– Held in Ho Chi Minh City, an exhibition specializing in smart city
– 23 companies including 120 Korean companies participated
For three days from May 5 to 26, 'SMARTCITY ASIA 28', a smart city exhibition covering the overall smart city industry, including smart home, smart energy, smart factory, and smart mobility, was held in Ho Chi Minh City. A total of 3 companies, including 2022 Korean companies, participated in the first event.
<Exhibition Overview>
<List of Exhibitors>
<Source: Smart City Asia 2022>
Vietnam government smart city development strategy
In 2018, the Vietnamese government set the basic national smart city development direction and established the National Innovation Center by announcing the 'Vietnam Smart City Development Strategy by 2030' by the Prime Minister's Decree. In 2025, the 2019 'ICT Framework' was established for systematization and standardization of regional smart city development.
<Main smart city development strategies and plans by period>
[Source: Decision No. 950/QD-TTg]
The development field is expected to be applied to all industries such as infrastructure (land, transportation, energy, etc.) management, e-government, security, healthcare, and education.
<Main fields of smart city in Vietnam>
[Source: Comprehensive Ho Chi Minh Trade Center]
A look back at the scene
ㅇ Major participating companies
Thu Duc is Vietnam's first city within a city, and through this exhibition, the new city shares its plans to establish a smart city for the economic growth of the 4th industrial revolution, and introduces advanced platforms, social and technological infrastructure and Introduced smart building solutions.
Dahua Technology, a Chinese company, is a video-centric smart IoT solution and service provider, with an end-to-end security solution system for city operations, business management and consumers under the ideology of 'Enabling a safer society and smarter life'. and services were introduced.
Singaporean company Virspatial Technologies showed off metaverse technology that enables smart cities in Vietnam with a twin bus platform. Metaverse scenarios in various fields such as the latest applications of Metaverse in the global market, smart cities, smart manufacturing, smart energy, and smart ports were introduced to the visitors.
Vietnamese company FPT Smart home introduced a touch switch that can remotely control lighting devices with a smartphone or voice. He emphasized that the touch switch has high sensitivity, so it can optimize use in daily life and provides a comfortable living space that leads the trend.
[Source: Ho Chi Minh Trade Center self-photographed]
ㅇ Conference
Vietnam’s Ministry of Information and Communication, Ministry of Public Security and key figures from each city, as well as global experts in the smart city field, participated in the conference to discuss the development direction, strategy and solution of Vietnam’s smart city. Public-private partnerships for smart city projects, effective use of social resources , solving problems using digital platforms, etc., introduced the definition of a smart city to the general public and promoted participating companies.
<Conference Program>
[Source: Smart City Asia 2022]
ㅇ Korean Pavilion
The Korean Pavilion is composed of 23 SMEs selected by the Korea Federation of Small and Medium Enterprises and the Ministry of SMEs and Startups. Small and medium-sized enterprises (SMEs) participating in the Korean Pavilion were selected by evaluating their export growth potential and product competitiveness.
It recognizes the location of people and objects by using hybrid spatial data based on smartphone sensors, and provides real-time map generation using 3D LiDAR, non-map-based spatial data collection, spatial recognition, location information service, and data analysis in one platform. Wata and Twiny, which introduced an autonomous robot capable of accurately estimating self-position in a complex indoor space, and equipped with dynamic obstacle avoidance, target recognition and tracking technology, drew attention.
[Source: Ho Chi Minh Trade Center self-photographed]
According to an interview with the organizer, Vietnam has increased interest in smart cities after the ASEAN-Korea Commemorative Summit held in Busan in 2019, and hopes to benchmark Korea's Sejong and Busan. Vietnam's smart city is still in its infancy, but has great potential for development, and opportunities for Korean companies to advance.
implication
In Vietnam, there are opportunities for public-private cooperation projects because of the government's willingness to invest in and develop smart cities and expand private investment in the infrastructure sector. However, there is a possibility that infrastructure investment plans may be reduced or delayed due to the increase in public debt, and there are differences in policies by province and city. In addition, although new business fields are spread rapidly and there is a demand for new technologies, it is advantageous to domestic companies in bidding, etc., and there are some discriminatory practices against foreign companies, so it is necessary to establish a close relationship with local influential companies.