With smart cities being among the advances in Vietnam, domestic and foreign investors are venturing further into new projects to benefit from future growth potential, with new initiatives being in the gun barrel.
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.
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 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.
Ecological urban areas will help satisfy the needs for green living for new generations of residents.