Businesses team up to help develop Binh Duong smart city

Subsidiaries of Vietnam’s Becamex IDC Corp. and Japan’s NTT East will partner in developing information and communications technology (ICT) to help southern Binh Duong province build a smart city.

businesses team up to help develop binh duong smart city hinh 0
An area of Binh Duong New City in Binh Duong province
On January 24, the provincial People’s Committee presented the project investment certificate to the Vietnam Technology & Telecommunication JSC (VNTT) of Becamex IDC and the NTT Vietnam Corporation of NTT East.

Earlier, the two parent firms had inked a memorandum of understanding on ICT cooperation in the initial stage of building the Binh Duong smart city. Basing on this deal, NTT Vietnam inked a business cooperation contract with VNTT to provide telecom and ICT services in the province.

At the certificate presentation ceremony, affiliates of the Vietnamese and Japanese groups also signed a memorandum on the feasibility study, building and operation of a data centre in Binh Duong. 

This centre will be a precondition for attracting major financial and e-commerce enterprises to locate their servers in Vietnam, and also for developing local trading activities and services in the future.

The provincial administration approved the “Binh Duong smart city” plan two years ago with a focus on human resources, technology, businesses and foundation factors.

Vice Chairman of the People’s Committee Dang Minh Hung highly valued the partnership between VNTT and NTT Vietnam in realising an important component of the “Binh Duong smart city” plan. He also called on more sectors and businesses to develop this field amid the intensive international integration and Industry 4.0.
VNA

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