The Impact of the Digital Economy on Sustainable Development: Case Studies in Small and Medium Enterprises in Hanoi

Vietnam has been continuously looking for fresh inspiration to thrive in recent years. Proactively pursuing digital and e-commerce potential for economic growth is one of the guiding principles. Businesses and the government now have a greater interest in digital due to the Covid-19 pandemic. Particularly for small and medium-sized businesses, which are constrained by internal capacity, low product and service competitiveness, trouble obtaining funding, and insufficient managerial expertise. In this context, the problem is that small and medium-sized enterprises, with their inherent flexibility, need to develop sustainably. The article uses secondary and primary data with 65 small and medium-sized enterprises in Hanoi to study the impact of the digital economy on sustainable development. The research results are the basis for the author to propose solutions to promote digital economic development to promote sustainable development in small and medium-sized enterprises in Hanoi.