Want to be in the loop?
subscribe to
our notification
Business News
DANANG ANNOUNCES SMART CITY PROJECT
Danang envisions transforming itself into a smart city in three stages with the total cost of about VND2.1 trillion ($91.3 million). Recently, the Danang People's Committee held a conference to announce the project of building a smart city in Danang in front about 200 experts, equipment suppliers, co-operation partners, and foreign partners.
At the seminar, Le Trung Chinh, Deputy Chairman of the Danang City People's Committee, shared about the plans to transform Danang into a smart city, the overall architecture plan of which was issued in January 2018.
"In the past 10 years, Danang City has been at the No.1 position in Vietnam ICT Information and Communication Technology Application Index. In particular, Danang achieved the highest score in IT application,” he said.
The framework of the overall smart city architecture has been approved by the Danang City People's Committee, identifying six pillars on the architecture framework of 17 aspects of ICT application, including: intelligent management; smart economy; smart traffic; intelligent environment; as well as smart life; and smart citizens.
The project is an important step towards the implementation of Politburo Resolution No.43-NQ/TW of 2019 on the construction and development of Danang by 2030, with vision to 2045. In particular, by 2030 Danang will have completed the construction of smart urban areas and smart urban networks in the country and the ASEAN region.
The Vietnam Association of Information Technology also handed over the certificate to the Danang People's Committee showing that the city lead the Vietnam ICT Index for the past 10 years (2009-2018). Simultaneously, the Danang Department of Information and Communications entered into a co-operation with partners for the construction of the smart city.
Three phases of building Danang into a smart city include:
Phase 1, from now until 2020, will implement smart infrastructure, platform, and data. The total implementation expense is VND939 billion ($40.8 million), including VND550 billion ($23.9 million) from public-private partnership (PPP) projects and VND46 billion ($2 million) in other means from the private sector.
Phase 2, from 2021 to 2025, will smarten up existing applications with a total cost of VND1.191 trillion ($51.8 million). In particular, PPP capital will account for VND700 billion ($30.4 million), ODA loans for VND150 billion ($6.5 million), and enterprises will invest VND36 billion ($1.56 million).
Phase 3, from 2026 to 2030, will deploy IT applications on the basis of activities in the previous period.
According to Nguyen Thanh Phuc, director of the Department of Computerisation under the Ministry of Information and Communications, “If Danang successfully builds a smart city, it will save VND1 trillion ($43.5 million) annually, as well as save 10-20 per cent of the resources it uses.”
Source: VIR
Related News
GRAND OPENING OF XENUS TECHNOLOGY INTERNATIONAL (VIETNAM) LIMITED
Xenus Technology International (Vietnam) Limited, a Hong Kong-based IT solutions provider with over a decade of experience, has officially established its Ho Chi Minh City office on 8 May 2026. Serving over 3,000 clients, Xenus brings Hong Kong technology expertise to Vietnam with end-to-end IT solutions across multi-cloud, cybersecurity, infrastructure, networking, and managed services.
TRAVEL UPDATE: CAMBODIA INTRODUCES TEMPORARY VISA-FREE ENTRY FOR PRC PASSPORT HOLDERS (INCLUDING HONG KONG AND MACAU)
According to the Ministry of Tourism of the Kingdom of Cambodia, holders of passports issued by the People's Republic of China (PRC), including Mainland China, Hong Kong, and Macau, will be eligible for temporary visa-free entry to Cambodia from 15 June to 15 October 2026. The temporary measure is expected to facilitate tourism, business travel, and people-to-people exchanges between Cambodia and Chinese-speaking markets, including Hong Kong and Macau.
TEE OFF & STAY AT HOIANA SHORES GOLF CLUB
Unlock exclusive golf and stay privileges reserved for member cardholders. Experience award-winning links golf, premium hospitality, and coastal relaxation with specially curated rates available for a limited time. Booking Period: 15 June – 30 September 2026. All supporting documents and payment details will be provided upon booking confirmation.
VIETNAM TARGETS 5,000 NEW AGRICULTURAL BUSINESSES BY 2031
Vietnam aims to support the establishment of at least 5,000 agricultural enterprises during the 2026-2031 period as part of efforts to build a digital agriculture sector and more sustainable value chains. The target was announced at the ninth National Congress of the Vietnam Farmers’ Union, which opened in Hanoi on June 8.
OUTSTANDING GREEN LOANS REACH VND828 TRILLION IN 2017-2025
Outstanding green loans in Vietnam have reached VND828 trillion, with 82 credit institutions now extending financing to environmentally sustainable projects. Growing at an average annual rate of more than 20% between 2017 and 2025, green credit has emerged as a key driver for mobilizing and allocating resources to support the country’s green transition and sustainable economic development.
HCMC TARGETS 181,000 NEW SOCIAL HOUSING UNITS BY 2030
HCMC plans to build more than 181,000 social housing units between 2026 and 2030, after completing nearly 17,900 units over the past five years, city officials said. Le Duc Anh, deputy head of the Housing and Real Estate Market Management Division under the city’s Department of Construction, said at a socio-economic press briefing in HCMC on June 4 that the city was stepping up efforts to expand social housing supply.
























