INNOVATIONS OF VIETNAMESE PROCESSING AND MANUFACTURING ENTERPRISES IN THE CURRENT CONTEXT

Authors

  • Nguyen Thi Trang Economics Department, Hanoi University of Business and Technology (HUBT), Vietnam
  • Dang Thi Lan The Faculty of Accounting and Auditing, Banking Academy of Vietnam

DOI:

https://doi.org/10.51594/ijae.v4i5.327

Abstract

New technologies create new ways of sourcing to meet the needs of previously traditional markets. The new demands for production and consumption and changing consumer expectations require businesses to change their production, business, design, marketing, and product distribution methods. With globalization taking place more and more strongly and the emergence of the 4.0 industrial revolution, innovation creates a competitive advantage for the country and businesses. In Vietnam, the processing and manufacturing industry has played an essential role in the economy's driving force. This article aims to assess the role and status of innovation for the survival and development of processing enterprises in the Covid–19 epidemic

Keywords: Innovation, Technology, Competition, Processing, Manufacturing Enterprises.

Published

2022-05-03

Issue

Section

Articles