Marking a significant step forward in Ho Chi Minh City’s journey towards the Fourth Industrial Revolution, the Center for the Fourth Industrial Revolution (C4IR) was inaugurated during the forum. As one of the ten founding members of the C4IR, Viettel’s leadership expressed that this event signifies the city’s robust development in the era of Industry 4.0.
Additionally, Viettel announced that it will construct a large data center in Cu Chi, Ho Chi Minh City, with an estimated investment of VND 6,000 billion next year. The group also proposed prioritizing investment in the development of domestically produced technology platforms to reduce dependence on foreign imports, enhance autonomy, and foster innovation. They further suggested encouraging the entry of major global technology companies into Vietnam, creating opportunities for local businesses to learn and grow.
As a committed partner, Viettel will drive digital transformation in Hoc Mon and Cu Chi districts across digital infrastructure, digital government, digital economy, and digital society. By 2025, Viettel aims to invest in 4G and 5G infrastructure to provide broadband services to 100% of the population and fiber optic infrastructure to every household.
The data center is expected to be a data hub, attracting foreign companies like Microsoft, Google, and Amazon to Vietnam. It will also serve as a broadband connection point from Ho Chi Minh City to the rest of the world.
Additionally, the center will focus on research, development, application, and provision of services and products based on emerging technology trends. These include Cloud Computing, Blockchain, Big Data Analytics, Artificial Intelligence, Virtual Reality, Augmented Reality, Mixed Reality, and technologies supporting the Metaverse. The center will also align with Decision No. 38/2020/QD-TTg dated December 30, 2020, issued by the Prime Minister, regarding the list of high technologies prioritized for investment and development and the list of high-tech products encouraged for development.
In a previous media interaction, Viettel’s Deputy General Director, Mr. Do Minh Phuong, affirmed:
“This is an important step forward, enabling Viettel to better serve customers nationwide and internationally, and contribute to the advancement of the telecommunications and information technology sector in Vietnam.”
The Magic Metropolis: Unlocking 1800+ Land Records on Day One of Tax Relief
On the very first day that the new land price framework was implemented by tax offices in Ho Chi Minh City, over 1,800 land-related dossiers were processed to calculate financial obligations and taxes for applications received after August 1st.
The Race to the Finish: Ho Chi Minh City Targets Q4 for Metro Line 1 Completion
With the recent approval from the People’s Committee of Ho Chi Minh City, there is a new timeline for the completion and commercial operation of the city’s first metro project. This highly anticipated development is now set to be delivered by the end of the fourth quarter of this year.
“Speculators Driving Up Land Prices in Hanoi: The Capital’s Fake Land Frenzy”
“A recent Techcombank Priority report highlights the need for caution among individual investors when it comes to land price appraisal before making investment decisions. The report underscores the importance of diligent research and prudent evaluation of land values to mitigate potential risks and make informed choices.”
Marina Central Tower: The Commercial Crown Jewel of Grand Marina, Saigon
Marina Central Tower is an iconic integrated commercial development, proudly standing on the heritage site of Ba Son, within the Grand Marina complex in Saigon. This development is set to make a significant contribution to the economic growth of Ho Chi Minh City.
The Vice Chairman’s Vision: Ho Chi Minh City’s Path to New Industries
Vice Chairman of the Ho Chi Minh City People’s Committee, Vo Van Hoan, emphasized the need for the city to establish new industries such as new energy, pharmaceutical, cultural, and film industries. He believes that these industries will play a pivotal role in propelling Ho Chi Minh City towards a brighter and more prosperous future. With a keen eye for economic development and a deep understanding of the city’s potential, Mr. Hoan’s vision is to foster innovation and create a thriving environment for these industries to flourish. By doing so, Ho Chi Minh City can position itself at the forefront of these emerging sectors, attracting investments and creating numerous opportunities for its citizens.
