HCM CITY — The HCM City administration has received a proposal from a US-based company to develop a smart transportation system using US$300 million borrowed from investment bank Morgan Stanley. Tuyến said the system, which is in line with HCM City’s goal of becoming a smart city, should first be installed in inner city districts and later in outlying districts. The Department of Transport had previously suggested a smart traffic control model as an effective solution to control traffic congestion, accidents, pollution and urban order. Cần Thơ as a smart city in 10 yearsThe Việt Nam Fatherland Front Committee has called on the Cần Thơ Party Committee to pass a resolution to develop the city into a smart city in the next 10 years. Last year Cần Thơ ranked third behind HCM City and Hà Nội in labour productivity among the country’s five centrally administered cities.

Source: Viet Nam News September 16, 2016 01:52 UTC