Da Nang city in central Vietnam has announced that its smart city project is going to contribute towards socio-economic development of the city and will usher in an era of technology-based city management.
Speaking at the Smart City Summit 2019 held in Da Nang, the city’s Chairman, Huynh Duc Tho, said that a smart city development plan for 2018-2025 has already been approved and is expected to be completed around 2030. He added that the Summit is a good opportunity for the city’s agencies and domestic and foreign experts to discuss the models, solutions, technologies, and policies to successfully build a smart city.
As per reports, in addition to Da Nang’s development plan, the participants at the summit spoke about public-private partnerships in smart city building, smart city trends in Association of Southeast Asian Nations (ASEAN), Malaysia’s experience in smart city building, and core components of building, developing, and operating a smart city.
The Smart City Summit 2019 was jointly held by the Da Nang government and the Vietnam Software and IT Services Association (VINASA), with the participation of the ASEAN Chief Information Officer Association and the Asian-Oceanian Computing Industry Organisation (ASOCIO).
The Da Nang government and VINASA also co-organised the ‘Japan Information and Communication Technology (ICT) Day 2019,’ a two-day event in which Vietnamese and Japanese firms exchanged their experiences in new technologies.
According to reports, Japan has initiated 177 projects worth more than USD 800 million in Da Nang, making it the biggest foreign investor in the city; around 25 percent of the total foreign direct investment (FDI) in Da Nang comes from Japan. Also, Japan is the biggest software export market of IT firms in Da Nang, accounting for more than 36 percent of the market share.
Da Nang is the IT centre of central Vietnam, with 93 percent out of over 3,800 businesses operating in the software and IT sector. Also, around 38 universities and vocational colleges in the city offer IT training courses and recruit about 3,500 students each year.
It has been reported that 70 percent of Japanese firms operating in Vietnam are planning to expand business in Vietnam and Southeast Asia.