Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021)

Laws on Supporting Digital Transformation of Small and Medium Sized Logistics Enterprises in Vietnam*

Authors
Nguyen Van LAM
Department of Management Science and Law, School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Viet Nam.
Corresponding author: lam.nguyenvan@hust.edu.vn
Corresponding Author
Nguyen Van LAM
Available Online 7 December 2021.
DOI
10.2991/aebmr.k.211119.055How to use a DOI?
Keywords
Logistics; Logistics SMEs; Digital transformation; Law on Digital Support
Abstract

Digital transformation in logistics enterprises is the process of integrating technology into business activities to optimize time, cost and to improve competitiveness. With the central position of the supply chain in logistics activities, the transformation of digital in logistics activities plays a crucial role to apply digital transformation throughout the economy. This article analyzes current situation of digital conversion of logistics in small and medium enterprises (L-SMEs) in Vietnam, evaluates and suggests solutions to complete legal regulations on digital support for logistics enterprises.

Research purpose:

This article analyzes current situation of digital conversion of logistics in small and medium enterprises (L-SMEs) in Vietnam, evaluates and suggests solutions to complete legal regulations on digital support for logistics enterprises.

Research motivation:

The policies and laws on supporting logistics enterprises are not concentrated but dispersed in too many documents; while the regulations do not cover issues arising in the process digital transformation in logistics and in L-SMEs today. Therefore, it needs to continue to be implemented in a more focused, targeted and substantive direction, closely following the needs of businesses in each field, in each type of business within the logistics service industry.

Research design, approach and method:

The article uses methods of systematization, analysis, interpretation, qualitative and quantitative methods,.. which are common methods in social science research and jurisprudence research to analyze the given content.

Main findings:

Reality shows that there are currently barriers in the process, such as: The notice and awareness of the urgency of digital switch for SME logistics; L-SMEs only use new information technology applications at a basic and disjointed level; Digital transformation exceeds the economic potential of logistics SMEs; Lack of infrastructure for digital transformation; Lack of highly qualified human resources to approach digital transformation; The risk of data and information leakage from businesses or customers; Many enterprises have concerns for legal risks; other barriers such as the latest information about digital technology, difficulties in changing traditional business practices, etc.

Practical/managerial implications:

Digital transformation is necessary for logistics activities, if firms want to survive the ever-changing market. Therefore, legislation to support digital transformation for L-SMEs has a profound impact on the efficiency of logistics service activities in Vietnam.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
7 December 2021
ISBN
10.2991/aebmr.k.211119.055
ISSN
2352-5428
DOI
10.2991/aebmr.k.211119.055How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Nguyen Van LAM
PY  - 2021
DA  - 2021/12/07
TI  - Laws on Supporting Digital Transformation of Small and Medium Sized Logistics Enterprises in Vietnam*
BT  - Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021)
PB  - Atlantis Press
SP  - 623
EP  - 630
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211119.055
DO  - 10.2991/aebmr.k.211119.055
ID  - LAM2021
ER  -