Ho Chi Minh City, Hanoi, Da Nang, Nha Trang and Binh Duong are implementing administrative reforms to launch and speed up smart city projects to attract more foreign investors.

Da Nang has won the Smart City Award Vietnam 2021, the second time this central city has been honoured with this prize.

The Japanese government will set up a fund worth JPY250 billion ($2.4 billion) to support Japanese companies' "smart-city" projects and to help further decarbonisation measures in Vietnam and other Southeast Asian nations, reported the Nikkei Asia.

Vietnam is accelerating construction to support establishment of smart city projects combined with top-class technology to enhance both the country’s management and the economy.

Minister of Construction Pham Hong Ha chaired the 3rd conference of the ASEAN Smart Cities Network (ASCN) on July 17, in the form of a video conference.

Amid the ongoing Fourth Industrial Revolution, Vietnam is taking advantage of the ASEAN Smart Cities Network in order to formulate several policies on building smart cities and attracting deeper investment.

The Qualcomm Vietnam Innovation Challenge was launched at a webinar on March 12 to promote technology innovations among startups.

Amid the fourth industrial revolution (Industry 4.0) many property developers in Vietnam are seeking to adopt digital technology both for enterprise management and in their projects.

Smart city initiatives are already making their presence felt and proving the wisdom of such endeavors.

Digitalisation is promising to become an optimal tool for construction sites that is observed and managed by digital technologies in order to increase systemisation and efficiency.

With its vast potential of e-commerce development thanks to surging IT and wide smartphone coverage, Vietnam is trying to build its own digital economy fuelled by a hallmark strategy on Industry 4.0.

Domestic enterprises are embracing robotics and advanced technologies in their production lines to boost smart manufacturing activities, but there is a long road ahead for those wishing to keep up with the Fourth Industrial Revolution. 

Vietnam considers domestic private enterprises as an important driving force for the economy which is looking to become an integrated and modern one. 

Ecological urban areas will help satisfy the needs for green living for new generations of residents.

 VietNamNet Bridge – Information technology enterprises from the US will help Viet Nam develop smart cities, US Ambassador to Viet Nam Ted Osius said.

VietNamNet Bridge – Finland's Minister of Economic Affairs said yesterday that his country would help Viet Nam achieve ambitious targets for smart and green cities by providing assistance in sustainable urban planning,