‘Digital technology’ or ‘Industry 4.0 era’ are terms that have been frequently mentioned in recent years. While the world has strongly deployed digital technology, in Vietnam many enterprises are still struggling to sufficiently transform with the desire to remove traditional management methods and catch up with the world trend, that is, the Industry 4.0 era.

The need to keep up with the increasing demands of customers by transforming has led to a shift in managing each enterprise, which has posed a great challenge for business managers on the journey to find a sufficient governance model that aligns with core values for their own enterprise.

Within the scope of this article, the ethical issues associated with the corporate governance model in the process of operating an enterprise in the Industry 4.0 era and the challenges will be discussed.

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The article is based on laws applicable at the time noted as above and may no longer be appropriate at the time the reader approaches this article as the applicable laws and the specific cases that the reader may wish to apply may have changed. Therefore, the article is for referencing only.

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