The event was co-organised by Korea CEO Summit (KCS), Ho Chi Minh City Union of Business Associations (HUBA), Young Business People Association of Ho Chi Minh city (YBA HCM), and Imex Pan Pacific Group (IPPG).

The CICON 2023 takes place in Ho Chi Minh City on June 7.

Speaking at the event, Chairman of the municipal People’s Committee Phan Van Mai said that with a favourable geographical position, large population, and fast economic development, Ho Chi Minh City has full potential to develop into a smart and sustainable city.

However, to turn potential into reality, the city needs the companionship and support of international friends in different fields to create appropriate and effective solutions, he said, emphasising that the RoK is one of the important partners with rich experience in building smart cities and leading corporations.

Ho Chi Minh City aims to build a smart and modern city and Thu Duc city was selected to deploy initial solutions, through which lessons have been drawn, Mai said.

Kwon Young Gull, Chairman of the National Architectural Policy Committee under the Office of the President of the RoK, and Chairman of the Seoul Design Foundation said that Vietnam is known as a country with sustainable growth in the region with the advantages of a young population structure and potential for industrial and high-tech development.

However, like many other countries, Vietnam is encountering problems of climate change, particularly natural disasters. Quality of life and infrastructure are issues that Vietnam is currently facing, especially in big cities like Hanoi and Ho Chi Minh City.

Building a smart city does not stop at building infrastructure, but focusing on businesses that are creative and have advanced science and technology, and encouraging the connection between businesses and individuals in the public and private sectors to create synchronisation and effectively promote technological achievements, he said.

He suggested that Vietnam need to develop a strategy of "Design Vietnam" to synchronously deploy solutions for planning, appearance design, and urban quality like the way the RoK did before when building Seoul into a smart city.

Big cities like Hanoi, Da Nang, and Ho Chi Minh City need to join urban alliances in the region so that they can share and learn experience in designing and implementing smart urban models, he said.

Vietnam shows significant improvement in business environment: EIU

Vietnam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators.

FDI business: Industrial production locomotive

(BGO) – Bac Giang province now has 8 industrial parks (IP) which have attracted 453 projects, including 350 foreign direct investment (FDI) projects with total registered capital of over 8.2 billion USD. Amid many difficulties, the FDI enterprises in the IP maintain stable production and business activities, ensure good policies and rights for labours. 

Efforts to improve investment and business environment

The Provincial Competitiveness Index (PCI) 2022 is the recognition of the business community on the innovation and creativity efforts of local authorities over the past year. While Bac Giang, a province in the northern midland region, made great progress, ranking second, Hanoi and Ho Chi Minh City downgraded compared to the results in 2021. This reflects fierce competition in development, forcing localities to thoroughly grasp their strengths and weaknesses to make changes to avoid lagging.

Prime Minister receives Belgian diplomat, business leader

Prime Minister Pham Minh Chinh hosted a reception for Belgian Ambassador to Vietnam Karl Van Den Bossche and Francois Michel, CEO of John Cockerill Group - a mechanical engineering firm of Belgium, in Hanoi on May 17.

Over 21,270 farmer households in Bac Giang city recognized as good production and business

(BGO) – More than 21,270 out of 23,447 registered turns of farmers in Bac  Giang city (Bac Giang province) have been qualified as good production and business households at all levels since 2018.

Source: VNA