Abstract

Agriculture is one of the eight important economic sectors identified by the Government of Vietnam as requiring digital transformation in accordance with Decision 749/QD-TTg dated June 3, 2020, as an integral component of the digital economy development strategy in the context of globalization. Coffee is an agricultural product that has high economic value and is a key export product with an annual export turnover exceeding US$3 billion for the Vietnamese economy. Entities involved in the coffee industry, namely farmers, coffee businesses and government, are key players in the digital transformation process. Each entity has different resources in terms of capital, technology, labor levels and production and business goals, but between them there are always intermediate levels, closely linked by economic interests in the development of the coffee industry. To realize the digital transformation of the Vietnamese coffee industry, it is necessary to identify the factors influencing the implementation process. Therefore, the purpose of this study is to analyze the relationship between the main structural levels of the system under study, the resources and goals of the participants, and the intermediate levels in the global economic system to identify the factors influencing the digital transformation of the Vietnamese coffee industry. The results of the study show that in order for the Vietnamese coffee industry to continue to develop and be able to realize digital transformation, it is necessary to focus on the nano-level of the economy and make special demands on the degree of coherence and goals of economic and social policies at all levels of government. Significant barriers to digitalization for farmers need to be addressed through the effective implementation of policies to support concessional loans for the purchase of machinery and technologies for coffee production. To effectively apply digital technologies in production, it is necessary to have a sufficiently large area of ​​land and to encourage farmers to cooperate. Policies should be formulated to encourage the development of agricultural cooperative models to expand coffee plantation area in line with high-tech applications, large enterprises should strengthen their connections and provide more support to coffee farmers to create a sustainable source of high-quality raw materials.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call