Vietnam, Japan firms partner in smart city building in Binh Duong
The VNTT Company, a subordinate business of the Becamex IDC Corp., based in southern Binh Duong province, and the NTT Vietnam Corporation, an affiliate company of the NTT Group of Japan, officially signed a business cooperation contract on June 19, a move towards partnership in smart city building in Vietnam.
The VNTT Company and NTT Vietnam Corporation sign a business cooperation contract in Binh Duong province on June 19 (Photo: VNA)
Binh Duong (VNA) – The VNTT Company, a subordinatebusiness of the Becamex IDC Corp., basedin southern Binh Duong province, and the NTT Vietnam Corporation, an affiliatecompany of the NTT Group of Japan, officially signed a business cooperationcontract on June 19, a move towards partnership in smart city building inVietnam.
VNTT, founded in 2008, currently owns one of thethree most modern and biggest data centres in Vietnam. Meanwhile, NTT is aleading telecommunications and IT company in Japan.
The newly signed contract covers businesscooperation in building, developing and operating cloud Wi-Fi networks andcloud-based value added services.
It is to materialise the memorandum of understanding signedby Becamex IDC and the NTT Group with the aim of cooperating to study thefeasibility of developing smart cities in Vietnam, especially in Binh Duong NewCity.
After the project is carried out, the two sides will continuewith piloting a Smart Education model in Binh Duong province.
Addressing the contract signing ceremony, Chairman of theprovincial People’s Committee Tran Thanh Liem said the contract is part ofactivities to implement the province’s smart city building plan.
The contents of the contract are also the fields Binh Duongis interested in and wants to develop so as to meet people, businesses andinvestors’ demand, he said.
Liem asked Becamex IDC and the NTT Group to promote theiraffiliates’ efforts to carry out the contract. He also requested localauthorities to support VNTT and NTT Vietnam in implementing the contract.-VNA
Vice Chairman of the Ho Chi Minh City People’s Committee Tran Vinh Tuyen has called on Japanese investors to join the city’s urban development projects, such as infrastructure building, equipment provision and management consultation.
Vietnam’s Becamex IDC Corporation and Japan’s Nippon Telegraph and Telephone East (NNT East) signed a Memorandum of Understanding (MoU) on March 26 to build a smart city in Binh Duong province.
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan had talks with Mayor of Tel Aviv Ron Huldai in the Israeli city on May 22 to discuss bilateral cooperation, especially in developing a smart city, high technology and start-up ecosystem.
The northern coastal province of Quang Ninh will focus its resources on carrying out nine component projects under a blueprint to turn Ha Long city into a smart urban area by 2020.
Hanoi authorities and US-based Dell Technologies Inc. on June 8 secured a memorandum of understanding (MoU) on strategic cooperation in building the local e-government and smart city.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
The VNTT Company and NTT Vietnam Corporation sign a business cooperation contract in Binh Duong province on June 19 (Photo: VNA) 
