Skip to main content

Finland to help Vietnam develop smart cities

Speaking at a seminar held in Ho Chi Minh City, Finland's Minister of Economic Affairs Jan Vanpaavuori said that that his country would help Viet Nam achieve ambitious targets for smart and green cities by providing assistance in sustainable urban planning, industrial design, clean technologies and digital services, along with education and training.
October 23, 2014 Read time: 2 mins
Speaking at a seminar held in Ho Chi Minh City, Finland's Minister of Economic Affairs Jan Vanpaavuori said that that his country would help Viet Nam achieve ambitious targets for smart and green cities by providing assistance in sustainable urban planning, industrial design, clean technologies and digital services, along with education and training.

"The fast urbanisation and dynamic modernisation process in Viet Nam has increased demand for energy efficiency, smart transport and modern city infrastructure. This enormous growth potential makes Viet Nam a very interesting partner in the smart city area," he said.

Vanpaavuori said Finland had invested a great deal in demand-driven innovations and new business solutions, assisted by forward-thinking companies. He said the strengths of the Finnish economy and industries complemented Viet Nam's development needs and challenges.

Finnish companies have already contributed to Viet Nam's Green City targets in a number of ventures, including waste-to-energy plants, urban infrastructure and bridge development and the development of Ho Chi Minh City’s new urban area.
Experts estimate that the population of cities will increase from 3.3 billion to nearly 5 billion by 2030.

"With fast-growing and transforming cities, we are faced with challenges like air pollution, traffic problems, poor or non-existing city planning, lack of space and sustainable energy solutions. If not taken care of, at worst this leads to serious socio-economic and environmental problems," Vanpaavuori said.

Le Manh Ha, deputy chairman of Ho Chi Minh City People's Committee, said the city wanted to become a smart city by using IT in urban management. "The city wants to access advanced technology from Finland in urban design, traffic management organisation and wastewater management so that we can create sustainable urbanisation and a growth model," he said.

Related Content

  • Hydrogen: transportation's silver bullet?
    June 22, 2021
    As the quest for carbon-neutrality becomes a key political and economic driver, everyone is on the lookout for new sources of energy - so perhaps hydrogen’s time has come
  • PTV and Econolite on road to future-proof solutions
    September 20, 2022
    Transportation simulation software specialist PTV Group and North American traffic management provider Econolite are working together to develop new mobility solutions globally. Econolite CEO Abbas Mohaddes and PTV CEO Christian Haas sat down with Daily News to talk about the challenges and opportunities they face…
  • Smart mobility on the rise, says ABI Research
    May 10, 2016
    As extreme pollution and congestion in urban areas coupled with limited transportation options continues to challenge major cities across the globe, market intelligence firm ABI Research, predicts an imminent rise in smart electric mobility. Data analysis forecasts global electric vehicle revenue will hit US$58 billion in 2021, more than five times its market value in 2015. "The role of vehicle electrification in urban areas is part of a broader smart mobility model that includes shared vehicles, chargi
  • PTV owners buy majority stake in Econolite
    March 14, 2022
    Bridgepoint & Porsche Automobile Holdings buy most of Econolite for undisclosed sum