Factors affecting digital transformation in the cooperative sector: A study of Binh Duong province

Digital transformation in the collective economy and cooperatives is a key policy of the Party and the State, aimed at enhancing efficiency, flexibility, and resource optimization. Despite its potential to improve production methods, increase product value, and integrate cooperatives into value chains, significant barriers remain. This study uses factor exploration with a Likert scale to identify six key factors influencing digital transformation: leadership awareness, financial resources, labor force, technical expertise, and stakeholder influence. The findings lead to proposed solutions to improve digital transformation effectiveness in cooperatives.