HCM City: First startup firm in IC development established

The Vietnam High Efficiency Software (VHES) Corporation officially debuted on March 16, becoming the first high-tech startup enterprise formed under the integrated circuit (IC) industry development programme of Ho Chi Minh City.

The firm launched its first product using smart grid development called high efficiency software (HES), which is an intermediate software system connecting the meter data management system (MDMS) and the terminal network including Modem/DCU and electrometers. 

The software collects and saves data from the terminal equipment, while managing and providing information for the MDMS.

VHES’s products were created with support from the municipal Department of Science and Technology, the IC Design Research and Education Centre (ICDREC) of the Vietnam National University Ho Chi Minh City and the HCM City Power Corporation.   
hcm city: first startup firm in ic development established hinh 0
ICDREC will transfer part of its technologies to VHES to continue perfecting HES.

Nguyen Van Ly, Vice General Director of the HCM City Power Corporation said his firm has outlined a grid modernisation programme to 2020, focusing on building a smart grid, automating operation and collecting data remotely.

According to VHES, the HES application will help save VND160 billion on managing HCM City’s electricity a year. 

Tran Vinh Tuyen, Vice Chairman of the municipal People’s Committee said smart management will help operate city’s grid safely and stably, adding that municipal authorities plan to order VHES to research management software for other fields.

VNA

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