International experts advise Hanoi on green growth
Participation of private sector encouraged
According to Max Lua - CEO of Singapore Contec Company, Vietnam is one of the fastest growing countries in Southeast Asia in the past seven to eight years. Vietnam has a good infrastructure system for smart urban development, on which it has become a destination for foreign investment over the past five years.
Vietnam has a good infrastructure system for smart urban development |
“We can see a rapid and constant change in Vietnam. Smart infrastructure works such as urban railway projects have been constructed synchronously, contributing to connecting people and businesses.
To realize the goal of smart cities, Vietnam needs to focus on strengthening financial and logistics activities, as they are key factors in socio-economic development and foreign investment attraction. As long as Vietnam still holds advantages in finance and logistics, you will soon surpass other countries in the region.
Technology products and solutions, especially 5G technology, will play a decisive role in building smart cities, especially in big cities like Hanoi and Ho Chi Minh City.
Kok Chin Tay - President of Smart Cities Network - said that, to build a smart city, building a data system is very important because this is a factor that supports state agencies to operate and make better decisions, identify and respond to requests of citizens.
Investors in Singapore have done many investment projects in Vietnam. They know that the Vietnamese government is taking the right steps. “With a population of nearly 100 million, Vietnam needs to encourage innovation and improve the quality of the Public-Private Partnership (PPP) model. I hope that the government will build a model to encourage the participation of the private sector in smart city development,” Kok Chin Tay recommended.
Perspective view of the North Hanoi smart city project |
Smart use of financial resources
As for digital transformation, Kapil Chaudhery, Director of Spatial Decision Vietnam, said digital transformation should be carried out in turn in each area of the city, which will help residents participate more in the process of building smart urban areas.
Spatial Decision Vietnam is running a community project called Sponge Gardens in major cities of India. Actually, Spatial Decision Vietnam hopes Hanoi will have similar projects so that the local residents can have private, green, natural spaces in a smart city. This will be the foundation for further breakthroughs in the future.
The concept of “Smart cities” is illustrated by the smart use of financial and environmental resources, as well as by good communication between people instead of just technology and techniques. If people feel happy with their quality of life, this will improve labor productivity and increasingly raise the living standard.
“Previously, we planned to launch smart urban projects in three major cities of Vietnam. However, the projects were delayed due to financial problems and the COVID-19 pandemic. We will restart these projects and call for the participation of private investors. We expect that projects implemented in the PPP model will start soon and contribute to building a smart city in Hanoi,” Kapil Chaudhery shared.
See also
Hà Nội needs more than $55 billlion for urban railway network
06:00 | 11/05/2024 Metropolis
Hà Nội to build overall plan for surveillance camera installation
09:40 | 04/03/2024 Metropolis
Hà Nội allows West Lake to operate water sports and leisure services
15:31 | 01/03/2024 Metropolis
Hanoi’s socioeconomic highlights in 2023
14:00 | 14/01/2024 Metropolis
See more news
ITS one of key pillars in Hanoi smart city orientation
06:00 | 16/12/2023 Metropolis
Hanoi facilitates investment in Hoa Lac Hi-Tech Park
06:00 | 05/12/2023 Metropolis
Hanoi launches new bus city tour for sightseeing experience
11:27 | 21/11/2023 Metropolis
Hanoi to disburse over 95 percent of public investment in 2023
06:00 | 21/11/2023 Metropolis
Hanoi further supports innovative startups
14:00 | 12/11/2023 Metropolis
Hanoi to become a city worth living in
06:00 | 08/11/2023 Metropolis
Hà Nội adjusts general planning with two satellite urban areas
10:07 | 07/11/2023 Metropolis
Hà Nội advised to deploy solutions to become national and regional logistics hub
06:00 | 04/11/2023 Metropolis
Hà Nội to build five bridges to develop urban areas along Hồng River
09:00 | 01/11/2023 Metropolis
Hà Nội to invest over $2.66b to build urban metro line No5
06:00 | 05/10/2023 Metropolis
Leaders pay tribute to President Ho Chi Minh to mark his 134th birthday
10:05 | 19/05/2024 News and Events
Hà Nội Metro announces profit from the Cát Linh–Hà Đông metro line
10:00 | 19/05/2024 Economy
Cement makers call for scraping of clinker export tax
09:00 | 19/05/2024 Economy
Tourism sector goes green for sustainable development
08:22 | 19/05/2024 Tourism
Digital transformation in logistics - a key to unlocking sustainable e-commerce and economic development
07:00 | 19/05/2024 Economy
Multimedia
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism
The Anam Cam Ranh named among Vietnam’s best family hotels
06:00 | 11/05/2024 Vietnamese Brands
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
Tax, land rent payment deadlines to be extended this year
06:00 | 19/05/2024 Policy
Ministry proposes tax filing deadline extension for 2024
06:00 | 17/05/2024 Policy
Viet Nam targets to have 2 million enterprises by 2030
07:00 | 15/05/2024 Policy
Law on Telecommunications hoped to promote development of new telecoms services
06:00 | 13/05/2024 Policy
Energy giants plan for national power plan
06:00 | 18/05/2024 Energy
Vietnam charts vision for sustainable, modern fisheries
06:00 | 16/05/2024 Industry
Vietnam should seize opportunity to join global semiconductor supply chain
08:00 | 15/05/2024 Industry
Việt Nam's wood industry strives to match sustainable wood demands
07:00 | 14/05/2024 Industry
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen
07:10 | 18/05/2024 FDI
Desk established in Dong Nai to support Japanese investors
09:02 | 16/05/2024 Investment
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
New wave of Chinese investment
06:00 | 12/05/2024 FDI
Banks raise interest rates to attract depositors
16:47 | 17/05/2024 Finance-Banking
Credit access obstacles lifted for collective economic entities
06:00 | 16/05/2024 Finance-Banking
Government urged to narrow domestic, global gold price gap
08:36 | 15/05/2024 Finance-Banking
Biometric verification ensures safer money transfers
17:23 | 13/05/2024 Finance-Banking
First provincial biodiversity museum launched in Quảng Nam
06:00 | 19/05/2024 Environment
Enhancing informal sector’s role in EPR implementation
06:00 | 18/05/2024 Environment
Centre opened to serve environmental data integration, monitoring network operation
06:00 | 16/05/2024 Environment
Capacity building for policy makers, large emitters on ETS and carbon market
08:48 | 15/05/2024 Environment
Semiconductor investment prioritized
06:29 | 17/05/2024 Science - Technology
Full cyber stream ahead Bắc Giang focuses on digital society development
06:00 | 11/05/2024 Science - Technology
35 localities piloting four-wheel EVs for tourists, despite no official legal regulations
07:00 | 09/05/2024 Science - Technology
2024 VinFuture Prize records 1,469 nominations
06:00 | 07/05/2024 Science - Technology
HCM City to complete 183km of metro routes by 2035
06:00 | 17/05/2024 Society
Railway sector gets creative to attract passengers
07:00 | 15/05/2024 Society
Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched
07:00 | 14/05/2024 Society
Central Highlands to become renewable energy hub
08:58 | 13/05/2024 Society
Vietnamese agricultural products to take part in Foodservice Australia 2024
15:08 | 17/05/2024 Vietnamese Brands
PV GAS launches Month of Workers
10:22 | 16/05/2024 Companies
National Brand Program promotes prestigious Vietnam
13:09 | 15/05/2024 Vietnamese Brands
Largest made-in-Vietnam bulk carrier launched
17:07 | 13/05/2024 Vietnamese Brands
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
European Literary Days focuses on gender
06:00 | 09/05/2024 Lifestyle
Tourism sector goes green for sustainable development
08:22 | 19/05/2024 Tourism
Vietnamese tourism information centre opened in India
08:00 | 18/05/2024 Tourism
Mysterious 'floating' lake discovered in Quảng Bình
16:54 | 13/05/2024 Tourism
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism