Transforming Business Operations with ERP Application – New Publication Out

Posted by Written by Vu Nguyen Hanh Reading Time: 3 minutes

‘Transforming Business Operations with ERP Application’, the latest publication from Vietnam Briefing and supported by Dezan Shira & Associates, is out now and available for free download through the Asia Briefing Publication Store.

What to expect in this publication

In recent years, digital transformation has rapidly expanded across various sectors in Vietnam as businesses aim to boost operational efficiency. This shift has spurred the adoption of ERP systems, which provide a centralized data platform for all business activities, facilitating automated workflows and informed strategic decision-making.

As the usage of ERP applications rises in the Asia-Pacific region, Vietnam’s market is swiftly evolving, with a projected market value of US$49.4 million in 2024 and an expected robust CAGR of 8.5 percent until 2030. Coupled with the country’s commitment to Industry 4.0, this trend is poised to further escalate the demand for ERP systems.

Successfully implementing an ERP system requires a thoughtful strategy to navigate various challenges and maximize the advantages these tools provide. Companies must efficiently manage costs while dedicating time and effort to training and aligning with the international standards these systems follow.

However, these challenges can be effectively addressed through the incorporation of emerging technologies such as cloud computing, artificial intelligence (AI), and the Internet of Things (IoT) into modern ERP systems.

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Moreover, the growing trend of industry-specific functionality in ERP applications now provides customized solutions for the distinct challenges faced by various sectors, including food and beverage (F&B), healthcare, retail, and manufacturing. It allows small and medium enterprises (SMEs) to leverage these innovative tools, enhancing their operations despite limited resources.

With the Transforming Business Operations with ERP Application magazine, we aspire to develop a comprehensive resource for executives, IT leaders, and entrepreneurs aiming to leverage ERP systems for sustained competitiveness and digital resilience. The magazine covers the essentials of ERP systems, spotlights the growth of Vietnam’s ERP market fueled by SME adoption and governmental support, and examines tailored ERP solutions for manufacturers to tackle industry-specific challenges.

Key contents

  • Chapter 1: Leveraging ERP for Operational Excellence in the Digital Age
  • Chapter 2: ERP Application Landscape in Vietnam
  • Chapter 3: Strategies for Successful ERP Implementation in Manufacturing SMEs in Vietnam

Chapter summaries

Chapter 1 explores the fundamentals of ERP systems, what they are, how they function, and why they are critical in today’s digital economy, while introducing the ERP trends that are reshaping industries globally.

Chapter 2 encompasses the robust growth of Vietnam’s ERP market, projected to reach US$81.32 million by 2030, driven by SME adoption, government incentives, and digital infrastructure improvements. This chapter provides an in-depth analysis of Vietnam’s ERP ecosystem.

Chapter 3 focuses on tailored ERP solutions for manufacturers, addressing challenges like cost control, supply chain disruptions, and quality management.

About Us

Vietnam Briefing is published by Asia Briefing, a subsidiary of Dezan Shira & Associates. We produce material for foreign investors throughout Asia, including ASEAN, China, and India. For editorial matters, contact us here and for a complimentary subscription to our products, please click here. For assistance with investments into Vietnam, please contact us at vietnam@dezshira.com or visit us at www.dezshira.com.

Dezan Shira & Associates assists foreign investors throughout Asia from offices across the world, including in Hanoi, Ho Chi Minh City, and Da Nang. We also maintain offices or have alliance partners assisting foreign investors in China, Hong Kong SAR, Dubai (UAE), Indonesia, Singapore, Philippines, Malaysia, Thailand, Bangladesh, Italy, Germany, the United States, and Australia.