Page 207 - Ebook HTKH 2024

Moreover, integrating smart grid technologies into Vietnam’s energy
infrastructure can enhance energy efficiency, reduce waste, and provide businesses with

real-time data on their energy consumption.
4.3. Building human capital for digital and green transformation
A skilled workforce is essential for the successful implementation of dual
transformation. The government should prioritize the development of educational
programs and vocational training that focus on both digital technologies (e.g., AI, IoT,
data analytics) and green skills (e.g., energy management, sustainable production).
These programs should be integrated into university curricula and technical training
institutes to ensure that the next generation of workers is equipped with the necessary

skills to drive dual transformation (Pham, 2020).
Collaboration between industries and academic institutions can help bridge the
skills gap and promote innovation in both digital and green technologies. By fostering
partnerships with universities and research centers, businesses can benefit from cutting-
edge research, while academic institutions can align their programs with the needs of
the industry (Nguyen et al., 2022). This collaboration can be supported by government

grants for R&D projects focused on digital and sustainable innovation.
Many SMEs lack the capacity to provide formal training for their employees.
Government-supported training programs that offer on-the-job learning opportunities
for SMEs can help address this gap. These programs can include workshops, online
courses, and practical demonstrations on how to integrate digital tools and sustainable
practices into daily business operations (Nguyen & Pham, 2020).
4.4. Encouraging innovation and R&D

To drive innovation in both digital and green transformation, Vietnam should
establish innovation hubs and business incubators that focus on fostering new
technologies, start-ups, and sustainable solutions. These hubs can provide access to
funding, mentorship, and networking opportunities for entrepreneurs and innovators
working on dual transformation projects. By bringing together experts from various
fields, such hubs can become centers of innovation that accelerate the development and

commercialization of new technologies (Ismail et al., 2017). Vietnamese businesses
should be encouraged to invest in research and development (R&D) of clean
technologies such as energy-efficient production methods, waste recycling, and
sustainable packaging. Government-funded R&D initiatives, as well as tax incentives
for businesses investing in sustainable innovation, can stimulate the development of
environmentally friendly solutions that contribute to green transformation (Nguyen et
al., 2021). Additionally, digital solutions such as AI, IoT, and big data can be applied to
R&D processes to enhance the development of green technologies by optimizing

resource use and improving the efficiency of production systems.
4.5. Promoting awareness and collaboration
Many businesses, particularly SMEs, remain unaware of the potential benefits of
dual transformation in terms of cost savings, efficiency gains, and access to new
markets. The government and industry associations should launch awareness

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