on November 10, 2022.
Congthuong.vn (2022). Small and medium enterprises participating in digital transformation experience strong growth. Retrieved from https://congthuong.vn/doanh-nghiep-nho-va-vua-tham-gia-chuyen-doi-so-co-su-tang-truong-manh-215702.html
David (1989). Perceived usefulness, perceived ease of use and user acceptance of information technology, MIS Quarterly, 13(3), 319-339.
Davis, F.D., Bagozzi, R.P., Warshaw, P.R. (1992). Extrinsic and intrinsic motivation to use computers in the workplace. Journal of Applied Social Psychology, 22(14), 11–32.
Fishbein and Ajzen (1975). Belief, attitude, intention, and behavior: An introduction to theory and research, Addison-Wesley, Reading, MA.
Moore G., Benbasat I. (1991). Development of an instrument to measure the perceptions of adopting information technology innovation, Information Systems Research, 2(3), 192-222.
Hùng, H. (2022). Hanoi allocates over 315 billion VND to support the digital transformation of small and medium enterprises. Retrieved from https://laodong.vn/doanh-nghiep-doanh-nhan/ha-noi-chi-hon-315-ti-dong-ho-tro-doanh-nghiep-vua-va-nho-chuyen-doi-so-1097618.ldo, accessed on October 10, 2022.
Hung, T.X (2020). Factors affecting the level of readiness for digital transformation in Vietnamese enterprises. Retrieved from https://tapchitaichinh.vn/tai-chinh-kinh-doanh/cac-yeu-to-tac-dong-den-muc-do-san-sang-chuyen-doi-so-tai-cac-doanh-nghiep-viet-nam-330754.html, accessed on July 15, 2022.
Huong, N.T.M, Sen, B.T (2021). Factors influencing the intention to implement digital transformation in small and medium enterprises in Hanoi. TNU Journal of Science and Technology, 226(18), 347-335.
Lan, P.Y (2022). Impact of corporate culture on the digital transformation of small and medium enterprises in Hanoi. Retrieved from https://tapchicongthuong.vn/bai-viet/tac-dong-cua-van-hoa-doanh-nghiep-toi-chuyen-doi-so-cua-cac-doanh-nghiep-nho-va-vua-tai-ha-noi-98949.htm, accessed on October 22, 2022.
Phuong, N.N.D, Truong, H.V (2022). Application of the Unified Theory of Acceptance and Use of Technology (UTAUT): A case study of document management software at the International University. HCMCOUJS-Economics and Business Management, 17(3), 103-120.
Quyet, C.B (2021). Exploring factors influencing successful digital transformation of Vietnamese enterprises. Retrieved from https://hvnh.edu.vn/tapchi/vi/thang-10-2021/chu-ba-quyet-nghien-cuu-kham-pha-cac-nhan-to-anh-huong-den-chuyen-doi-so-thanh-cong-cua-doanh-nghiep-o-viet-nam-566.html, accessed on August 15, 2022.
Quyet, N.Đ (2021). Current digital transformation in enterprises in Vietnam: Challenges to overcome. Retrieved from https://www.tapchicongsan.org.vn/web/guest/nghien-cu/-/2018/824511/chuyen-doi-so-trong-doanh-nghiep%C2%A0o-viet-nam-hien-nay--nhung-kho-khan-can-thao-go.aspx, accessed on April 3, 2022.
Taylor, S., Todd, P. (1995). Understanding information technology usage: A test of competing models, Information Systems Research, 6(2), 144–176.
Thao, N.K, Minh, L.T.H (2022). Exploring the digital transformation of Vietnamese enterprises in the import-export sector. TNU Journal of Economics and Business Research, 33(3), 42-58.
Thompson R., Higgins C., Howell J. (1991). Personal computing: Toward a conceptual model of utilization, MIS Quarterly, 15(1), 125-143.
Vietnam Government (2018). Detailed guidelines for some provisions of the Law on Support for Small and Medium-sized Enterprises, Decree No. 39/2018/NĐ-CP, March 11, 2018.
Viswanath Venkatesh, et al (2003). User acceptance of information technology: Toward a unified view, MIS Quarterly, 27(3), 425-478. DOI: 10.2307/30036540.
Copyright (c) 2023 Thanh Tung Hoang, Vu Tue Nhi
This work is licensed under a Creative Commons Attribution 4.0 International License.
