**VNTT and SmarterBuild Inc. Sign MOU for Smart City Solutions in South Korea**
**Hanoi, Vietnam** – In a significant development, VNTT and SmarterBuild Inc. have signed a Memorandum of Understanding (MOU) to collaborate on Smart City solutions in South Korea. This partnership marks a pivotal step in VNTT’s international expansion and showcases Vietnamese technological capabilities on the global stage.
The signing ceremony was graced by the presence of Mr. Pham Tuan Anh, CEO of VNTT, and Mr. Lee Dong Heon, Vice President of SmarterBuild, who represented their respective organizations.
Per the agreement, the two companies will work closely together in several key areas. These include joint product development and technical collaboration, sharing of technologies, and co-development of advanced digital solutions. They will also cooperate on digital ODA projects, involving joint design, implementation, and project management, including feasibility studies, risk assessments, and sustainable development strategies. Additionally, they will explore strategic business partnerships to pursue bilateral trade opportunities in high-tech fields.
“Our collaboration with SmarterBuild opens up new avenues for VNTT to engage in and implement digital ODA projects, contributing to the development of Smart City and Smart Factory ecosystems in Vietnam,” said Mr. Pham Tuan Anh, CEO of VNTT.
Mr. Lee Dong Heon, Vice President of SmarterBuild, added, “We believe that the combination of SmarterBuild’s international experience and VNTT’s expertise in technology and Smart City domain will deliver sustainable, modern, and efficient solutions for both countries.”
This MOU lays the foundation for expanded cooperation between VNTT and SmarterBuild, contributing to technological advancement and digital innovation in Vietnam and South Korea.
**About VNTT**
Vietnam Technology and Communications Corporation (VNTT) is a leading provider of ICT infrastructure services and digital transformation solutions in Vietnam. The company specializes in Smart City solutions, digital infrastructure, and enterprise connectivity.
**About SmarterBuild Inc.**
SmarterBuild Inc. is a leading South Korean technology company in the fields of smart infrastructure and industrial automation. The company focuses on providing sustainable and future-ready solutions.
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