The invention discloses a side-mounted residual oil hydrogenation emulsification bed micro-interface enhanced reaction device and method. The device comprises a reactor body, at least one bubble breaker laterally arranged on the reactor body, a gas-liquid separator, a circulating pump and a heat exchanger. A gas material and a liquid material are firstly fed into the breakers, the gas is crushed into small micron-sized bubbles, the micron-sized bubbles are violently mixed with the liquid to form a gas-liquid emulsion, and the gas-liquid emulsion enters the reactor body. Due to the characteristics of low speed and difficult coalescence of the micro-bubbles, a gas-liquid emulsification bed reaction system is formed in the reactor body. After the reaction is completed, reaction materials enter the gas-liquid separator to separate gas and liquid, the material liquid is conveyed by the circulating pump and passes through the heat exchanger, one part of the material liquid is extracted, andthe other part of the material liquid enters the corresponding breaker to be used for bubble breaking. The device and the method disclosed by the invention have the advantages of low operation pressure, large gas-liquid mass transfer phase interface area, high apparent reaction speed, high gas utilization rate, low investment, low energy consumption, flexible process and the like.